Williams Natural Gas Company

Second Revised Volume No. 1

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Effective Date: 03/14/1996, Docket: RP95-296-002, Status: Effective

Second Revised Sheet No. 251 Second Revised Sheet No. 251 : Superseded

Superseding: First Revised Sheet No. 251

 

 

GENERAL TERMS AND CONDITIONS

 

 

14. TRANSITION COSTS AND EXIT FEES (Cont'd)

 

Such direct bill shall be based on each customer's purchases as a

percentage of total purchases by all customers under the above

listed rate schedules during the twelve-month period preceding the

effective date of this Article 14. Such direct bill (or refund)

shall include interest on the balance determined pursuant to

Section 154.501 of the Commission's regulations.

 

WNG may also direct bill with interest, prior period adjustments,

which would be includable in WNG's unrecovered purchased gas cost

account, applicable to periods prior to the effective date of this

Article 14 but recorded within nine months after such effective

date. Such nine month limitation shall not apply to adjustments

which result from settlement or conclusion of claim, dispute, or

litigation resulting from gas purchase contracts applicable to

purchases by WNG prior to the effective date of this Article 14 or

to amounts billed by former suppliers pursuant to Commission

orders. Prior period adjustments direct billed pursuant to this

paragraph will be allocated using the same method used to allocate

the unrecovered balance as of the effective date of this Article

14.

 

WNG shall have the right to file under Section 4 of the NGA to

recover unrecovered purchased gas costs, as provided herein. In

any Section 4 filing, WNG will provide an explanation regarding the

status of gas costs subject to claim, dispute, or litigation.

 

WNG shall refund, with interest, any amounts WNG receives which

would be credited to WNG's unrecovered purchased gas cost account,

applicable to periods prior to the effective date of this Article

14, but which are recorded after such effective date. Amounts

refunded pursuant to this paragraph will be allocated using the

same method used to allocate the unrecovered balance as of the

effective date of this Article 14.

 

Payment may be made in a lump sum or over an amortization period

not to exceed 36 months with interest determined pursuant to

Section 154.501 of the Commission's regulations. If any customer

electing not to make a lump-sum payment terminates or assigns

(except pursuant to Article 11 herein) all or any portion of its