Williams Natural Gas Company

Second Revised Volume No. 1

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Effective Date: 10/01/1993, Docket: RS92- 12-003, Status: Effective

Original Sheet No. 255 Original Sheet No. 255 : Superseded

 

 

GENERAL TERMS AND CONDITIONS

 

 

 

 

14. TRANSITION COSTS AND EXIT FEES

 

14.1 Unrecovered Purchased Gas Costs

 

WNG shall have the right to direct bill (or refund) all parties

who were customers under former Rate Schedules F, PR(A), PR(B)

and P on May 18, 1992 for their pro-rata share of the balance in

WNG's unrecovered purchased gas cost account and the unamortized

portion of deferred gas storage costs as of the effective date of

this Article 14.

 

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 154.67 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.