Williams Natural Gas Company

Second Revised Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

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

Original Sheet No. 256 Original Sheet No. 256 : Superseded

 

 

GENERAL TERMS AND CONDITIONS

 

 

 

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

 

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 154.67 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

firm services contract with WNG prior to full recovery by WNG of

such customer's direct bill amount, the remaining amount owing,

or portion thereof, will be due upon termination or assignment of

such customer's firm services contract as an exit fee.

 

WNG will submit two follow-up reports to the Commission after

this Article 14 has become effective. The first report will

detail the final balance in Account No. 191, plus, if the billing

of the balance has commenced by that time, any adjustments to the

balance being billed and the details of the amounts billed to

date. Such report shall be filed 45 days after the effective

date of this Article 14. The second report will show the total

actual amounts billed to each customer and will be filed at the

end of the amortization period.