Florida Gas Transmission Company

Third Revised Volume No. 1

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Effective Date: 11/01/1997, Docket: RP97-531-000, Status: Effective

Sixth Revised Sheet No. 132 Sixth Revised Sheet No. 132 : Superseded

Superseding: Fifth Revised Sheet No. 132

GENERAL TERMS AND CONDITIONS

(continued)

 

(b) The amount due Transporter for Receipt Imbalances and NNTS

Imbalances shall be the Imbalance Quantity multiplied by

the Product of the corresponding Imbalance Level Factor

multiplied by the Sales Posted Price for Imbalance Due

Transporter.

 

(c) The amount due Transporter for Delivery Imbalances shall be

the sum of:

 

(1) the Imbalance Quantity multiplied by the product of

the corresponding Imbalance Level Factor multiplied by

the Sales Posted Price for the month; plus

 

(2) for Market Area deliveries, the Imbalance Quantity

multiplied by the weighted average of the maximum

rates, plus applicable surcharges, of Rate Schedules

FTS-1, FTS-2, and SFTS scheduled at the delivery

points covered by the Operating Account Agreement,

other than quantities determined as NNTS Service in

Section 13.; or

 

(3) for Western Division deliveries, the Imbalance

Quantity multiplied by the weighted average of the

maximum rates, plus applicable surcharges, of Rate

Schedules FTS-1, FTS-WD and FTS-2 scheduled at the

delivery point, other than quantities determined as

NNTS Service in Section 13.

 

2. Imbalance Due Imbalance Party

 

In the event of a Delivery or NNTS Imbalance when actual

deliveries are less than scheduled quantities or a Receipt

Imbalance when actual receipts exceed scheduled quantities,

Transporter will pay the Imbalance Party for such excess

receipts or deficiency of deliveries.

(a) Such payments will be based on the Purchase Posted Price

for the month multiplied by one of the following factors:

 

Imbalance Level Factor

0% - 5% 0.95

Greater than 5% - 20% 0.90

Greater than 20% 0.80

 

Imbalance Level shall be calculated by dividing the

imbalance quantity by the sum of the total quantities

scheduled for delivery or receipt.