Pacific Gas Transmission Company

First Revised Volume No. 1-A

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Effective Date: 03/01/1998, Docket: GT98- 17-000, Status: Effective

First Revised Sheet No. 126 First Revised Sheet No. 126 : Effective

Superseding: Substitute Original Sheet No. 126

TRANSPORTATION GENERAL TERMS AND CONDITIONS

(Continued)

 

30. GAS SUPPLY RESTRUCTURING TRANSITION COSTS (Continued)

 

30.5 Transition Cost Recovery Mechanism (Continued)

 

(e) Carrying Charges -- Carrying charges shall accrue

beginning on the effective date of PG&E GT-NW's filing

to recover GSR costs or the date PG&E GT-NW initiates

payment for GSR costs, whichever is later. Carrying

charges shall be calculated in accordance with Section

154.67 of the Commission's regulations.

 

30.6 Reconciliation

 

(a) At the conclusion of the Initial GSR Cost Collection

Period, PG&E GT-NW will determine its GSR Costs and the

actual amounts of GSR Transition Cost Surcharge revenues

 

(b) If PG&E GT-NW's collections hereunder shall equal or

exceed its GSR Costs, PG&E GT-NW shall file to terminate

further collections hereunder. The amount of any excess

collected shall be repaid to all Shippers affected hereby

in proportion to the principal amount of GSR Transition

Cost Surcharge payments they have provided pursuant to

this Paragraph 30. Within ninety (90) days of the

termination of collections pursuant to this Paragraph 30,

PG&E GT-NW T will submit a report to the Commission setting

out a comparison of its GSR costs and the amounts collected

hereunder and any repayments to be provided hereunder.

Within thirty (30) days of the Commission's approval of

such report, repayments, with applicable carrying

charges, shall be paid.

 

(c) If PG&E GT-NW's collections hereunder are less than its

GSR Costs, PG&E GT-NW shall be permitted to recover such

deficiency, including carrying charges, during the

Carryover GSR Cost Collection Period by filing with the

Commission GSR Transition Cost Surcharges within ninety

(90) days of the conclusion of the Initial GSR Cost

Collection Period. The GSR Transition Cost Surcharge

will be determined by dividing the remaining GSR costs by

the applicable quantities underlying PG&E GT-NW's

then-effective rates. The GSR Transition Cost Surcharge

shall be effective on the first day of the month

following Commission approval of such filing.

 

(Continued)