TransColorado Gas Transmission Company

Original Volume No. 1

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Effective Date: 12/01/2003, Docket: RP00-459-002, Status: Effective

Third Revised Sheet No. 247B Third Revised Sheet No. 247B : Superseded

Superseding: Second Revised Sheet No. 247B

GENERAL TERMS AND CONDITIONS

 

12. BALANCING OF GAS (Continued)

 

the 12-month period April 1 through March 31 based on the 12 months ended

December 31 as provided in paragraph 12.9, (a)(iii) and (iv). The fuel

reimbursement report will show how the monthly fuel reimbursement

percentages were calculated and illustrate how the monthly projected fuel

percentages were reconciled with actual fuel usage for the 12 months ended

each December 31st. Any revisions to the 12-month application of

TransColorado's Fuel Reimbursement provision will be included in the prior

year's variance adjustment.

 

(c) If, pursuant to Section 23.11 of the General Terms and

Conditions, TransColorado negotiates a fuel retention rate different than

the maximum rate level, TransColorado will credit the full recourse rate

fuel retention amounts to the appropriate fuel retention accounts.

 

12.2 Credit of Cashout Revenues.

 

Any cashout revenues that exceed gas purchase and applicable costs

will be credited to firm, interruptible and negotiated-rate Shippers. The

credits shall be calculated by dividing the actual reservation and

commodity revenues for each Shipper by the total reservation and commodity

revenues during the reporting period and multiplying the result by the

excess cashout revenues. The reservation and commodity revenues used to

calculate the refund allocation factor shall be net of all applicable

surcharges, including, but not limited to, ACA and GRI surcharges. The

reporting period shall be the annual period of January through December.

If gas purchase and applicable costs exceed revenues, the costs exceeding

revenues will be rolled into subsequent annual costs, as an offset to

revenues, until eliminated.

 

Any excess revenues collected for the period January through

December will accrue interest from the date of collection until the date

credited, using the current Federal Energy Regulatory Commission interest

rate as defined in 18 C.F.R. Section 154.501(d) and be credited to

Shippers' invoices within 90 days from the end of each calendar year.

 

12.13 Refund of Penalty Revenues

 

All Operational Flow Order penalties, unauthorized overrun

penalties, cash-out penalties, parking and loaning penalties and imbalance

penalty revenues, that exceed gas purchase and incremental administrative

costs, will be credited to all non-offending firm, interruptible and

negotiated-rate Shippers as set out in 12.12 above.