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Third Revised Sheet No. 247B Third Revised Sheet No. 247B : Superseded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