Distrigas of Massachusetts Corporation

First Revised Volume No. 1

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Effective Date: 09/01/1995, Docket: RP95-400-002, Status: Effective

Substitute First Revised Sheet No. 75-A Substitute First Revised Sheet No. 75-A : Superseded

Superseding: FIRST REVISED SHEET NO. 75-A

 

RATE SCHEDULE FVSS

(continued)

charges under Tennessee's Rate Schedule NET for firm

transportation from Wright, N.Y. to eastern

Massachusetts.

 

(b) To the extent that a Call Payment may exceed

the applicable Call Payment Cap by reason of a

decrease in a component demand charge of said Cap,

Seller will refund such excess with interest, if

any, calculated pursuant to Section 154.67 (c) (2)

(iii) of the Commission's Regulations, 18 C.F.R.

Sections 154.67 (c) (2) (iii). The Call Payment Cap

under this Section applies to the price of LNG

calculated at the tailgate of Seller's Everett

terminal and does not include any reservation or other

charges for transportation incurred by Seller in making

deliveries for or on behalf of Buyer under this Rate

Schedule. The Call Payment Cap set forth in

Subsection 3.1 (a) (2) hereof shall expire at such a

time as the Call Payment Cap in Subsection 3.1 (a)

(1) ceases to be effective.

 

3.2 Commodity Rate. (a) The commodity rate shall be as

negotiated between Buyer and Seller. As to sales

for resale in interstate commerce, the average

Commodity Rate over the term of the Service

Agreement will not exceed the average over such term

of the Firm Commodity Cap as determined under

Section 3.2(b). The Firm Commodity Cap under this

Section applies to the price of LNG calculated at

the tailgate of Seller's Everett terminal and does

not include any transportation or other charges

incurred by Seller in making deliveries for or on

behalf of Buyer under this Rate Schedule.

 

(b) The Firm Commodity Cap shall be the sum of (i)

the applicable Gas Price Index selected by Buyer and

set forth in the Service Agreement, (ii) the

Transportation Commodity Cost and (iii) the Call

Payment Remainder. The Gas Price Index selected by

Buyer for purposes of calculating the Firm Commodity

Cap may be the Daily Gas Price Index, the Monthly

Gas Price Index or the Annual Gas Price Index. If

no Gas Price Index is set forth in the Service

Agreement, the Monthly Gas Price Index shall be

utilized in calculating the Firm Commodity Cap.