Elba Express Company, L.L.C.

Original Volume No. 1

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Effective Date: 03/01/2010, Docket: RP10-342-000, Status: Effective

Original Sheet No. 106 Original Sheet No. 106

 

32.4 Determination of the Current Electric Power Costs:

 

COMPANY shall determine the Current Electric Power Rates for each

Electric Power Annual Period by the following procedures:

 

(a) The Estimated Electric power Costs shall be summed with the balance

accumulated at the end of the Deferral Period in the Transmission Electric

Power Deferred account as determined in accordance with Section 32.5

below.

 

(b) The amounts determined in Section 32.4(a) above will be divided by the

Estimated Contract Deliveries.

 

32.5 Transmission Electric Power Deferred Account:

 

COMPANY shall maintain the account for each Deferral Period in

accordance with the following procedures:

 

(a) COMPANY shall determine each month the Actual Electric Power costs.

 

(b) COMPANY shall determine each month the actual recovery of Electric Power

revenues under the Current Electric Power Rate(s). COMPANY shall impute

actual recovery of Electric Power revenues at the Current Electric Power

Rate(s) for all volumes transported under a negotiated rate that includes

a negotiated Electric Power Rate, and COMPANY shall be at risk for the

recovery of this imputed revenue.

 

(c) Each month, COMPANY shall determine the difference, positive or negative

between the amount computed in Section 32.5(a) and Section 32.5(b) above

and record such difference in a sub-account acceptable to FERC under the

Uniform system of Accounts which COMPANY shall designate as an Electric

Power Deferred Account. Interest expense not otherwise collected from

SHIPPER shall be computed on the balance in COMPANY's Transmission

Electric Power Deferred Account, positive or negative, based on the method

prescribed in Section 154.501 (d) (1) of the FERC's Regulations.

 

33. INTERRUPTIBLE REVENUE CREDITING MECHANISM

 

33.1 Applicability:

 

This section governs crediting of interruptible transportation or other

interruptible services revenue, including ITS Service on a backhaul basis,

Authorized Overrun, and short-term firm transportation revenues (each, "Credited

Service") to all FTS Service Agreements so long as no costs of service are

allocated to the applicable Credited Service; provided, that COMPANY agrees not

to propose and to oppose any such allocation.