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. 107 Original Sheet No. 107
33.2 Revenues to be Credited: Revenues to which the credit under this Section 33
apply ("Eligible Revenues") shall be the revenues received by COMPANY under Rate
Schedule ITS, PAL, and any other interruptible rate schedules that may be
implemented under this Tariff, short-term FTS revenues, and Authorized Overrun
33.3 Percentage of Eligible Revenues: COMPANY shall credit 100% of all Eligible
Revenues net of costs incurred by COMPANY.
33.4 Apportionment of Eligible Revenues: COMPANY shall apportion Eligible Revenues
among all SHIPPERS receiving FTS service by applying the following ratio for each
SHIPPER: (a) the SHIPPER's total Reservation Charge under Rate Schedule FTS
collected by COMPANY during the 12-month period ending each year on the
anniversary of the in-service date, (b) divided by the aggregate of all SHIPPERS'
Reservation Charges under Rate Schedule FTS collected by COMPANY, except no
SHIPPER may receive a credit under this Section 33 in excess of its actual
payments to COMPANY for that 12-month period.
33.5 Annual Report and Disbursement of Eligible Revenues: On or before the last day
of the first full month following the first anniversary of the in-service date
and each year thereafter, COMPANY shall file a report with the Commission on its
calculation of Eligible Revenues to be credited to SHIPPERS. COMPANY shall
disburse the Eligible Revenues to SHIPPERS no later than 30 days after the
Commission approves or accepts the report.