West Texas Gas, Inc.
First Revised Volume No. 1
Contents / Previous / Next / Main Tariff Index
Effective Date: 05/01/1998, Docket: RP98- 25-005, Status: Effective
Substitute Third Revised Sheet No. 23 Substitute Third Revised Sheet No. 23 : Effective
Superseding: Second Revised Sheet No. 23
GENERAL TERMS AND CONDITIONS
19. Maximum Effective Rates
19.1 The Maximum Effective Rate, including separately stated
fuel and loss charges under West Texas Gas, Inc.'s (Seller) Rate
Schedules FS-1 and IS-1 (Affected Rate Schedules) as contained
in Seller's FERC Gas Tariff, First Revised Volume No. 1, shall
be the Total Rate for each rate schedule as set forth on Seller's
effective Sheet No. 4.
19.2 For each month, the Maximum Effective Rate shall be
calculated in accordance with Seller's effective Sheet No. 4,
which shall specify (1) the applicable Spot Price Index, as
defined in Section 19.3, (2) a factor to reflect fuel, lost, and
unaccounted for gas, (3) Seller's effective non-gas rate, (4) all
applicable surcharges, and (5) for any volumes delivered in New
Mexico, the applicable gross receipts tax as set forth on Sheet
No. 4, provided that no gross receipts tax shall be imposed on
any volumes for which Seller is exempt from such tax.
19.3 The Spot Price Index shall equal the index price reported
for El Paso Natural Gas Company - Permian Basin in the table
"Prices of Spot Gas Delivered to Pipelines" published in the
first issue each month of "Inside FERC Gas Market Report" (or any
successor publication of McGraw Hill, Inc.).
19.4 On the second business day following the determination of
each month's Spot Price Index, Seller shall telecopy to all
affected customers under each of Seller's Affected Rate Schedules
the maximum Gas Rate calculated in accordance with Section 19.2.
Such rate shall be effective for the entire month.
19.5 In the event "Inside FERC Gas Market Report" fails or
ceases to publish an index price for El Paso Natural Gas Company -
Permian Basin in any month, Seller shall file with the
Federal Energy Regulatory Commission a revised pricing index
which shall be effective on the date filed.