Midcoast Interstate Transmission, Inc.
Second Revised Volume No. 1
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Effective Date: 10/01/1997, Docket: GT97- 71-000, Status: Effective
Second Revised Sheet No. 133 Second Revised Sheet No. 133 : Effective
Superseding: FIRST REVISED SHEET NO. 133
GENERAL TERMS AND CONDITIONS (Continued)
24.1 Funding Services: Funding Services shall include all
services under Rate Schedules shown on Sheet No. 4 of
Transporter's FERC Gas Tariff.
24.2 (a) Filing of Annual Charge Rate Adjustment: The
effective rates for Funding Services under Rate
Schedules shown on Sheet No. 4 of Transporter's FERC
Gas Tariff shall be the Rate After Current Adjustment
for each applicable Rate Schedule reflecting the
Current Annual Charge Rate Adjustment under this
(b) Effective Date of Adjustment: The Effective Date of
Adjustment for each Annual Charge Rate Adjustment
filed pursuant to this Section 24 shall be October 1
of each year. The Annual Charge Rate Adjustment shall
become effective on the Effective Date of Adjustment
without suspension or refund obligation.
(c) Filing Procedure: At least thirty (30) days prior to
the Effective Date of Adjustment, Transporter shall
file with the FERC and post, as defined in Section
154.16 of the Commission's Regulations, revised
Tariff Sheet No. 4 to Volume No. 1 of Transporter's
FERC Gas Tariff, reflecting the Current Annual Charge
24.3 Current Annual Charge Rate Adjustment: The current Annual
Charge Rate Adjustment shall be the unit amount, adjusted as
necessary for heating value and pressure base, which the
FERC orders to be effective for the fiscal year commencing
on the Effective Date of Adjustment.
24.4 Retention of Revenues Collected Under Annual Charge Rate
Adjustment: Transporter shall retain all revenues
collected under this Section 24. Except as provided by this
Section 24, Transporter shall not have the right to seek to
recover in any proceeding under Section 4(e) of the Natural
Gas Act any Annual Charges recorded in its FERC Account No.
25. INCORPORATION IN RATE SCHEDULES AND TRANSPORTATION CONTRACTS
These General Terms and Conditions are incorporated in and are a
part of Transporter's Rate Schedules and Transportation
Contracts excluding Rate Schedule S.