CNG Transmission Corporation

Second Revised Volume No. 1

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Effective Date: 02/01/1999, Docket: RP97-406-021, Status: Effective

Fourth Revised Sheet No. 348 Fourth Revised Sheet No. 348 : Superseded

Superseding: Sub. Third Revised Sheet No. 348




No. 858 Base Tariff Rate, as appropriate, to determine

the Current Rate for all of Pipeline's services under

the Applicable Rate Schedules.


15.4 Unrecovered Transportation Cost Account.

A. Pipeline shall maintain an Unrecovered Transportation

Cost Account for the collection of Costs under the

Applicable Rate Schedules as a subaccount to Account

No. 186. This account shall be segregated between

services (total transportation, firm transportation

only, GSS-TETCO, and storage) and between rate

components. The Unrecovered Transportation Cost

Account shall be (a) debited by Pipeline's actual

Transportation Costs, and (b) credited by the revenues

received attributable to Transportation Costs

reflected in Pipeline's rates. Such credits shall be

determined by multiplying (i) the actual Reservation

and Usage billing units under the Applicable Rate

Schedules for the billing month by (ii) the Current

Transportation Rate, as determined in accordance with

Section 15.3. The Unrecovered Transportation Cost

Account shall also be debited or credited by the

transfer of the Unrecovered Fuel Cost Reimbursement

Subaccount and the Unrecovered EPC Reimbursement


B. All Transportation Cost refunds, surcharges, and

out-of-period adjustments (collectively,

"adjustments") received by Pipeline, applicable to

services performed for Pipeline during the period this

Section 15 remains effective, shall be debited or

credited to the appropriate subaccount.

1. Pipeline will maintain a refund subaccount of

Account No. 186 for each service as specified in

Section 15.4.A. If, at month's end, the refund

subaccounts have a credit balance of $2 million

or more, a refund will be made in accordance with

Section 15.4.G., below.

2. Pipeline will also maintain a refund subaccount

in the Transportation Cost subaccount of Account

No. 186, which shall consist of any cumulative

proceeds from the sale of gathering or products

extraction facilities, or from sales of base gas

during the Settlement Period established in

Docket Nos. RP97-406, et al., in excess of

aggregate net book value, up to the

then-cumulative level of facility costs that

Pipeline has recovered from its