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
(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
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.