[Federal Register Volume 77, Number 182 (Wednesday, September 19, 2012)]
[Notices]
[Pages 58126-58127]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-23031]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. RP12-1021-000]
Columbia Gas Transmission, LLC; Notice of Offer of Settlement
Take notice that on September 4, 2012, Columbia Gas Transmission,
LLC (Columbia) filed a Stipulation and Agreement (Settlement),
including pro forma tariff records, pursuant to 18 CFR 385.602 (2012)
to reduce its base rates for transportation service and address
numerous complex issues arising out of recent and anticipated changes
in pipeline safety requirements, Columbia's dedication to pipeline
safety and reliability of service, and the aging nature of Columbia's
system.
Columbia states that the settlement provides for the implementation
of a new Capital Cost Recovery Mechanism (CCRM), which will allow
Columbia to recover, through an additive capital demand rate, its
revenue requirement for capital investments made under Columbia's long-
term plan to modernize its interstate transmission system. The
Settlement also establishes: (1) Revised transmission depreciation and
negative salvage rates effective January 1, 2012 through December 31,
2024; (2) a revenue sharing mechanism pursuant to which Columbia will
share 75% of specified revenues earned in excess of an annual
threshold; (3) a moratorium through January 31, 2018 on changes to
Columbia's reduced transportation base rates pursuant to the
Stipulation; (4) a commitment from Columbia that it will file a general
Natural Gas Act (NGA) Section 4(e) rate application to be effective no
later than February 1, 2019; and (5) additional shipper-requested
terms, all as described more fully in the Settlement filing.
Columbia states that it has served copies of this filing on all
affected customers and interested state commissions. Columbia
respectfully requests that the Commission issue an order approving the
settlement no later than December 1, 2012.
Any person desiring to intervene or to protest this filing must
file in accordance with Rules 211 and 214 of the Commission's Rules of
Practice and Procedure (18 CFR 385.211 and 385.214 (2012)) by the date
set forth below. Protests will be considered by the Commission in
determining the appropriate action to be taken, but will not serve to
make protestants parties to the proceeding. Any person wishing to
become a party must file a notice of intervention or motion to
intervene, as appropriate. Such notices or motions must be filed on or
before the dates as indicated below. Anyone filing an intervention or
protest must serve a copy of that document on the Applicant. Anyone
filing an intervention or protest on or before the intervention or
protest date set below need not serve motions to intervene or protests
on persons other than the Applicant. Pursuant to Rule 602(f)(2) of the
Commission's Rules of Practice and Procedure, 18 CFR 385.602(f)(2)
(2012), initial comments
[[Page 58127]]
on the Settlement are due not later than 20 days after the filing of
the Settlement, and reply comments are due not later than 30 days after
the filing of the Settlement.
The Commission encourages electronic submission interventions and
comments in lieu of paper using the ``eFiling'' link at http://www.ferc.gov. This filing is accessible on-line at http://www.ferc.gov,
using the ``eLibrary'' link and is available for review in the
Commission's Public Reference Room in Washington, DC. There is an
``eSubscription'' link on the web site that enables subscribers to
receive email notification when a document is added to a subscribed
docket(s). For assistance with any FERC Online service, please email
[email protected], or call (866) 208-3676 (toll free). For
TTY, call (202) 502-8659.
Interventions and Comments are due by: September 24, 2012.
Reply Comments are due by: October 4, 2012.
Dated: September 11, 2012.
Kimberly D. Bose,
Secretary.
[FR Doc. 2012-23031 Filed 9-18-12; 8:45 am]
BILLING CODE 6717-01-P