[Federal Register Volume 61, Number 219 (Tuesday, November 12, 1996)]
[Notices]
[Pages 58056-58057]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-28825]
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DEPARTMENT OF ENERGY
[Docket No. RP97-50-000]
Texas Eastern Transmission Corporation; Notice of Proposed
Changes in FERC Gas Tariff
November 5, 1996.
Take notice that on October 31, 1996, Texas Eastern Transmission
Corporation (Texas Eastern) tendered for filing as part of its FERC Gas
Tariff, Sixth Revised Volume No. 1 and Original Volume No. 2, revised
tariff sheets listed on Appendix A to the filing to become effective
December 1, 1996
Texas Eastern states that the revised tariff sheets are being filed
(i) pursuant to Section 15.6, Applicable Shrinkage Adjustment (ASA),
contained in the General Terms and Conditions of Texas Eastern, FERC
Gas Tariff, Sixth Revised Volume No. 1, and (ii) pursuant to Texas
Eastern's Docket No. RP85-177-119, et al, Stipulation and Agreement
(``Settlement'') filed January 31, 1994 and approved by Commission
order issued May 12, 1994.
Texas Eastern states that it is filing concurrently its Annual PCB-
Related Cost Filing to reflect the PCB-Related Cost rate components to
be effective for the twelve month period December 1, 1996 through
November 30, 1997 (PCB Year 7). Texas Eastern states that the combined
impact on Texas Eastern's rates at December 1, 1996 of this filing in
combination with the PCB Year 7 Filing for typical long haul service
under Rate Schedule FT-1 from Access Area Zone East Louisiana to Market
Zone 3 (ELA-M3) equates to an overall decrease of 0.23 cents as
follows:
------------------------------------------------------------------------
100% LF
impact ($/
dth)
------------------------------------------------------------------------
PCB Year 7 Filing.......................................... (0.0067)
ASA & Global Settlement:
ASA Surcharge............................................ 0.0055
Spot Fuel Component...................................... 0.0003
Account 858 Costs........................................ (0.0014)
------------
Grand Total.......................................... (0.0023)
------------------------------------------------------------------------
Texas Eastern states that the changes proposed to become effective
beginning December 1, 1996 consist of (1) revised ASA Percentages
designed to retain in-kind the projected quantities of gas required for
the operation of Texas Eastern's system, less quantities projected to
be purchased from Appendix C contracts under the Settlement, in
providing service to its customers, (2) the ASA Surcharge designed to
recover the net monetary value recorded in the Applicable Shrinkage
Deferred Account as of August 31, 1996, (3) Spot Fuel Components
designed to recover the Spot Costs, as defined in the Settlement,
projected to be incurred over the twelve month period beginning
December 1, 1996 and the balance recorded in the Spot Fuel Deferred
Account as of August 31, 1996, (4) A Fuel Reservation Charge Adjustment
designed to recover the excess (limited to a maximum rate) of the
August 31, 1996 balance in the Non-Spot Fuel Deferred Account over the
threshold amount of $25 million specified in Appendix E of the
Settlement, and (5) a revised Account No. 858 Costs rate component
designed to recover the projected annual cost and the August 31, 1996
balance recorded in the Account No. 858 Costs Deferred Account which
represents the amount necessary to true up the actual costs incurred
subsequent to the Effective Date of the Settlement with actual cost
recoveries subsequent to the Effective Date of the Settlement, plus
applicable carrying costs. Texas Eastern states that this filing also
constitutes Texas Eastern's report of the annual reconciliation of the
interruptible revenues under Rate schedules IT-1, PT1 and ISS-1 as well
as for Rate
[[Page 58057]]
Schedule LLIT and for Rate Schedule VKIT.
Texas Eastern states that the ASA Percentages proposed herein are
increased compared to those percentages in Texas Eastern's currently
effective tariff due primarily to the reduction in the annual quantity
of gas available to use as fuel from the Appendix C contracts as
provided in the Settlement which is offset by the decrease in the
projected portion of the Spot Fuel Components. Texas Eastern has
requested waiver of its tariff or any other waivers the Commission may
deem necessary in order to permit Texas Eastern to levelize its ASA
percentages for the eight month period covering the Spring, Summer and
Fall seasons in the interest of rate stability based upon several
requests from its customers.
Texas Eastern states that copies of its filing have been served on
all Firm Customers of Texas Eastern and Interested State Commissions,
as well as all current interruptible shippers and all parties to the
Settlement in Docket No. RP85-177-119, et al.
Any person desiring to be heard or to protest said filing should
file a motion to intervene or protest with the Federal Regulatory
Commission, 888 First Street, N.E., Washington, D.C. 20426, in
accordance with Sections 385.214 and 385.211 of the Commission's rules
and Regulations. All such motions or protests must be filed as provided
in Section 154.210 of the Commission's Regulations. 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 motion to
intervene. Copies of this filing are on a file with the Commission and
are available for public inspection in the Public Reference Room.
Lois D. Cashell,
Secretary.
[FR Doc. 96-28825 Filed 11-8-96; 8:45 am]
BILLING CODE 6717-01-M