[Federal Register Volume 62, Number 217 (Monday, November 10, 1997)]
[Notices]
[Pages 60497-60498]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29559]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. RP98-30-000]
Texas Eastern Transmission Corporation; Notice of Proposed
Changes in FERC Gas Tariff
November 4, 1997.
Take notice that on October 31, 1997, 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, 1997.
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's 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, 1997, through
November 30, 1998 (PCB Year 8). Texas Eastern states that the combined
impact on Texas Eastern's rates at December 1, 1997, of this filing in
combination with the PCB Year 8 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 0.15 cents as
follows:
------------------------------------------------------------------------
100% LF
Impact ($/
dth)
------------------------------------------------------------------------
PCB Year 7 Filing........................................... 0.0015
ASA & Global Settlement:
ASA Surcharge............................................. (0.0117)
Spot Fuel Component....................................... 0.0090
Account 858 Costs......................................... (0.0003)
-----------
Grand total........................................... (0.0015)
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Texas Eastern states that the changes proposed to become effective
beginning December 1, 1997 consist of (1) 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, 1997, (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, 1997, and
the balance recorded in the Spot Fuel Deferred Account as of August 31,
1997, (4) A Fuel Reservation Charge Adjustment designed to recover the
excess (limited to a maximum rate specified by the Settlement) of the
August 31, 1997, balance in the Non-Spot Fuel Deferred Account over the
threshold amount of $20 million specified in Appendix E of the
Settlement, and (5) an Account No. 858 Costs rate component designed to
recover the August 31, 1997, 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,
PTI and ISS-1 as well as for Rate Schedule LLIT and for Rate Schedule
VKIT.
Texas Eastern states that the ASA Percentages proposed herein are
decreased compared to those percentages in Texas Eastern's currently
effective tariff. 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
[[Page 60498]]
the proceeding. Any person wishing to become a party must file a motion
to intervene. Copies of this filing are on file with the Commission and
are available for public inspection in the Public Reference Room.
Lois D. Cashell,
Secretary.
[FR Doc. 97-29559 Filed 11-7-97; 8:45 am]
BILLING CODE 6717-01-M