95-501. Florida Gas Transmission Company; Notice of Compliance Filing

[Federal Register Volume 60, Number 6 (Tuesday, January 10, 1995)]
[Notices]
[Pages 2580-2581]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-501]



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DEPARTMENT OF ENERGY
[Docket No. RP95-105-000]


Florida Gas Transmission Company; Notice of Compliance Filing

January 4, 1995.
    Take notice that on December 30, 1994 Florida Gas Transmission 
Company (FGT) tendered for filing schedules detailing certain 
information related to the Cash-Out mechanism provided for in Section 
14 of the General Terms and Conditions (GTC) of its FERC Gas Tariff, 
Third Revised Volume No. 1. No tariff changes are proposed therein.
    FGT states that on November 1, 1993 FGT implemented services under 
its FERC Gas Tariff, Third Revised Volume No. 1 pursuant to Order No. 
636 and the Settlements entered into by FGT and its customers in 
resolution of FGT's restructuring proceedings in Docket Nos. RS92-16-
000, et al. Section 14 provides for the resolution of differences 
between quantities of gas scheduled and physically received and/or 
delivered each month. Section 14 provides that the elimination of any 
monthly imbalances not resolved through the Book-Out provisions will be 
by cash settlement (Cash-Out).
    FGT states that the Cash-Out provisions of Section 14 provide that 
different imbalance factors and price index will be used to value 
imbalances due FGT than the imbalance factors and price index used to 
value imbalances due the imbalance parties. FGT states that the purpose 
of the weighted valuation method was to encourage shipper adherence to 
scheduled quantities to maintain the integrity of FGT's system, which 
has no storage facilities to accommodate imbalances.
    The Commission in the September 17, 1993 Order required FGT to file 
a report with its next rate case reflecting its experience with the 
Cash-Out program and to credit to its shippers all revenues derived 
from Cash-Outs which exceed the actual cost to FGT to maintain a 
[[Page 2581]] reasonable system balance. FGT states that these 
provisions were included to ensure that any potential benefit resulting 
from the price differential in the St. Helena index used to value 
imbalances due FGT and the Tivoli index used to value imbalances due 
imbalance parties was properly accounted for. These requirements are 
also reflected in Sections 14.B.7. and 8. of the GTC of FGT's Tariff.
    FGT states that the instant filing is made in compliance with the 
Commission's September 17 Order and the provisions of FGT's Section 14 
of the GTC of FGT's Tariff.
    Any person desiring to be heard or to protest said filing should 
file a Motion to Intervene or Protest with the Federal Energy 
Regulatory Commission, 825 North Capital 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 should 
be filed on or before January 11, 1995. Protests will be considered by 
the Commission in determining the appropriate actions to be taken, but 
will not serve to make protestants parties to the proceedings. 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 inspections.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 95-501 Filed 1-9-95; 8:45 am]
BILLING CODE 6717-01-M