[Federal Register Volume 60, Number 217 (Thursday, November 9, 1995)]
[Notices]
[Pages 56586-56587]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-27763]
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DEPARTMENT OF ENERGY
[Docket No. RP96-34-000]
Texas Eastern Transmission Corporation; Notice of Proposed
Changes in FERC Gas Tariff
November 3, 1995.
Take notice that on October 31, 1995, Texas Eastern Transmission
Corporation (Texas Eastern) tendered for filing as part of its FERC Gas
Tariff, Sixth Revised Volume No. 1, tariff sheets listed on Appendix A
to the filing. The proposed effective date of these revised tariff
sheets is December 1, 1995.
Texas Eastern states that the 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
[[Page 56587]]
issued May 12, 1994. Texas Eastern states that the filing constitutes
Texas Eastern's third regular annual ASA filing under Section 15.6 for
the purpose of reflecting changes in its requirement to retain gas in-
kind in compensation for the quantities of gas used to provide service
for its customers.
Texas Eastern states that the filing also constitutes Texas
Eastern's second annual filing pursuant to the Settlement to (i)
calculate revised reductions to its shrinkage factors to reflect
projected purchases under Appendix C contracts under the Settlement,
(ii) calculate revised Spot Fuel Components as provided in Section 5.08
of the Settlement, (iii) determine a Fuel Reservation Charge Adjustment
rate to become effective December 1, 1995 based upon the balance as of
August 31, 1995 in the non-Spot Fuel Deferred Account as provided in
Section 5.09 of the Settlement, (iv) revise the Account No. 858 Costs
rate component of Texas Eastern's rates as provided in Section 4.04 of
the Settlement, and (v) report the second 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 all of the calculations associated with the changes
proposed in the filing are in accordance with the Settlement and the
methodologies previously approved by Commission orders.
Texas Eastern states that the changes proposed to become effective
beginning December 1, 1995 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 for each seasonal calendar period,
Winter (December 1, 1995-March 31, 1996), Spring Shoulder (April 1,
1996-May 31, 1996), Summer (June 1, 1996-September 30, 1996) and Fall
Shoulder (October 1, 1996-November 30, 1996), (2) the ASA Surcharge
designed to recover the net monetary value recorded in the Applicable
Shrinkage Deferred Account as of August 31, 1995 (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, 1995 and the balance recorded in the Spot Fuel
Deferred Account as of August 31, 1995, (4) a Fuel Reservation Charge
Adjustment designed to recover the excess (limited to a maximum rate)
of the August 31, 1995 balance in the Non-Spot Fuel Deferred Account
over the threshold amount of $30 million specified in Appendix E of the
Settlement, and (5) a revised Account No. 858 Costs rate component
designed to recover the August 31, 1995 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 the average decrease in usage rates due
to the revised ASA Surcharge and the revised Spot Fuel Components is
approximately 3 cents and the average increase in reservation rates due
to the Fuel Reservation Charge Adjustment prescribed by the Settlement
offset by the reduced Account No. 858 Costs is approximately 3 cents on
a 100% load factor basis. Texas Eastern states that the ASA Percentages
proposed in the filing 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. Texas Eastern
states that the increase in shrinkage percentages is offset by the
decreases in Spot Fuel Components.
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. Texas Eastern states that
in accordance with the Settlement, with respect to those elements of
the tariff sheets pursuant to the Settlement, Texas Eastern's filing is
subject to refund or adjustment only to the extent not in compliance
with the Settlement.
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 should be filed on or
before November 13, 1995. 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 file with the Commission and are available for public inspection
in the Public Reference Room.
Lois D. Cashell,
Secretary.
FR Doc. 95-27763 Filed 11-8-95; 8:45 am]
BILLING CODE 6717-01-M
