[Federal Register Volume 59, Number 47 (Thursday, March 10, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-5513]
[[Page Unknown]]
[Federal Register: March 10, 1994]
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DEPARTMENT OF ENERGY
[Docket Nos. RP94-167-000 and TM94-4-33-000]
El Paso Natural Gas Co.; Tariff Filing
March 4, 1994.
Take notice that on March 1, 1994, El Paso Natural Gas Company (El
Paso) tendered for filing, pursuant to part 154 of the Federal Energy
Regulatory Commission's (Commission) Regulations Under the Natural Gas
Act and in accordance with sections 22 and 21, Take-or-Pay Buyout and
Buydown Cost Recovery, of its First Revised Volume No. 1-A and Second
Revised Volume No. 1 FERC Gas Tariff, respectively, tariff sheets which
reflect (i) an updated Monthly Direct Charge and Throughout Surcharge
to reflect additional principal dollars to be amortized based upon
recently paid buyout and buydown costs associated with contracts that
were in litigation or arbitration as of March 31, 1989, which have not
been included in any of El Paso's previous filings to the Monthly
Direct Charge and Throughput Surcharge for interest which includes the
additional dollars to be amortized set forth therein.
El Paso states that it proposed to amortize the direct bill portion
(25%) of the additional take-or-pay amount included in its instant
filing over a twelve month direct bill amortization period extending
through March 31, 1995. El Paso proposed that the throughput surcharge
attributable to the recovery of the amount in the instant filing be
amortized over a period commencing April 1, 1994 through March 31, 1996
which is consistent with El Paso's authorization at Docket No. RP92-
115-000 to consolidate the amortization periods for the volumetric
surcharge from each previous take-or-pay filing into a single
amortization period terminating March 31, 1996. El Paso states that the
Throughput Surcharge has decreased $0.0001 per dth, from $0.0372 per
dth to $0.0371 per dth.
El Paso states that Secs. 21.4(d)(iii) and 21.5(c)(iii) contained
in its Second Revised Volume No. 1 Tariff provide for adjustments to El
Paso's Monthly Direct Charge and Throughput Surcharge for interest
calculated on the unrecovered balance of El Paso's buyout and buydown
costs. El Paso states that no adjustment for differences between
calculation of the actual and estimated interest rate was necessary for
the period August 1, 1993 through January 31, 1994 since the rates were
the same.
El Paso requested that the Commission accept the tendered tariff
sheets for filing and permit them to become effective April 1, 1994,
which is not less than thirty (30) days following the date of the
filing.
El Paso states that copies of the filing were served upon all
customers of El Paso subject to Sections 22 and 21 of El Paso's Volume
Nos. 1-A and 1 FERC Gas Tariff, respectively, and interested state
regulatory commissions.
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 Capitol Street, NE., Washington, DC
20426, in accordance with Secs. 385.214 and 385.211 of the Commission's
Rules and Regulations. All such motions or protests should be filed on
or before March 11, 1994. 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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 94-5513 Filed 3-9-94; 8:45 am]
BILLING CODE 6717-01-M
