[Federal Register Volume 61, Number 48 (Monday, March 11, 1996)]
[Notices]
[Page 9691]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-4634]
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DEPARTMENT OF ENERGY
[Docket No. RP96-166-000]
Panhandle Eastern Pipe Line Company; Notice of Proposed Changes
in FERC Gas Tariff
March 5, 1996.
Take notice that on March 1, 1996, Panhandle Eastern Pipe Line
Company (Panhandle) tendered for filing as part of its FERC Gas Tariff,
First Revised Volume No. 1, the tariff sheets listed on Appendix A to
the filing, to become effective April 1, 1996.
Panhandle states that this filing removes from Panhandle's
currently effective rates the Additional Take-or-Pay Volumetric
Surcharge established by Section 18.10 of the General Terms and
Conditions of Panhandle's tariff which was the subject of Panhandle's
filing in Docket No. RP94-153-000. The current volumetric surcharge and
the provisions of Section 18.10 were established in a Stipulation and
Agreement (Settlement) dated July 19, 1994 which the Commission
approved in orders dated September 22, 1994, 68 FERC para. 61,353
(1994), and December 22, 1994, 69 FERC para. 61,383 (1994). Section
18.10(b)(4) provides for an initial Recovery Period which commenced on
April 1, 1994 and will terminate on March 31, 1996. Accordingly,
Panhandle is now proposing to remove 0.19 cents from the current
1.19 cents TOP Volumetric Surcharge, thus reducing the surcharge to
1.00 cents.
Panhandle further states that Section 18.10 (g) of the General
Terms and Conditions provides for a Reconciliation Recovery Period if
it is determined that Panhandle has not fully recovered the Additional
Take-or-Pay Settlement Costs at the conclusion of the initial 24-month
recovery period. A Volumetric Surcharge is to be re-established during
the Reconciliation Recovery Period to recover any such deficiency.
Currently, Panhandle projects that an unrecovered balance will exist at
March 31, 1996. Accordingly, pursuant to Section 18.10 (b)(4) of the
General Terms and Conditions of Panhandle's tariff, Panhandle expects
to file on or before May 1, 1996, supporting workpapers and tariff
sheets to implement a new surcharge to be effective June 1, 1996 for
the twelve month Reconciliation Recovery Period.
Panhandle states that in accordance with Section 154.2(d) of the
Commission's regulations a copy of this filing. In addition, copies of
this filing are being served on all affected customers and applicable
state regulatory agencies.
Any person desiring to be heard or to protest this filing should
file a motion to intervene or protest with the Federal Energy
Regulatory Commission, 888 First Street, N.E., Washington, DC 20426, in
accordance with 18 CFR 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 file with the Commission and
are available for public inspection in the Public Reference Room.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 96-4634 Filed 3-8-96; 8:45 am]
BILLING CODE 6717-01-M
