95-8677. Panhandle Eastern Pipe Line Co.; Notice of Proposed Changes in FERC Gas Tariff

[Federal Register Volume 60, Number 68 (Monday, April 10, 1995)]
[Notices]
[Page 18095]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-8677]



-----------------------------------------------------------------------

DEPARTMENT OF ENERGY
[Docket No. TM95-4-28-000]


Panhandle Eastern Pipe Line Co.; Notice of Proposed Changes in 
FERC Gas Tariff

April 4, 1995.
    Take notice that on March 31, 1995, Panhandle Eastern Pipe Line 
Company (Panhandle) tendered for filing as part of its FERC Gas Tariff, 
First Revised Volume No. 1, the revised tariff sheets listed on 
Appendix A to the filing.
    The proposed effective date of these revised tariff sheets in May 
1, 1995.
    Panhandle states that this filing is made in accordance with 
Section 25 (Flow Through Of Cash-Out Revenues In Excess Of Costs And 
Scheduling Charges Assessed Against Affiliates) of the General Terms 
and Conditions of Panhandle's FERC Gas Tariff, First Revised Volume No. 
1.
    Panhandle states that the revised tariff sheets listed on Appendix 
A to the filing reflect the removal of (1) the existing $.01 reduction 
to Panhandle's currently effective maximum Reservation Rates under Rate 
Schedules FT and EFT; (2) the existing .06 cents reduction to 
Panhandle's currently effective maximum Base Rate per Dt. under Rate 
Schedule SCT; and (3) the existing .03 cents reduction to Panhandle's 
currently effective maximum Base Rate per Dt. under Rate Schedules IT 
and EIT.
    Panhandle states that the removal of the currently effective 
Section 25 adjustment from the Reservation and Commodity rates is 
supported by the workpapers contained in Panhandle's filing which show 
that, pursuant to Section 25(e) of the General Terms and Conditions, 
the level of cash-out revenues in excess of costs and scheduling 
charges assessed against affiliates for the twelve months ended January 
31, 1995 were not of a sufficient magnitude to result in a reservation 
charge credit of at least one cent or a commodity charge credit of at 
least .01 cents.
    Accordingly, Panhandle states that there will be no Section 25 
adjustment in effect for the period May 1, 1995 through April 30, 1996. 
In accordance with Section 25(f) of the General Terms and Conditions 
the net revenues for the 12 months ended January 31, 1995 will be 
carried over to be added to and considered with the net revenues in 
Panhandle's next filing made pursuant to Section 25 of the General 
Terms and Conditions.
    Panhandle states that copies of this filing have been served on all 
customers subject to the tariff sheets and applicable state regulatory 
agencies.
    Any person desiring to be heard or to protest this filing should 
file a motion to intervene or a protest with the Federal Energy 
Regulatory Commission, 825 North Capitol Street NE., Washington, D.C. 
20426, in accordance with Sec. 385.214 and 385.211 of the Commission's 
Rules and Regulations. All such motions or protests must be filed on or 
before April 11, 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. 95-8677 Filed 4-7-95; 8:45 am]
BILLING CODE 6717-01-M