[Federal Register Volume 62, Number 63 (Wednesday, April 2, 1997)]
[Notices]
[Page 15672]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-8326]
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DEPARTMENT OF ENERGY
[Docket No. RP97-297-000]
Florida Gas Transmission Company; Notice of Transition Cost
Recovery Report
March 27, 1997.
Take notice that on March 24, 1997, Florida Gas Transmission
Company (FGT) tendered for filing a Transition Cost Recovery Report.
FGT states that Section 24 of the General Terms and Conditions of
its FERC Gas Tariff, Third Revised Volume No. 1, sets forth the
mechanisms by which FGT is permitted collection of recoverable
transition costs. Section 24.B.4 requires the submission of a
semiannual report each May 1 and November 1 summarizing the activity
which has occurred in FGT's TCR Account and Order 636 Account.
FGT states that on November 1, 1996, in Docket No. RP96-56-000, it
filed a transition cost recovery report for the period ended October
31, 1996. Since October 31, 1996, FGT has incurred additional
settlement payments of $1,750,000.00 and $12,159.49, recoverable under
FGT's TCR mechanism and Order No. 636 mechanism, respectively. At this
time, FGT does not anticipate that any further production and/or gas
supply settlement payments will be required.
Therefore, FGT respectfully requests waiver of any provisions of
its tariff as may be required to file the ``out-of-cycle'' report
submitted herein, in lieu of the semiannual report due May 1, 1997.
FGT states that the instant filing summarizes the actual activity
that has occurred in FGT's TCR Account and Order 636 Account through
February 28, 1997. Actual throughput and recoveries for the months of
March and April, 1997 are not known at this time and estimates have
been reflected herein for informational purposes. The report attached
hereto indicates FGT's Order 636 Account balance will be fully
recovered during April, 1997. Accordingly, FGT is filing concurrently
herewith to suspend its TCR and 636 Reservation Charges and TCR Usage
Surcharge effective May 1, 1997.
FGT further states it will make a supplemental filing no later than
June 15, 1997 to reflect actual throughput and recoveries for the
months of March and April, 1997 and to set forth its proposal to refund
any overcollections that may occur during April, 1997.
FGT states that copies of the report were mailed to all customers
serviced under the rate schedules affected by the report and the
interested state commission.
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, 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 April 2, 1997. 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. 97-8326 Filed 4-1-97; 8:45 am]
BILLING CODE 6717-01-M
