[Federal Register Volume 59, Number 67 (Thursday, April 7, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-8308]
[[Page Unknown]]
[Federal Register: April 7, 1994]
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DEPARTMENT OF ENERGY
[Docket No. RP94-192-000]
Texas Eastern Transmission Corp., Proposed Changes in FERC Gas
Tariff
April 1, 1994.
Take notice that on March 30, 1994, Texas Eastern Transmission
Corporation (Texas Eastern) filed a limited application pursuant to
section 4 of the Natural Gas Act, 15 U.S.C. 717c (1988), and the Rules
and Regulations of the Federal Energy Regulatory Commission
(Commission) promulgated thereunder to recover stranded Account No. 858
costs (Stranded Costs) incurred as a consequence of Texas Eastern's
implementation of Order No. 636.
Texas Eastern states that it is filing to recover Stranded Costs
pursuant to section 15.2(D) of the General Terms and Conditions of
Texas Eastern's FERC Gas Tariff, Sixth Revised Volume 1.
Original Sheet No. 182
Original Sheet No. 183
Original Sheet No. 184
Original Sheet No. 185
Sheet Nos. 186-199
The proposed effective date of these tariff sheets is May 1, 1994.
Texas Eastern states that by this filing it seeks to recover known
and measurable Stranded Costs totalling $2,649,696.51 incurred from
December 1, 1993 through February 28, 1994. Interest of $32,597.28 at
the current FERC annual rate of 6.00%, net of deferred income tax
impact, is included for the carrying charges from the date of payment
of the costs to the projected date of payment by the Customers.
Texas Eastern states that Stranded Costs shall be allocated to
Texas Eastern's Customers under Rate Schedules CDS, FT-1, and SCT in
accordance with the methodology specified in section 15.2(D) of the
General Terms and Conditions. At each customer's individual option,
payment of these Stranded Costs amounts may be amortized over as much
as a twelve month period with carrying charges calculated on amounts
uncollected, net of deferred taxes, pursuant to Sec. 154.305 of the
Commission's Regulations.
Texas Eastern states that if the commission approves without
unacceptable modification or condition the global Settlement filed by
Texas Eastern on January 31, 1994, in Docket Nos. RP85-177-119, et al.,
which covers, inter alia, recovery of stranded costs, this instant
proceeding would be resolved, except with respect to Protesting Parties
as defined in the Settlement. Accordingly, Texas Eastern requests that
the Commission not establish any proceedings in the instant docket
prior to acting on Texas Eastern's global Settlement.
Texas Eastern states that copies of its filing have been served on
all firm customers of Texas Eastern and applicable state regulatory
agencies.
Any person desiring to be heard or to protest said filing should
file a motion to intervene or protest with the Federal 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
April 8, 1994. Protests will be considered to 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 a file with the Commission and are available for public
inspection in the public reference room.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 94-8308 Filed 4-6-94; 8:45 am]
BILLING CODE 6717-01-M
