96-11693. Panhandle Eastern Pipe Line Company; Notice of Proposed Changes in FERC Gas Tariff

[Federal Register Volume 61, Number 92 (Friday, May 10, 1996)]
[Notices]
[Page 21452]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-11693]



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DEPARTMENT OF ENERGY
[Docket No. RP96-224-000]


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

May 6, 1996.
    Take notice that on May 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 
attached to the filing, proposed to be effective June 1, 1996.
    Panhandle states that the purpose of this filing is to provide 
Panhandle's firm shippers under Rate Schedules FT, EFT and LFT with a 
customized reservation rate that will allow them maximum flexibility in 
dealing with market conditions throughout the contract year. The 
Customized Reservation Pattern (CRP) election will allow a firm shipper 
to shift, during each twelve month period commencing November 1, up to 
80% of the reservation charge obligation for the April to October 
period into the preceding November to March period. By permitting a 
shipper to customize its cost-based reservation charges, CRP will raise 
or lower the maximum monthly charge to better reflect conditions in its 
own markets and to the secondary market for capacity release. This will 
further the Commission's goals of allocating capacity to those shippers 
who value it most and permit shippers to contract for services at rates 
which are designed to market gas and services competitively.
    Panhandle states that a copy of this filing are being served on all 
affected customers 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 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 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. 96-11693 Filed 5-9-96; 8:45 am]
BILLING CODE 6717-01-M