[Federal Register Volume 62, Number 139 (Monday, July 21, 1997)]
[Notices]
[Page 38985]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-19053]


=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. RP95-408-021]


Columbia Gas Transmission Corp.; Notice of Refund Report

July 15, 1997.
    Take notice that on June 30, 1997, Columbia Gas Transmission 
Corporation (Columbia) tendered for filing with the Federal Energy 
Regulatory Commission (Commission) its Refund Report made to comply 
with the November 22, 1996, Offer of Settlement in Docket No. RP95-408 
et al. as approved by the Commission on April 17, 1997.
    On June 2, 1997, Columbia made refunds in the amount of 
$63,515,406.14 as a result of the settlement in Docket No. RP95-408, et 
al., approved by the Commission on April 17, 1997. On November 22, 
1996, Columbia submitted to the Commission an Offer of settlement in 
Docket Nos. RP95-408-000, RP96-149-000, CP96-118-000, CP96-213-000, 
CP96-668-000, CP96-385-000, and CP96-121-000. The Offer of Settlement 
represented an integrated and complete resolution of issues in these 
dockets, except for the environmental issues reserved for hearing in 
Phase II and a single rate design issue concerning the straight-fixed-
variable (SFV) rate design underlying Columbia's rates. Stipulation I 
of the Settlement resolves all issues regarding zone or distance-
sensitive rates. Stipulation II of the Settlement resolves issues 
related to rates and refunds, overall system costs, the sale of 
gathering and products extraction facilities and the unbundling of 
gathering and products extraction costs, and the disposition of 
proceeds from sales of base gas.
    The refunds made on June 2, 1997 include: (1) Refunds due under 
Article I, Section D of Stipulation I for the period November 1, 1996 
through April 30, 1997, including interest through June 1, 1997; (2) 
Refunds due under Article I, Section E of Stipulation II for the 
difference between the Collection Rates in Appendix D and the 
Settlement Rates in Appendix E of the Settlement for the period 
February 1, 1996 through January 31, 1997, including interest through 
June 1, 1997; and (3) Refunds due under Article III, Section G of 
Stipulation II representing a lump sum payment for the time value of 
money associated with the deferred taxes applicable to the facilities 
to be sold to Columbia Natural Resources pursuant to Article II, 
Section D(1) of Stipulation II.
    Any person desiring to protest said filing should file a protest 
with the Federal Energy Regulatory Commission, Office of the Secretary, 
888 First Street NE., Washington, DC 20424, in accordance with Sections 
385.214 and 385.211 of the Commission's Rules and Regulations. All such 
protests should be filed on or before July 22, 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. 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. 97-19053 Filed 7-18-97; 8:45 am]
BILLING CODE 6717-01-M