[Federal Register Volume 62, Number 217 (Monday, November 10, 1997)]
[Notices]
[Pages 60497-60498]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-29559]


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

DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. RP98-30-000]


Texas Eastern Transmission Corporation; Notice of Proposed 
Changes in FERC Gas Tariff

November 4, 1997.
    Take notice that on October 31, 1997, Texas Eastern Transmission 
Corporation (Texas Eastern) tendered for filing as part of its FERC Gas 
Tariff, Sixth Revised Volume No. 1 and Original Volume No. 2, revised 
tariff sheets listed on Appendix A to the filing to become effective 
December 1, 1997.
    Texas Eastern states that the revised tariff sheets are being filed 
(i) pursuant to Section 15.6, Applicable Shrinkage Adjustment (ASA), 
contained in the General Terms and Conditions of Texas Eastern's FERC 
Gas Tariff, Sixth Revised Volume No. 1, and (ii) pursuant to Texas 
Eastern's Docket No. RP85-177-119, et al., Stipulation and Agreement 
(Settlement) filed January 31, 1994, and approved by Commission order 
issued May 12, 1994.
    Texas Eastern states that it is filing concurrently its Annual PCB-
Related Cost Filing to reflect the PCB-Related Cost rate components to 
be effective for the twelve month period December 1, 1997, through 
November 30, 1998 (PCB Year 8). Texas Eastern states that the combined 
impact on Texas Eastern's rates at December 1, 1997, of this filing in 
combination with the PCB Year 8 Filing for typical long haul service 
under Rate Schedule FT-1 from Access Area Zone East Louisiana to Market 
Zone 3 (ELA-M3) equates to an overall decrease of 0.15 cents as 
follows:

------------------------------------------------------------------------
                                                                100% LF 
                                                              Impact  ($/
                                                                 dth)   
------------------------------------------------------------------------
PCB Year 7 Filing...........................................     0.0015 
ASA & Global Settlement:                                                
  ASA Surcharge.............................................    (0.0117)
  Spot Fuel Component.......................................     0.0090 
  Account 858 Costs.........................................    (0.0003)
                                                             -----------
      Grand total...........................................    (0.0015)
------------------------------------------------------------------------

    Texas Eastern states that the changes proposed to become effective 
beginning December 1, 1997 consist of (1) ASA Percentages designed to 
retain in-kind the projected quantities of gas required for the 
operation of Texas Eastern's system, less quantities projected to be 
purchased from Appendix C contracts under the Settlement, in providing 
service to its customers, (2) the ASA Surcharge designed to recover the 
net monetary value recorded in the Applicable Shrinkage Deferred 
Account as of August 31, 1997, (3) Spot Fuel Components designed to 
recover the Spot Costs, as defined in the Settlement, projected to be 
incurred over the twelve month period beginning December 1, 1997, and 
the balance recorded in the Spot Fuel Deferred Account as of August 31, 
1997, (4) A Fuel Reservation Charge Adjustment designed to recover the 
excess (limited to a maximum rate specified by the Settlement) of the 
August 31, 1997, balance in the Non-Spot Fuel Deferred Account over the 
threshold amount of $20 million specified in Appendix E of the 
Settlement, and (5) an Account No. 858 Costs rate component designed to 
recover the August 31, 1997, balance recorded in the Account No. 858 
Costs Deferred Account which represents the amount necessary to true up 
the actual costs incurred subsequent to the Effective Date of the 
Settlement with actual cost recoveries subsequent to the Effective Date 
of the Settlement, plus applicable carrying costs. Texas Eastern states 
that this filing also constitutes Texas Eastern's report of the annual 
reconciliation of the interruptible revenues under Rate Schedules IT-1, 
PTI and ISS-1 as well as for Rate Schedule LLIT and for Rate Schedule 
VKIT.
    Texas Eastern states that the ASA Percentages proposed herein are 
decreased compared to those percentages in Texas Eastern's currently 
effective tariff. Texas Eastern has requested waiver of its tariff or 
any other waivers the Commission may deem necessary in order to permit 
Texas Eastern to levelize its ASA percentages for the eight month 
period covering the Spring, Summer and Fall seasons in the interest of 
rate stability based upon several requests from its customers.
    Texas Eastern states that copies of its filing have been served on 
all Firm Customers of Texas Eastern and Interested State Commissions, 
as well as all current interruptible shippers and all parties to the 
Settlement in Docket No. RP85-177-119, et al.
    Any person desiring to be heard or to protest said filing should 
file a motion to intervene or protest with the Federal 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

[[Page 60498]]

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. 97-29559 Filed 11-7-97; 8:45 am]
BILLING CODE 6717-01-M