[Federal Register Volume 62, Number 236 (Tuesday, December 9, 1997)]
[Notices]
[Page 64821]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-32138]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. RP98-75-000]


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

December 3, 1997.
    Take notice that on December 1, 1997, 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 to 
the filing, to become effective January 1, 1998.
    Panhandle states that it has not completed the recovery of the 
Miscellaneous Stranded Costs as of September 30, 1997 and accordingly 
this filing implements a Miscellaneous Stranded Cost Reservation 
Surcharge of $0.01 per Dt. applicable to Rate Schedules FT, EFT, and 
LFT, a Miscellaneous Stranded Cost Reservation Surcharge of 0.06 cents 
per Dt. applicable to Rate Schedule SCT and a Miscellaneous Stranded 
Cost Volumetric Surcharge of 0.8 cents per Dt. applicable to Rate 
Schedules IT and EIT to be in effect during the twelve month Section 
18.14 Reconciliation Recovery Period. Panhandle proposes a January 1, 
1998 effective date.
    Panhandle further states that the derivation of the Miscellaneous 
Stranded Cost Reservation Surcharge applicable to Rate Schedules FT, 
EFT, LFT and SCT results in a rate that is less than $0.01 per Dt. and 
thus, would result in a zero rate for the Miscellaneous Stranded Cost 
Reservation Surcharge and the underrecovery of the remaining 
Miscellaneous Stranded Costs. Accordingly, Panhandle proposes to 
implement a Miscellaneous Stranded Cost Reservation Surcharge of $0.01 
per Dt. applicable to Rate Schedules FT, EFT and LFT and a 0.06 cents 
Miscellaneous Stranded Cost Reservation Surcharge applicable to Rate 
Schedule SCT to recover the remaining unrecovered balance. As soon as 
practicable after the amounts surcharged equal or exceed the 
unrecovered balance, Panhandle will suspend further application of the 
surcharge, file a final reconciliation report and provide invoice 
credits, with applicable carrying charges for any excess collections.
    Panhandle states that copies of this filing are being served on all 
affected customers and applicable state regulatory agencies.
    Any person desiring to be heard or to protest this filing should 
file a motion to intervene or protest with the Federal Energy 
Regulatory Commission, 888 First Street, NE., Washington, DC 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 in 
accordance with 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. 97-32138 Filed 12-8-97; 8:45 am]
BILLING CODE 6717-01-M