[Federal Register Volume 63, Number 109 (Monday, June 8, 1998)]
[Notices]
[Pages 31206-31207]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-15093]
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DEPARTMENT OF ENERGY
Federal Energy Regulatory Commission
[Docket No. TM98-9-23-000]
Eastern Shore Natural Gas Company; Notice of Proposed Changes in
FERC Gas Tariff
June 2, 1998.
Take notice that on May 29, 1998, Eastern Shore Natural Gas Company
(Eastern Shore) tendered for filing as part of its FERC Gas Tariff,
Second Revised Volume No. 1, the following revised tariff sheets, with
a proposed effective date of July 1, 1998:
First Revised Sheet No. 4
First Revised Sheet No. 5
First Revised Sheet No. 6
Eastern Shore states that it submitted this filing pursuant to the
provisions of Section 31, Fuel Retention Adjustment, of the General
Terms and Conditions (GT & C) of its Tariff. First Revised Sheet Nos.
4, 5, and 6, respectively, set forth Eastern Shore's Fuel Retention
Percentage (FRP), as revised by this filing and proposed to be
effective July 1, 1998. Eastern Shore states that Section 31 of the GT
& C permits Eastern Shore to file with the Commission revised tariff
sheets containing a re-determined FRP for the affected transportation
rate schedules. Such FRP is designed to reimburse Eastern Shore for the
cost of its Gas Required for Operations (GRO) which consists of (a) gas
used for compressor fuel and (b) gas otherwise used, lost or
unaccounted for, in its operations. Eastern Shore's states that its new
FRP is .30% and was determined by computing the GRO quantities
attributable to system wide operations for the affected transportation
rate schedules using the twelve (12) month period ending April, 1998
and then dividing such result by the transportation quantities received
by Eastern Shore for the corresponding twelve (12) month period.
Eastern Shore further states that Section 31 also requires Eastern
Shore to determine for each month the difference, positive or negative,
between (a) total GRO quantities actually
[[Page 31207]]
incurred and (b) the total quantities retained from all Buyers for
transportation service in accordance with the applicable FRP. For every
such month the foregoing difference is multiplied by the applicable
monthly GRO Index Price. The resulting product is recorded in a
Deferred GRO Account and interest is computed on the balance in the
manner prescribed in Section 154.305(h) of the Commission's
regulations. The actual Deferred GRO Account balance at the end of each
twelve (12) month period ending March 31 is incorporated in Eastern
Shore's Refund of ``Cash Out'' Revenues in Excess of Costs as contained
in Section 35 of the GT & C of Eastern Shore's Tariff.
Lastly, Eastern Shore states that copies of its filing is available
for inspection at its office at 417 Bank Lane, Dover, Delaware; and has
been mailed to all firm customers, interruptible customers, and
affected state commissions.
Any person desiring to be heard or to protest this filing should
file a motion to intervene or a 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 proceedings. 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.
David P. Boergers,
Acting Secretary.
[FR Doc. 98-15093 Filed 6-5-98; 8:45 am]
BILLING CODE 6717-01-M