[Federal Register Volume 63, Number 208 (Wednesday, October 28, 1998)]
[Notices]
[Pages 57674-57675]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-28796]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission
[Docket No. RP99-93-000]


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

October 22, 1998.
    Take notice that on October 19, 1998, 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, 1998.
    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 has recently filed its Annual PCB-
Related Cost Filing to reflect the PCB-Related Cost rate components to 
be effective for the twelve month period December 1, 1998 through 
November 30, 1999 (PCB Year 9). Texas Eastern states that the combined 
impact on Texas Eastern's rates at December 1, 1998 of this filing in 
combination with the PCB Year 9 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 increase of 0.85 cents as 
follows:

[[Page 57675]]



------------------------------------------------------------------------
                                                          100% LF Impact
                       Rate impact                            ($/dth)
------------------------------------------------------------------------
PCB Year 7 Filing.......................................       ($0.0007)
ASA and Global Settlement:
    ASA Surcharge.......................................         0.0063
    Spot Fuel Component.................................        (0.0281)
    Account 858 Costs...................................         0.0004
Total Rate Impact.......................................        (0.0221)
Fuel Retention Impact: Annual Avg. ASA Percentage
 Increase--1.34%
Rate Equivalent at P.I.R.A. projected price of $2.28/dth         0.0306
Net Impact..............................................         0.0085
------------------------------------------------------------------------

    Texas Eastern states that the filing reflects a significant change 
from previous ASA and Global Settlement filings because since the time 
of the last filing Texas Eastern has reached separate agreements on 
buyouts of its obligations under each of the three contracts listed on 
Appendix C of the Settlement (``Appendix C Contracts'') for the 
purchase of gas from South Pass 89. Texas Eastern states that as a 
result of the settlement of the Appendix C Contracts, Texas Eastern no 
longer purchases gas under the Appendix C Contracts, and accordingly it 
will no longer collect the Spot Cost of such purchases in rates and 
reduce its ASA shrinkage factors by the quantity of gas purchased and 
used as fuel under the Appendix C Contracts.
    Texas Eastern states that the changes proposed to become effective 
beginning December 1, 1998 consist of: (1) ASA Percentages designed to 
retain in-kind the projected quantities of gas required for the 
operation of Texas Eastern's system in providing service to its 
customers, without reduction for quantities projected to be purchased 
from Appendix C Contracts under the Settlement; (2) the ASA Surcharge 
designed to recover the net monetary value recorded in the Applicable 
Shrinkage Deferred Account as of August 31, 1998, as reduced by the 
transfer of the credit balances in the Spot Fuel Deferred Account and 
the Account No. 858 Cost Deferred Account; (3) the removal of the Spot 
Fuel Components from Texas Eastern's rates due to the termination of 
all Spot Costs, as defined in the Settlement, and the transfer of the 
balance in the Spot Fuel Deferred Account to the ASA; (4) A Fuel 
Reservation Charge Adjustment designed to recover the excess (limited 
to a maximum rate specified by the Settlement) of the August 31, 1998 
balance in the Non-Spot Fuel Deferred Account over the threshold amount 
of $15 million specified in Appendix E of the Settlement; and (5) the 
elimination of the Account No. 858 Costs rate components due to the 
termination of all Account No. 858 Costs and the transfer of the 
Account No. 858 Costs Deferred Account balance to the ASA. Texas 
Eastern states that this filing also constitutes Texas Eastern's report 
of the annual reconciliation of the interruptible revenues under Rate 
Schedules IT-I, PTI and ISS-I, as well as for Rate Schedule LLIT and 
for Rate Schedule VKIT.
    Texas Eastern states that copies of its filing have been mailed to 
all affected customers of Texas Eastern and interested state 
commissions, as well as 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 
life a motion to intervene or a protest with the Federal Energy 
Regulatory Commission, 888 First Street, N.E., Washington, DC 20426, in 
accordance with Sections 385.214 or 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 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.
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 98-28796 Filed 10-27-98; 8:45 am]
BILLING CODE 6717-01-M