[Federal Register Volume 65, Number 142 (Monday, July 24, 2000)]
[Notices]
[Page 45591]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 00-18621]


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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. CP98-134-004]


Vector Pipeline L.P.; Notice of Application

July 19, 2000.
    Take notice that on June 27, 2000, Vector Pipeline L.P. (Vector), 
filed in Docket No. CP98-134-004 an application pursuant to Section 
7(c) of the Natural Gas Act and the Commission's Regulations, 18 CFR 
part 157, subpart E, to amend its certificate to change its initial 
recourse rates.
    Vector requests that the Commission amend its Certificate to revise 
the level of the recourse rate, set in the Preliminary Determination 
(PD) for the first year at $0.267 per Dth, downward to $0.248 per Dth, 
to reflect: (A) the following changes to the initial ratemaking 
methodology and Cost-of-service components: (1) Adjusting Vector's rate 
base to update the 1997 capital cost estimate to reflect actual costs 
already incurred or under contract and more accurate estimates, with a 
corresponding revision of AFUDC; (2) updating Vector's projected cost 
of debt, to reflect Vector's present contractual base and credit 
position, as projected by Vector's financial advisor; and (3) changing 
the depreciation method from straight-line to that already used in 
Vector's levelized negotiated rate, specifically the reverse sum-of-
the-years digit method; and (B) adjusting the form of its initial rate 
structure by instituting (1) cast allocation to IT and other services 
and (2) zone rates as follows:

Zone 1 (to MP43 ) $0.346 per Dth
Zone 2 (to MP333) $0.2556 per Dth

    Any questions regarding the application should be directed to Juri 
Otsason, President, at (416) 753-7303, Vector Pipeline L.P., 500 
Consumers Rd. Toronto, Ontario M2J1P8.
    Any person desiring to protest said filing should file a protest 
with the Federal Energy Regulatory Commission, 888 First Street, NE., 
Washington, DC 20426, in accordance with Section 385.211 of the 
Commission's Rules and Regulations. All such protests must be filed on 
or before July 26, 2000. 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. Copies of this filing 
are on file with the Commission and are available for public inspection 
in the Public Reference Room. This filing may be viewed on the web at 
http://www.ferc.fed.us/online/rims.htm (call 202-208-2222 for 
assistance).
    Take further notice that, pursuant to the authority contained in 
and subject to the jurisdiction conferred upon the Federal Energy 
Regulatory Commission by Sections 7 and 15 of the Natural Gas Act and 
the Commission's Rules of Practice and Procedure, a hearing will be 
held without further notice before the Commission or its designee on 
this application if no motion to intervene is filed within the time 
required herein, if the Commission on its own review of the matter 
finds that a grant of the certificate is required by the public 
convenience and necessity. If a motion for leave to intervene is timely 
filed, or if the Commission on its own motion believes that a formal 
hearing is required, further notice of such hearing will be duly given.
    Under the procedure herein provided for, unless otherwise advised, 
it will be unnecessary for Vector to appear or be represented at the 
hearing.

David P. Boergers,
Secretary.
[FR Doc. 00-18621 Filed 7-21-00; 8:45 am]
BILLING CODE 6717-01-M