[Federal Register Volume 66, Number 238 (Tuesday, December 11, 2001)]
[Notices]
[Page 64029]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 01-30572]



[[Page 64029]]

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DEPARTMENT OF ENERGY

Federal Energy Regulatory Commission

[Docket No. RP02-82-000]


Florida Gas Transmission Company; Notice of Proposed Changes in 
FERC Gas Tariff

December 5, 2001.
    Take notice that on November 30, 2001, Florida Gas Transmission 
Company (FGT) tendered for filing to become part of its FERC Gas 
Tariff, Third Revised Volume No. 1, the following tariff sheets, with 
an effective date of January 1, 2002:

Fifth Revised Sheet No. 131
Third Revised Sheet No. 133
Fifth Revised Sheet No. 184B
First Revised Sheet No. 184B.01
Second Revised Sheet No. 184C

    FGT states that the cash-out pricing provisions of its Tariff have 
ceased to discourage imbalances and, during periods of price 
volatility, actually encourage or reward imbalances. FGT states that 
during the cash-out Settlement Period 9, FGT experienced an 
underrecovery in its cash-out mechanism of $5,377,712 and an overall 
underrecovery of its system balancing costs and revenues of $7,140,225.
    FGT states that it is filing changes to its cash-out provisions to 
base its imbalance settlement prices on an arithmetic average of Gas 
Daily daily prices from the sixth day of the applicable month to the 
fifth day of the following month in order to reduce a bias to first of 
the month pricing and create uncertainty as to the prices to be paid or 
received by imbalance parties for month-end imbalances. In addition, 
FGT is proposing an interest component to be applied to cumulative 
monthly imbalances beginning with the cumulative net balance at the end 
of Settlement Period 9 ended September 30, 2001.
    Finally, FGT states that it is filing to make certain clarifying 
changes to Section 19.1 of the General Terms and Conditions of its 
Tariff to reflect the methodology and format used by FGT in preparation 
of the Annual Report of system balancing activities. FGT states that 
the clarifications will result in no changes to the preparation of the 
Annual Report, but rather conform the tariff mechanics to the 
methodology and format historically used by FGT.
    Any person desiring to be heard or to protest said filing should 
file a motion to intervene or a protest with the Federal Energy 
Regulatory Commission, 888 First Street, NE., 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. This filing may 
also be viewed on the web at http://www.ferc.gov using the ``RIMS'' 
link, select ``Docket#'' and follow the instructions (call 202-208-2222 
for assistance). Comments, protests and interventions may be filed 
electronically via the Internet in lieu of paper. See, 18 CFR 
385.2001(a)(1)(iii) and the instructions on the Commission's web site 
under the ``e-Filing'' link.

      
Linwood A. Watson, Jr.,
Acting Secretary.
[FR Doc. 01-30572 Filed 12-10-01; 8:45 am]
BILLING CODE 6717-01-P