Interim Rates. Should approved rates not be in place for Gas Transmission and Storage (GT&S) services by January 1, 2011, pursuant to a Commission order in this next rate case, the interim transmission and storage rates will equal the rates in effect on December 31, 2010, plus a two (2) percent escalator for Local Transmission rates and other adjustments authorized by this Settlement. Rates for Backbone, Storage and Customer Access Charge will remain the same, except as otherwise provided in this Settlement. G-XF rates will continue to be calculated based on Line 401 incremental costs. Such Interim Rates will remain in effect until the Commission otherwise approves rates for the remainder of 2011.
Appears in 2 contracts
Sources: Settlement Agreement, Gas Accord Iv Settlement Agreement