Utility storage definition
Utility storage means storage facilities operated and maintained by a gas or natural gas company, or by a subsidiary or affiliate of a gas or natural gas company, unless the charges for such facilities are incorporated in commodity rates or monthly demand charges filed with or approved by the federal energy regulatory commission or by the commission, provided, however, that no gas or natural
Utility storage means the nomination point for Gas that has been delivered into the Utility’s storage system.
Examples of Utility storage in a sentence
You by this Agreement also appoint us as your limited agent so that we may from time to time take the actions that are necessary to provide you with service under this Agreement and any Supply Services, including, without limitation, all rights to inject Gas into and withdraw Gas from your Utility storage and/or volume banking account(s), if applicable and available.