My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
2001-047-ORD AFTER REASONABLE NOTICE AND HEARING, TXU GAS DISTRIBUTION'S RATES AND CHARGES WITH COP SHOULD BE CHANGED
City-of-Paris
>
City Clerk
>
Ordinances
>
1889-2010
>
2001
>
2001-047-ORD AFTER REASONABLE NOTICE AND HEARING, TXU GAS DISTRIBUTION'S RATES AND CHARGES WITH COP SHOULD BE CHANGED
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
8/18/2006 4:36:50 PM
Creation date
9/6/2001 3:32:24 PM
Metadata
Fields
Template:
CITY CLERK
Doc Name
2001
Doc Type
Ordinance
CITY CLERK - Date
8/13/2001
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
47
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
<br />iii) if the imbalance is greater thanlO%. butl5% or less. of the total gas volumes delivered Cuslomer at <br />the Delivery Point during such month, Customer will purchase such imbalance gas volumes from TXUGD. <br />and TXUGD will have the right to collecl from Customer. a sum of money determined by the produC:1 of <br />(A) the greater of the highest price paid for gas by TXUGD during that monthly period or 150% of the <br />highest daily Houston Ship Channel price during that monthly period, as reponed in the publication Gas <br />Daily, multiplied by (B) the number of decatherms in such monthly imbalance, thereby eliminating such <br />monthly imbalance; <br /> <br />iv) if the imbalance is greater thanl5%, but 20% or less, of the tOlal gas volumes delivered to Customer at <br />the Delivery Point during such month, Customer will purchase such imbalance gas volumes from TXUGO. <br />and TXUGO will have the right to collect from Customer, a sum of money deternUned by the product of <br />(A) the greater of the highest price paid for gas by TXUGO during thaI monthly period or 175% of the <br />highest daily Houston Ship Channel price during thaI monthly period, as reponed in the publicalion Gas <br />Daily, multiplied by (B) the number of decatherms in such monthly imbalance, thereby eliminating such <br />monthly imbalance: and <br /> <br />v) if the imbalance is greater than 20% of the total gas volumes delivered to Customer at the Oelivery <br />Point during such month, Customer will purchase such imbalance gas volumes from TXUGD. and TXUGD <br />will have the right to collect from Customer, a sum of money determined by the product of (A) the greater <br />of the highest price paid for gas by TXUGO during that monthly period or 200% of the highesl daily <br />Houston Ship Channel price during that monthly period, as reponed in the publication Gas Daily, <br />multiplied by (B) the number of decatherms in such monlhly imbalance, thereby eliminating suchmoillhly <br />imbalance. <br /> <br />(d) TXUGO will bill Customerfor any such amounts owed to TICUGO by Customer under this paragraph 13 by <br />including such amounts in the monthly statemenl(s) rendered to Customer under paragraph 12 of Schedule "B" of <br />this Contracl, or by a separate statemenl whether or not this Contract has tenninaled. TXUGD will credit Customer <br />for any such. amounts owed to Customer by TXUGO under this paragraph 13 by crediting such amounts against <br />amounts owed to TXUGO by Customer in any such Slatemenl(s) rendered to Customer. Otherwise, such amounts <br />will be paid to Customer within lhiny (30) days from Ihe date Contract has terminated if the net account balance is <br />an amount owed to Customer by TXUGO. <br /> <br />14. Misuse ofImbalance Provisions <br /> <br />Cuslomer will not attempt to utilize the imbalance provisions hereunder to provide standby or backup service or <br />plant protection supply gas for its Facility in the event its third party supplier(s) fail to deliver sufficient volumes of <br />gas to TXUGD for redelivery hereunder to Customer's Facility for such purposes, with due consideration 10 the <br />Retention Volume, or for any other purpose not expressly contemplated in the terms of this Contract. In the event <br />TXUGO ever deternUnes that Customer has attempled to do so. Customer agrees that TXUGO will have the right to <br />suspend and/or ternUnate this Contract. <br /> <br />15. Failure of Pricin2 Resource <br /> <br />(a) In the evenl no Gas Daily is published or no "highest daily price" is published in the Gas Daily, the price used <br />therefore will be the highest price published in Inside F.E.R.C. 's Gas Market Report for gas sold during the month in <br />Texas. In the event no Gas Daily is published or no "lowest daily price" is published in the Gas Daily, the price used <br />therefor will be the lowesl price published in the Inside F.E.R.C. 's Gas Market Report for gas sold during the month <br />in Texas. <br /> <br />(b) In the event no Gas Daily and no Inside F.E.R.C. 's Gas Market Report is published or no "highest daily price" <br />is published in the Gas Daily or in the "Inside FERC," the price used therefore will be the highest price published by <br />the New York Mercantile Exchange (NYMEX) for gas sold during the month in Texas. In the event no Gas Daily <br />and no Inside F.E.R. C. 's Gas Market Report is published or no "lowest daily price" is published in the Gas Daily or <br />in the "Inside FERC," the price used therefor will be the lowest price published by the New York Mercantile <br />Exchange (NYMEX) for gas sold during the month in Texas. <br /> <br />(c) In the event Gas Daily, Inside F.E.R.C. 's Gas Marlcet Report and the New York Mercantile Exchange <br />(NYMEX) all three fail to repon a highest or lowest price for the month for use under the respeclive provisions of <br />this Contraclthe parties may mutually agree upon the price or prices to be used. However, if the parties cannot agree <br />on such a price or prices within Ihiny (30) days of such an event the appropriate price or prices will be established <br />by arbitration as provided in this Contract. <br /> <br />7 <br /> <br />!V OS/25/01 Attach. to Rate Sch. 4221 <br /> <br />22 <br />
The URL can be used to link to this page
Your browser does not support the video tag.