| January 2007 |
| Imbalance Volumes Greater Than 10% Over Tendered |
| Volumes to be purchased by PSNC Energy from Pooler at $4.6144 |
| Formula: For each dekatherm of such overage, the lower of the first of month Index (Bid Week) or the lowest weekly price for any subsequent week for Transco Station 65 as published in Natural Gas Week (NGW), multiplied by a factor of seventy-five percent (75%), plus (a) for the months of November through March, the one hundred percent (100%) load factor rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, or (b) for the months of April through October, the commodity rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, plus $.05 [($5.52* .75)/.9674 + $.3349 = $4.6144]. |
| Imbalance Volumes Greater Than 5% but Less Than or Equal To 10% Over Tendered |
| Volumes to be purchased by PSNC Energy from Pooler at $5.1850 . |
Formula: For each dekatherm of such overage, the lower of the first of month Index (Bid Week) or the lowest weekly price for any subsequent week for Transco Station 65 as published in NGW, multiplied by a factor of eighty-five percent (85%), plus (a) for the months of November through March, the one hundred percent (100%) load factor rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, or (b) for the months of April through October, the commodity rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, plus $.05 [($5.52* .85)/.9674 + $.3349 = $5.1850].
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| Imbalance Volumes Less Than or Equal To 5% Over Tendered |
| Volumes to be purchased by PSNC Energy from Pooler at $6.5474. |
| Formula: For each dekatherm of such overage, the first of month Index (Bid Week) for Transco Station 65 as published in NGW, plus (a) for the months of November through March, the one hundred percent (100%) load factor rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, or (b) for the months of April through October, the commodity rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, plus $.05 [$6.01/.9674 + $.3349 = $6.5474]. |
| Imbalance Volumes Greater Than 10% Under Tendered |
| Volumes to be sold by PSNC Energy to Pooler at $9.6640. |
Formula: The higher of the first of month Index (Bid Week) or the highest weekly price for any subsequent week for Transco Station 65 as published in NGW, multiplied by a factor of one hundred and twenty-five percent (125%), plus the one hundred percent (100%) load factor rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, for each dekatherm of such shortage [($7.22* 1.25)/.9674 + $.3349 = $9.6640].
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| Imbalance Volumes Greater Than 5% but Less Than or Equal to 10% Under Tendered |
| Volumes to be sold by PSNC Energy to Pooler at $8.9177. |
| Formula: The higher of the first of month Index (Bid Week) or the highest weekly price for any subsequent week for Transco Station 65 as published in NGW, multiplied by a factor of one hundred and fifteen percent (115%), plus the one hundred percent (100%) load factor rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, for each dekatherm of such shortage [($7.22* 1.15)/.9674 + $.3349 = $9.9177]. |
| Imbalance Volumes Less Than or Equal to 5% Under Tendered |
| Volumes to be sold by PSNC Energy to Pooler at $6.5474. |
| Formula: The first of month Index (Bid Week) for Transco Station 65 as published in NGW, plus the one hundred percent (100%) load factor rate under Transco’s currently effective Rate Schedule FT for deliveries from Transco’s Zone 3 to 5, including applicable fuel retention and surcharges, for each dekatherm of such shortage [$6.01/.9674 +.3349 = $6.5474]. |
