Common use of Revenue Requirement Escalators Clause in Contracts

Revenue Requirement Escalators. The revenue requirements over the Settlement Period are based on the negotiated annual escalators shown below, which are applied to the approved Gas Accord III 2007 revenue requirements for each function. However, the rate Schedule G-XF revenue requirement and rate will continue to be calculated based on the forecast of Line 401 costs, as required by those contracts. Revenue Requirement Escalators by Function Line No. Function 2008 2009 2010 1 Backbone Transmission (excluding Schedule G-XF) -1% -1% -1% 2 Local Transmission without +4% +2% +2% Designated Projects (see Section 8.4, below) 3 Core Storage 0% 0% 0% 4 Customer Access Charge 0% 0% 0%

Appears in 2 contracts

Samples: Iv Settlement Agreement, Iv Settlement Agreement

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Revenue Requirement Escalators. The revenue requirements over the Settlement Period are based on the negotiated annual escalators shown below, which are applied to the approved Gas Accord III 2007 revenue requirements for each function. However, the rate Schedule G-XF revenue requirement and rate will continue to be calculated based on the forecast of Line 401 costs, as required by those contracts. Revenue Requirement Escalators by Function Line No. Function 2008 2009 2010 1 Backbone Transmission (excluding Schedule G-XF) -1% -1% -1% 2 Local Transmission without +4% +2% +2% Designated Projects (see Section 8.4, below) +4% +2% +2% 3 Core Storage 0% 0% 0% 4 Customer Access Charge 0% 0% 0%

Appears in 2 contracts

Samples: Iv Settlement Agreement, Iv Settlement Agreement

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