Actual Transportation Quantity: The quantity of gas actually received during the Gas Day by the Company at the Point of Receipt, net of Fuel Reimbursement, where applicable, for the account of Customer for redelivery at the Point of Delivery during the same Gas Day.
Aggregation Group: A group of Customers that combines their loads for purposes of nomination, scheduling and imbalance trading.
Aggregator: A designated agent that aggregates customers loads into an Aggregation Group.
Average Cost: The Company’s average cost of gas for the Gas Day.
Avoidable Cost: The variable cost of the Company’s avoidable source of supply for the Gas Day.
Calendar Day: A period of twenty-four (24) consecutive hours beginning at 12 midnight, Eastern Time (E.T.).
Customer: Any party that has executed an agreement with the Company for transportation service.
Customer s Maximum Hourly Flow: The maximum hourly gas a Customer can use in a given period equal to any maximum hourly limits for delivery of gas to the Customer, during the same period, imposed by the Customer s Transporting Pipeline.
Customer’s Supplier: The person, company or other party from whom Customer has purchased the gas to be transported by the Company.
Customer’s Transporting Pipeline: The person or persons, company or companies, or other party or parties, engaged in the business of rendering transportation service of natural gas in interstate commerce subject to the jurisdiction of the Federal Energy Regulatory Commission, which the person(s), company(s), or party(s) is/are transporting gas for Customer’s account to a Point of Receipt of the distribution facilities of the Company.
Daily Overtake Quantity: An imbalance in which the difference between the Actual Transportation Quantity and the Gas Usage is a negative number, i.e., where Gas Usage exceeds the Actual Transportation Quantity.
Daily Overtake Tolerance: The daily tolerance on daily overtake quantities expressed as a percentage.
Daily Undertake Quantity: An imbalance in which the difference between the Actual Transportation Quantity and the Gas Usage is a positive number, i.e., where Gas Usage is less than the Actual Transportation Quantity.
Fuel Reimbursement: A quantity in therms by which gas received for Customer’s account at the Point of Receipt is reduced in order to compensate the Company for gas loss and unaccounted for gas.
Gas Day: A period of twenty-four (24) consecutive hours beginning at 8 am, E.T., and ending at 8 am, the next calendar day.
Gas Usage: The actual quantity of gas used by the Customer during the Gas Day as measured by the Company’s metering equipment at the Point of Delivery.
Imbalance: The difference, during any Gas Day, between the Actual Transportation Quantity and the amount nominated and confirmed.
Marginal Cost: The variable cost of the Company’s marginal source of supply for the Gas Day.
Nomination Form: The required form for submitting initial or subsequent transportation nominations an example of which is attached to Customer’s service agreement.
Operational Flow Order: Company requirement to transportation Customers and third-party suppliers of gas that a specified volume of gas be delivered for the purpose of maintaining the operational integrity of the Bangor Gas distribution system.
Period Imbalance: The aggregate imbalance during the month.
Period Index Price: The Period Index Price shall be the Maritimes and Northeast Pipeline Index Price, inclusive of any zone, location or transportation charges and also inclusive of any allowance for fuel assessed by Maritimes and Northeast Pipeline and upstream pipelines.
Point of Delivery: A location where the Company’s distribution facilities are interconnected with the Customer’s facility and where the Customer’s gas will be delivered by the Company. The Point of Delivery is identified within the Customer s transportation agreement.
Point of Receipt: An interconnection between the Customer’s Transporting Pipeline and the distribution facilities of the Company where gas will be received by the Company for transportation in its service territory. The Point of Receipt is identified within the transportation agreement.
Scheduled Transportation Quantity: The quantity of gas scheduled by the Company to be received during the Gas Day at the Point of Receipt, net of Fuel Reimbursement, where applicable, for the account of Customer for redelivery at the Point of Delivery during the same Gas Day.