Initial Open Season - IOS1909-5
Reserve Price Matrix
The Reserve Price Matrix used in the Initial Open Season IOS1909-5 is posted in accordance with Natural's Tariff Section 5.1(d)(5)(iii) at Sheet Number 302. IOS1909-5 was posted on September 12, 2019 and closed on September 18, 2019.
Louisiana Zone Deliveries
Path: TEXOK TO LOUISIANA
Reservation Rate For Non-SW bids: All terms and paths are Max Rate
Reservation Rate For SW bids: All terms and paths are the Non-SW Max rate plus $0.0067/Dth
The Reserve Price for any term and/or path not included in this Reserve Price Matrix is at the applicable Maximum rate.
The Reserve Prices in this matrix represent Daily Reservation Rates.
A conversion factor of 30.4167 will be applied to derive the Monthly Reservation Rate for annual capacity.
A conversion factor of 30.20 will be applied to derive the Monthly Reservation Rate for winter only capacity.
A conversion factor of 30.5714 will be applied to derive the Monthly Reservation Rate for summer only capacity.
Where bids are submitted which specify a rate on an annual basis which exceeds the applicable maximum offpeak rate, the actual billing will be adjusted to conform with maximum tariff rate limitations and to achieve the same revenue on a net present value basis.