DATE: April 10, 2014
TO: ALL TENNESSEE CUSTOMERS
RE: ESTIMATE OF MARCH 2014 CASH OUT DATA
The following is an ESTIMATE of the Net Pipeline Imbalance positions for March preliminary cashout invoices rendered.
For cash outs under Rate Schedule LMSPA, the Net Pipeline Imbalance position is estimated to be positive (net purchase for Tennessee). Imbalances that are in the majority (positive) and within 5% are expected to be cashed out at a weighted average price estimated to be 94% of the average monthly price plus 6 % of the low price for the month. Imbalances that are in the minority (negative) and within 5% are expected to be cashed out at the average monthly price. Imbalances less than or equal to 1,000 Dth will be cashed out at the average monthly price. Imbalances that are in excess of 5% will be cashed out at either the high or low monthly price, plus the imbalance penalty charges.
For cash outs under Rate Schedule LMSMA, the Net Pipeline Imbalance position is estimated to be positive (net purchase for Tennessee). Imbalances that are in the majority (positive) and within 5% are expected to be cashed out at a weighted average price estimated to be 22% of the average monthly price plus 78% of the low price for the month. Imbalances that are in the minority (negative) and within 5% are expected to be cashed out at the average monthly price. Imbalances less than or equal to 1,000 Dth will be cashed out at the average monthly price. Imbalances that are in excess of 5% will be cashed out at either the high or low monthly price, plus the imbalance level charges.
The average monthly price for the six receipt regions and the market area are as follow;
Region Average
Appalachia $4.6940
Louisiana Offshore $4.7840
Louisiana Onshore $4.7520
New England $9.3080
Texas Offshore $4.7520
Texas Onshore $4.7020
Market Area $5.7269
If you have any questions, please contact your Volume Analyst, Account Manager, or Account Services Representative.
Rahul Singh
Manager, Account Services