WGL HoldingsThis section describes the financial condition and results of operations of WGL Holdings and its subsidiaries on a consolidated basis. It includes discussions of WGL Holdings regulated utility and non-utility operations. The majority of WGL Holdings operations are derived from the results of its regulated utility, Washington Gas and, to a much lesser extent, the results of its non-utility operations. For more information on the Companys regulated utility operations, please refer to the Managements Discussion for Washington Gas
EX-10.3 5 w15382exv10w3.htm EX-10.3 exv10w3
EXHIBIT 10.3
| SERVICE AGREEMENT NO. | 85038 | |||
| CONTROL NO. | 2005-05-27-0002 |
SST SERVICE AGREEMENT
THIS AGREEMENT, made and entered into this 21 day of October, 2005, by and between:
Columbia Gas Transmission Corporation
(“Transporter”)
AND
Washington Gas Light Company
(“Shipper”)
(“Transporter”)
AND
Washington Gas Light Company
(“Shipper”)
WITNESSETH: That in consideration of the mutual covenants herein contained, the parties hereto agree as follows:
Section 1. Service to be Rendered. Transporter shall perform and Shipper shall receive service in accordance with the provisions of the effective SST Rate Schedule and applicable General Terms and Conditions of Transporter’s FERC Gas Tariff, Second Revised Volume No. 1 (Tariff), on file with the Federal Energy Regulatory Commission (Commission), as the same may be amended or superseded in accordance with the rules and regulations of the Commission. The maximum obligation of Transporter to deliver gas hereunder to or for Shipper, the designation of the points of delivery at which Transporter shall deliver or cause gas to be delivered to or for Shipper, and the points of receipt at which Shipper shall deliver or cause gas to be delivered, are specified in Appendix A, as the same may be amended from time to time by agreement between Shipper and Transporter, or in accordance with the rules and regulations of the Commission. Service hereunder shall be provided subject to the provisions of Part 284. 223 of Subpart G of the Commission’s regulations Shipper warrants that service hereunder is being provided on behalf of Shipper.
Section 2. Term. Service under this Agreement shall commence as of November 1, 2005 , and shall continue in full force and effect until March 31, 2011. Pre-granted abandonment shall apply upon termination of this Agreement, subject to any right of first refusal Shipper may have under the Commission’s regulations and Transporter’s Tariff.
Section 3. Rates. Shipper shall pay Transporter the charges and furnish Retainage as described in the above-referenced Rate Schedule, unless otherwise agreed to by the parties in writing and specified as an amendment to this Service Agreement. Transporter may agree to discount its rate to Shipper below Transporter’s maximum rate, but not less than Transporter’s minimum rate Such discounted rate may apply to: a) specified quantities (contract demand or commodity quantities); b) specified quantities above or below a certain level or all quantities if quantities exceed a certain level; c) quantities during specified time periods; d) quantities at specified points, locations, or other defined geographical areas; and e) that a specified discounted rate will apply in a specified relationship to the quantities actually transported (i.e., that the reservation charge will be adjusted in a specified relationship to quantities actually transported). In addition, the discount agreement may include a provision that if one rate component which was at or below the applicable maximum rate at the time the discount agreement was executed subsequently exceeds the applicable maximum rate due to a change in Transporter’s maximum rate so that such rate component must be adjusted downward to equal the new applicable maximum rate, then other rate components may be adjusted upward to achieve the agreed overall rate, so long as none of the resulting rate components exceed the maximum rate applicable to that rate component. Such changes to rate components shall be applied prospectively, commencing with the date a Commission order accepts revised tariff sheets However, nothing contained herein shall be construed to alter a refund obligation under applicable law for any period during which rates had been charged under a discount agreement exceeded rates which ultimately are found to be just and reasonable.
| SERVICE AGREEMENT NO. | 85038 | |||
| CONTROL NO. | 2005-05-27-0002 |
SST SERVICE AGREEMENT
Section 4. Notices. Notices to Transporter under this Agreement shall be addressed to it at Post Office Box 1273, Charleston, West Virginia ###-###-####, Attention: Manager — Customer Services and notices to Shipper shall be addressed to it at:
Washington Gas Light Company
Attn: Gas Acquisition
Room 320-B
6801 Industrial Road
Springfield, VA 22151
ATTN: Tim Sherwood
Attn: Gas Acquisition
Room 320-B
6801 Industrial Road
Springfield, VA 22151
ATTN: Tim Sherwood
until changed by either party by written notice.
| SERVICE AGREEMENT NO. | 85038 | |||
| CONTROL NO. | 2005-05-27-0002 |
SST SERVICE AGREEMENT
Section 5. Superseded Agreements. This Service Agreement supersedes and cancels, as of the effective date hereof, the following Service Agreements: SST 78837.
| Washington Gas Light Company | ||||
By: | ||||
Name: | ||||
Title: | ||||
Date: | ||||
| Columbia Gas Transmission Corporation | ||||
By: | ||||
Name: | ||||
Title: | ||||
Date: | ||||
| Revision No. 0 | ||
| Control No. 2005-05-27-0002 |
| Appendix A to Service Agreement No. 85038 | ||
Under Rate Schedule | SST | |
Between (Transporter) | Columbia Gas Transmission Corporation | |
and (Shipper) | Washington Gas Light Company | |
October through March Transportation Demand 79,440 Dth/Day
April through September Transportation Demand 39,720 Dth/Day
Primary Receipt Points
| Maximum | ||||||
| Daily | ||||||
| Scheduling | Scheduling | Quantity | ||||
| Point No. | Point Name | (Dth/Day) | ||||
STOW | STORAGE WITHDRAWALS | STOW | 79,440 | |||
| Revision No. 0 | ||
| Control No. 2005-05-27-0002 |
| Appendix A to Service Agreement No. 85038 | ||
Under Rate Schedule | SST | |
Between (Transporter) | Columbia Gas Transmission Corporation | |
and (Shipper) | Washington Gas Light Company | |
Primary Delivery Points
| Minimum | ||||||||||||||||
| Maximum | Delivery | |||||||||||||||
| Scheduling | Scheduling Point | Measuring | Measuring Point | Daily Delivery | Design Daily | Pressure | ||||||||||
| Point No. | Name | Point No. | Name | Obligation | Quantity | Aggregate | Obligation (psig) | Hourly Flowrate | ||||||||
| (Dth/dav) 1/ | (Dth/day)1/ | Daily Quantity1/ | 1/ | (Dth/hour)1/ | ||||||||||||
78-30 | WASHINGTON | 78-30 | 79,440 | |||||||||||||
| GAS-30 | ||||||||||||||||
| Revision No. 0 | ||
| Control No. 2005-05-27-0002 |
Appendix A to Service Agreement No. | 85038 | |
Under Rate Schedule | SST | |
Between (Transporter) | Columbia Gas Transmission Corporation | |
and (Shipper) | Washington Gas Light Company |
1/ | Application of MDDOs, DDQs, and ADQs and/or minimum pressure and/or hourly flowrate shall be as follows: | |
| The following notes apply to all scheduling points on this contract: | ||
GFN1 | UNLESS STATION SPECIFIC MDDOs ARE SPECIFIED IN A SEPARATE FIRM SERVICE AGREEMENT BETWEEN TRANSPORTER AND SHIPPER, TRANSPORTER’S AGGREGATE MAXIMUM DAILY DELIVERY OBLIGATION, UNDER THIS AND ANY OTHER SERVICE AGREEMENT BETWEEN TRANSPORTER AND SHIPPER, AT THE STATIONS LISTED ABOVE SHALL NOT EXCEED THE MDDO QUANTITIES SET FORTH ABOVE FOR EACH STATION. ANY STATION SPECIFIC MDDOs IN A SEPARATE FIRM SERVICE AGREEMENT BETWEEN TRANSPORTER AND SHIPPER OR ANY SHIPPER SHALL BE ADDITIVE TO THE INDIVIDUAL STATIONS MDDOs SET FORTH ABOVE. |
| Revision No. 0 | ||
| Control No. 2005-05-27-0002 |
Appendix A to Service Agreement No. 85038 | ||
Under Rate Schedule | SST | |
Between (Transporter) | Columbia Gas Transmission Corporation | |
and (Shipper) | Washington Gas Light Company | |
The Master list of Interconnects (MLI) as defined in Section 1 of the General Terms and Conditions of Transporter’s Tariff is incorporated herein by reference for purposes of listing valid secondary receipt and delivery points.
o Yes þ No (Check applicable blank) Transporter and Shipper have mutually agreed to a Regulatory Restructuring Reduction Option pursuant to Section 42 of the General Terms and Conditions of Transporter’s FERC Gas Tariff.
o Yes þ No (Check applicable blank) Shipper has a contractual right of first refusal equivalent to the right of first refusal set forth from time to time in Section 4 of the General Terms and Conditions of Transporter’s FERC Gas Tariff.
Service pursuant to this Appendix A, Revision No. 0 shall be effective November 1, 2005 through March 31, 2011.
o Yes þ No (Check applicable blank) This Appendix A, Revision No. 0 shall cancel and supersede the Previous Appendix A, Revision No. ____ effective as of , 20 , to the Service Agreement referenced above.
þ Yes o No (Check applicable blank) All Gas shall be delivered at existing points of interconnection within the MDDO’s, and/or ADQ’s, and/or DDQ’s, as applicable, set forth in Transporter’s currently effective Rate Schedule SST Appendix A, Revision No. 4 with Shipper, which for such points set forth are incorporated herein by reference.
With the exception of this Appendix A, Revision No. 0 all other terms and conditions of said Service Agreement shall remain in full force and effect.
| Washington Gas Light Company | ||||
By: | ||||
Name: | ||||
Title: | ||||
Date: | ||||
| Columbia Gas Transmission Corporation | ||||
By: | ||||
Name: | ||||
Title: | ||||
Date: | ||||
