Iroquois Gas Transmission System Seeks to Implement Revised Tariff Sheet

Strategic Insights -

Iroquois Gas Transmission System, L.P. has submitted a filing to the Federal Energy Regulatory Commission (FERC) to implement a revised tariff sheet, effective June 1, 2025. This filing is part of the company's FERC Gas Tariff, Second Revised Volume No. 1, and includes a negotiated rate agreement between Iroquois and Radiate Energy LLC (RTS Shipper). The proposed tariff sheet reflects a renegotiated rate for transportation services, which was approved by FERC in 1997.

Key Takeaways:

  • Iroquois Gas Transmission System, L.P. has submitted a filing to FERC to implement a revised tariff sheet, effective June 1, 2025.
  • The revised tariff sheet reflects a negotiated rate agreement between Iroquois and Radiate Energy LLC (RTS Shipper) for transportation services.
  • The negotiated rate was approved by FERC in 1997 (Iroquois Gas Transmission System, L.P., 81 FERC P 61,190 (1997)).
  • Iroquois requests a waiver of the 30-day notice requirement, citing the Commission's Policy Statement issued in 1996 (74 FERC P 61,076 (1996)).
  • The negotiated rate is set forth on Schedule 3 of the Firm Service Agreement between the RTS Shipper and Iroquois.
  • Iroquois has entered into a negotiated rate transaction with the RTS Shipper for service under its Rate Schedule RTS, with negotiated rates to be effective as of June 1, 2025.
  • The proposed effective date for the tariff sheet is June 1, 2025, which is consistent with the Commission's regulations and Iroquois' FERC Gas Tariff.

Statistics:

  • 1997: year in which FERC approved tariff sheets authorizing Iroquois to charge negotiated rates for its transportation services (Iroquois Gas Transmission System, L.P., 81 FERC P 61,190 (1997)).
  • 1996: year in which the Commission's Policy Statement was issued, allowing Iroquois to submit negotiated rates (74 FERC P 61,076 (1996)).
  • June 1, 2025: proposed effective date for the revised tariff sheet.
  • $X.XX: the negotiated rate mentioned in the filing (Schedule 3 of the Firm Service Agreement).

Sources:

  • Iroquois Gas Transmission System, L.P., 81 FERC P 61,190 (1997).
  • 74 FERC P 61,076 (1996).
  • Natural Gas Pipeline Negotiated Rate Policies and Practices, 104 FERC P 61,134 at P 32 and n. 28 (2003).