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007921323
East Tennessee Natural Gas, LLC
Not a critical notice
10/20/2021
03:27:19 PM
01/18/2022
03:27:19 PM
113527
Initiate
Other
10/20/2021
03:27:19 PM


No response required


NOTICE OF AWARD OF FIRM CAPACITY


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Other
Notice of Award of Firm Capacity

October 20, 2021

Pipeline received a request for firm service under Rate Schedule FT-A for Maximum Daily Transportation Quantity ("MDTQ") of 50,000 Dth. The capacity has been awarded for a primary term beginning February 1, 2022 and ending March 31, 2055.

Pursuant to Section 5.8 of the General Terms and Conditions of East Tennessee's FERC Gas Tariff, East Tennessee held an open season for firm service under Rate Schedule FT-A from October 6, 2021 through October 20, 2021.

The open season stated that the capacity would be awarded to the bid generating the highest net present value. Net present value of $101,618,222 was determined based on the discounted cash flow of the revenues produced, lost or affected, based upon an annual interest rate of 3.25 %.

Based on the NPV calculation, the winning bid was awarded to CHATTANOOGA GAS COMPANY for firm service under Rate Schedule FT-A for meter 59329 (TEXAS EASTERN- MT. PLEASANT, GILES CO., TN) to meter 59014 (ATLANTA) for Maximum Daily Transportation Quantity ("MDTQ") of 50,000 Dth. The capacity has been awarded for a primary term beginning February 1, 2022 and ending March 31, 2055.



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