FERC Conditionally Accepts Dauphin Island Storm Surcharge Adjustment, But Gives Shippers Another Chance To Contest Inclusion of Bracing Project Costs In the Calculation

摘要

On 3/31/14 FERC accepted an informational filing to reflect a limited section 4 Section Storm Surcharge Adjustment proposed on February 28 by Dauphin Island Gathering Partners (RP14-566), subject to further review. The surcharge allows Dauphin Island to recover costs related to damage resulting from weather-related events outside of its control. Eligible costs generally include actual capital and operation and maintenance expenses related to storm damage. In this filing, Dauphin Island is proposing to recover through the Storm Surcharge $3,278,224 of eligible costs for calendar year 2013, consisting of $1,490,545 in storm-related insurance costs and $1,787,679 for costs related to "bracing" modifications to offshore platforms as required by government regulations.