[Code of Federal Regulations]
[Title 18, Volume 1]
[Revised as of April 1, 2004]
From the U.S. Government Printing Office via GPO Access
[CITE: 18CFR284.266]

[Page 753]
 
           TITLE 18--CONSERVATION OF POWER AND WATER RESOURCES
 
  CHAPTER I--FEDERAL ENERGY REGULATORY COMMISSION, DEPARTMENT OF ENERGY
 
PART 284_CERTAIN SALES AND TRANSPORTATION OF NATURAL GAS UNDER THE 
NATURAL GAS POLICY ACT OF 1978 AND RELATED AUTHORITIES--Table of Contents
 
   Subpart I_Emergency Natural Gas Sale, Transportation, and Exchange 
                              Transactions
 
Sec. 284.266  Rates and charges for interstate pipelines.

    (a) Transportation rates--(1) Rate on file. If an interstate 
pipeline has on file with the Commission an effective transportation 
rate schedule that conforms to Sec. 284.10, it must use volumetric 
rates based upon fully-allocated costs and adjusted only for time and 
distance.
    (2) Rate not on file. If an interstate pipeline does not have on 
file with the Commission a transportation rate schedule that conforms to 
Sec. 284.10, it may:
    (i) Base its rates upon the methodology used in designing rates to 
recover the transmission and related storage costs included in one of 
its then-effective sales rates schedules; or
    (ii) Use the rates contained in one of its transportation rate 
schedules on file with the Commission which the interstate pipeline 
determines covers service comparable to transportation service 
authorized under this subpart.
    (b) Interstate pipeline costs excluded from rate base. An interstate 
pipeline may not include in its jurisdictional rate base any cost 
associated with facilities installed and operated in connection with an 
emergency natural gas transaction unless a certificate of public 
convenience and necessity has been issued authorizing the costs. Absent 
a certificate, such facilities may only be used to conduct emergency 
natural gas transactions or transactions authorized under section 311 of 
the NGPA.

[Order 449, 51 FR 9187, Mar. 18, 1986, as amended by Order 581, 60 FR 
53074, Oct. 11, 1995]