Spreadsheet: gerald_nemec__11560__Stagecoach Consumption Band
Sheet: Spot Price True Up

Stagecoach Consumption Band
Spot Price Make Whole Payments
(Volumetric gas true up is shown in a separate example.)
100% Load Factor HP Hours | 10955031.36319463 | 9894867.037724182 | 10955031.36319463 | 10601643.25470448 | 10955031.36319463 | 10601643.25470448 | 10955031.36319463 | 10601643.25470448 | 10955031.36319463
 |  |  |  |  |  |  |  |  |  | Annual |  | Spot Price Make Whole Payments Owed
 | Jan | Feb | Mar | Apr | May | Sep | Oct | Nov | Dec | Total |  | Power Prices | Gas Prices
(Compressor Station Load Factor)
Band Maximum Usage
Band Target/Baseline Usage | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | 0.7 | 0.8 | 0.8
Band Minimum Usage
(In Horsepower Hours)
Band Maximum Usage
Band Target/Baseline Usage
Band Minimum Usage
Band Examples
Within Band (At Year End)
Actual Usage (Example Numbers) | 8500000 | 9800000 | 7000000 | 6650000 | 5500000 | 6500000 | 7500000 | 9500000 | 8250000
Monthly Band Status |  |  |  |  |  |  |  |  |  |  |  | None - Within Band | None - Within Band
Above Band (At Year End)
Actual Usage | 9800000 | 7915894 | 9600000 | 10150000 | 9450000 | 5400000 | 8435374 | 9500000 | 7887623
Monthly Band Status |  |  |  |  |  |  |  |  |  |  |  | (354,634 x .7457) x Power Price [NAME] | 2,837 x Gas Price [NAME]
[NAME] (At Year End)
Actual Usage | 7900000 | 9000000 | 6300000 | 4000000 | 3750000 | 2000000 | 7000000 | 6400000 | 10000000
Monthly Band Status |  |  |  |  |  |  |  |  |  |  |  | (7,291,664 x .7457) x Power Price [NAME] | None - Min. MMBTUs always delivered
Spot Price [NAME]
Power (Gen. Only) Fixed Price (In $/KWh) | Contract Price
Gas Fixed Price (In $/MMBTU) | Contract Price
Power Make Whole
Spot Price (In $/KWh) | PJM Hourly Average (Based On Load Shape)
Above Band Variance Calculation | PJM Spot Price (Based On Load Shape) - Contract Price > $0.00  (If any)
Below Band Variance Calculation | Contract Price - PJM Spot Price (Based On Load Shape) > $0.00  (If any)
Gas Make Whole
Gas Spot Price (In $/MMBTU) | CNG North
Above Band Variance Calculation | Contract - Spot Price > $0.00  (If any)
Below Band Variance Calculation | Not applicable because delivery of band minimum by TGP is required.
Notes:
Months June, July, and August are not included for the duration of this transaction.
1.  Applies to power and gas:  Variances in spot vs. contract price are owed to ECS only when TGP falls outside the band on an aggregate annual basis.
2.  Applies to power and gas:  If TGP is above the band at year end, a weighted average of all positive variances (spot vs. contract) for all months above and below the band (in that year) will be used.
This figure is then applied to the year end commodity volumes above the band.
3.  Applies to power only:  If TGP is below the band at year end, a weighted average of all positive variances (spot vs. contract) for all months above and below the band (in that year) will be used.
This figure is then applied to the year end commodity volumes below the band.
4.  Applies to below band status (at year end) only:  ECS will rebate a portion of the annual charge (paid by TGP to ECS in cash), less lease, O&M, and ECS fees.
5.  An annualized interest rate will be applied to all monies owed at year end.