| NORTHERN INDIANA PUBLIC SERVICE COMPANY IURC Gas Service Tariff Original Volume No. 5 |
Original Sheet No. 21.4B |
DAILY IMBALANCE CASH-OUT PROVISIONS
RIDER TO RATE SCHEDULES
No. 2 of 5 Sheets
DAILY IMBALANCE CASH-OUT PROVISIONS (continued)
The Daily Index price shall be the arithmetic average of the range of prices posted for "Chicago LDC's, large end users" under the table Citygate, Pooling Point Prices as published in Gas Daily. In the event this posting is unavailable, Company will establish a new Daily Index price.
The First of Month Index price shall be the arithmetic average of the "Range of Reported Spot Prices Utilities" for the first day of each Month appearing under the table "Northern Illinois/Northern Indiana"as published in INSIDE FERC.
Daily Imbalances During Critical Periods
For Undertake Imbalances (the Qualifying Customer's nominated volume is greater than its metered volume) the Company will purchase gas from the Qualifying Customer at the rates below
| Imbalance Level |
Company Pays Qualifying Aggregator |
| - 0% to .99% - 1% to 4.99% - 5% to 10% Under - 10% |
100% of the Lesser of Daily Index or First of Month Index 90% of the Lesser of Daily Index or First of Month Index 80% of the Lesser of Daily Index or First of Month Index 60% of the Lesser of Daily Index or First of Month Index |
For Overtake Imbalances (the Qualifying Customer's nominated volume is less than its metered volume) the Qualifying Customer will purchase gas from the Company at the rates below, plus the applicable transportation charge as provided for in the Qualifying Customer's transportation tariff:
| Imbalance Level |
Company Pays Qualifying Aggregator |
| + 0% to .99% + 1% to 4.99% + 5% to 10% Over + 10% |
100% of the Lesser of Daily Index or First of Month Index 110% of the Lesser of Daily Index or First of Month Index 120% of the Lesser of Daily Index or First of Month Index 140% of the Lesser of Daily Index or First of Month Index |
| Issued Date | Issued By Gary L. Neale Chairman, President and Chief Executive Officer |
Effective Date |
| November 1, 1997 | Hammond, Indiana | November 1, 1997 |