Myth 1. RTP increases the utility's costs and revenue requirements. %n1%n
Reality 1. A well-conceived RTP program reduces the utility's costs and revenue requirements.
Gas restructuring didn't end with Order 636, it just outran the regulators. Now the rules come from the downstream dealmakers.
RM96-1-000, 75 FERC (pp 61,077.
2. Alternatives to Traditional Cost-of-Service Ratemaking for Nat. Gas Pipelines, Dkt. No. RM95-600, Jan. 31, 1996, 74 FERC (pp 61,076.
3. See, e.g., Natural Gas Pipeline Co. of America, Dkt. RP95-326, Oct. 11, 1995, 73 FERC (pp 61,050, and the proposed settlement for Tennessee and El Paso.