Daily Delivery Variance Charges (DDVC) Structure
| DDVC Penalty (higher of existing fixed-rate or index multiple) | Existing Fixed-Rate | Index Multiple |
|---|---|---|
| Standard Days (no SOL, SUL or Critical Day) – DDVC | Maximum TI Rate | No Index Pricing |
| System Overrun Limitation (SOL) – Punitive (2026-January) | $35.745 | 2.0x |
| System Overrun Limitation (SOL) – Punitive (2026) | $27.56 | 2.0x |
| System Overrun Limitation (SOL) – Positive (5%) | $1.00 | 1.25x |
| Critical Day – Punitive Level II | $113.00 | 3.0x |
| Critical Day – Punitive Level I (additional 5%) | $56.50 | 2.0x |
| Critical Day – Positive (Next 3%) | $22.00 | 1.75x |
| Critical Day – Positive (First 2%) | $15.00 | 1.5x |
| System Underrun Limitation (SUL) – Negative | $1.00 | 1.25x |
Index
The highest published Platts “Gas Daily” Midpoint price on the applicable day at any of the applicable index points of:
- Market Area – Northern, demarc and Northern, Ventura ; or
- Field Area – Panhandle, Tx.-Okla. and El Paso, Permian.
Refer to the charts located in the DDVC and SMS Information section on the Training Materials webpage for examples of the Daily Delivery Variance Charges (DDVCs) structure as defined in Northern’s FERC Gas Tariff Part 4, Section 8.
DDVC Rates
| Data Table |
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| Loading table data… |
- Applicable Standard rate is the Market Area interruptible rate including the ACA unit surcharge and electric compression commodity rate.
- All rates, with the exception of the Standard rate, are the greater of the fixed-rate or the highest published Platts “Gas Daily” Midpoint price on the applicable day at any of the applicable index points, which is Northern, Demarc and Northern, Ventura for the Market Area or Panhandle, Tx.-Okla. and El Paso, Permian for the Field Area, times the appropriate multiple pursuant to Part 4, Section 8 in Northern’s FERC Gas Tariff.
Disclaimer
The information provided represents anticipated rates to illustrate DDVC charge calculations. Actual rate may vary pursuant to Northern’s tariff.