TC Constellation non firm- wego 2017.pdf

This is a Transaction Confirmation document for natural gas supply services between Constellation NewEnergy - Gas Division, LLC as the seller and the Wisconsin Department of Administration as the buyer. The agreement is delivered pursuant to a Base Contract for Sale and Purchase of Natural Gas (NAESB) effective June 8, 2015, and covers the State of Wisconsin WEGO (Lakeshore) facility with David Bender as the facility contact. The document is dated June 8, 2016, and establishes a delivery period from January 1, 2017 through December 31, 2017.

The contract covers natural gas supply on a secondary firm basis with physical delivery to the WEGO-Lakeshore facility. Pricing is set at $0.1320 per MMBtu for all months in 2017, with fixed volumes ranging from 17,894 MMBtu in August to 58,215 MMBtu in January. The pricing is inclusive of fuel but represents basis only and does not include commodity pricing, which defaults to NYMEX last day settle price unless otherwise locked by the customer. The agreement includes provisions for incremental pricing based on spot market rates for additional quantities beyond the fixed amounts, balancing services, operational flow order procedures, and default service terms that allow for successive one-month extensions beyond the contract term until terminated by either party.