-\\s'"' COl..utt,. BRlliSH COLUMBIA ~ ~ Q;} ~\~'lA" V UnliTlES COMMISSION s 6 ~ q /J}L' ... t..''=' ORDER '-8 CON'\"" NUMBER G-I06-88 PROVINCE OF BRITISH COLUMBIA BRITISH COLUMBIA UTILITIES COMMISSION IN THE MA TTER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and IN THE MATTER OF an Application by Central Heat Distribution Limited BEFORE: J.G. McIntyre, ) C.-::hairmanj ) J.D. V. Newlands, ) December 16, 1988 Deputy Chairman; ) W.M. Swanson, Q.c., ) Commissioner ) o R D E R WHEREAS Central Heat Distribution Limited ("CHDL") applied November 28, 1988 to increase rates charged to customers for steam service under its basic Tariff by approximately 4.0% to become effective January I, 1989; and WHEREAS CHDL notified its customers on November 24, 1988 of the pending increase in the basic steam tariff as a result of increased operating costs, taxes other than income tax and labour costs; and WHEREAS the Commission has reviewed the Application. NOW THEREFORE the Commission hereby orders Central Hea t Distribution as follows: l. The Schedule of Rates proposed by CHDL under Tab 2 of the Application, which reflects an increase in the basic steam Tariff of approximately 4.0%, is approved effective January I, 1989, pursuant to Section 67(1t) of the Utilities Comrnission Act. 2. CHDL will mail a copy of the Commission's letter, attached as Appendix A to this Order, to all affected customers. DATEDA~ the City of Vancouver, in the Province of Bri tish Columbia, this ~ \tw' • day of December, 1988. BY ORDER 36I/52/ssc FOURTH FLOOR, SOO SMIlHE STREEr, VANCOUVER, B,C V6Z 2[1 CANADA TELEPHONE (004) TFlFX 04,54536, RAPICOM 120 (604) 600,1102 W,1105
~ APPENDIX A December 16, 1988 TO ALL CUSTOMERS OF CENTRAL HEAT DISTRIBUTION LIMITED Central Heat Distribution Limited ("CHDL") applied November 28, 1988 for an increase in steam rates of approximately of 4.0% to become effective January I, 1989. A copy of the Application is available for your inspection at the offices of CHDL or at the B.C. Utilities Commission located on the Fourth Floor, 800 Smithe Street, Vancouver, B.C. The Commission has wed the Application and confirrns that CHDL's projected rate of return on common equity for 1989 will be 13% and Is less than the return available to other Cornmission regulated utilities. As a result the Commission has Ordered the increase in rates to become effective and applicable to consumption on and after January 1, 1989. The authorization is rnade pursuant to Section 67(4) of the Act which reads as follows: Ra te Schedules to be filed 67 (4) A public utility may file with the commission a new schedule of rates that the utility considers to be made necessary by a rise in the price, over which the utility has no effective control, required to be paid by the public utili ty for its gas supplies, 0 ther energy supplied to it, or expenses and taxes, and the new schedule may be put into effect by the public utility on receiving the approval of the commission, but if within 60 days after the date the commission approves the new schedule the cornmission either on complaint of a person whose interests are affected or on its own motion directs an inquiry into the new schedule of rates having regard to the fixing of a rate that is not unjust or unreasonable, the commission may after the inquiry rescind or vary the increase and order a refund or customer credit by the utility of all or part of the money received by way of increase, or may confirm the increase or part of it. If you have any questions concerning this matter please contact the undersigned, either in writing or by telephone (660-4700). Yours truly, 361/53 Comrnission Secre tary FOURTH FLOOR, BOO SMITHE STREET: VANCOUVER, BC, VoZ 2E1, CANADA, TELEPHONE (604) 660·4700, FACSIMILE' (604) 660·1102 W·1363
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