B R IT I S H C O LU M B I A U T I L IT I E S C O M M I S S I O N O R D E R N U M B E R G-134-99 SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. V6Z 2N3 CANADA TELEPHONE: (604) 660-4700 web site: http://www.bcuc.com BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and West Kootenay Power Ltd. 2000-2002 Preliminary Revenue Requirements Application 1999 Annual Review BEFORE: P. Ostergaard, Chair ) L.R. Barr, Deputy Chair ) P.G. Bradley, Commissioner ) December 16, 1999 B.L. Clemenhagen, Commissioner ) K.L. Hall, Commissioner ) F.C. Leighton, Commissioner ) O R D E R WHEREAS: A. Commission Order No. G-123-98 approved the December 15, 1998 Settlement Agreement extending the rate adjustment mechanism (“the Incentive Mechanism”) approved by Commission Order No. G-73-96, for the year ending December 31, 1999; and B. The terms of the Settlement Agreement required that West Kootenay Power Ltd. (“WKP”) file a multi-year rate-making proposal to commence January 2000; and C. The Settlement Agreement included an Annual Review process, to assess WKP’s performance and to make adjustments against 1998 and 1999 Revenue Requirements; and D. In accordance with Commission Order No. G-94-99 the Commission initiated a Negotiated Settlement Process and an Annual Review; and E. On November 8, 1999, WKP filed its 2000-2002 Preliminary Revenue Requirements Application (“the Application”). WKP applied, pursuant to the Utilities Commission Act (“the Act”), for an Order to set rates in accordance with an amended Incentive Mechanism for the period beginning January 1, 2000 and ending December 31, 2002; and F. A negotiated settlement was reached among the participants and circulated to all Registered Intervenors, Interested Parties and the Commission on December 2, 1999; and …/2
2 G. The Commission received letters on the negotiated settlement from the City of Kelowna, Natural Resource Industries, Hedley Improvement District, the British Columbia Public Interest Advocacy Centre, and the Kootenay-Boundary Regional Association/Nelson-Creston Constituency Association – Green Party; and H. The Commission has considered the Application and is satisfied that the negotiated settlement, attached as Appendix A hereto, is necessary and in the public interest. NOW THEREFORE the Commission orders as follows: 1. The Commission approves the negotiated settlement, attached as Appendix A, in its entirety. 2 The 1998 and 1999 Revenue Requirement adjustments are approved. 3. WKP is ordered to file a Final Rate Application which reflects the terms of the negotiated settlement, effective January 1, 2000. DATED at the City of Vancouver, in the Province of British Columbia, this 17 Attachment Orders/WKP 2000/02RR NegStlmntB R IT I S H C O L U M B I A U T IL IT I E S C O M M I S S I ON O R D ER N U M B ER G-134-99 th day of December 1999. BY ORDER Original signed by: Peter Ostergaard Chair
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