SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. V6Z 2N3 CANADA web site: http://www.bcuc.com IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by Terasen Gas (Vancouver Island ) Inc. for Approval of a GCVA Rate Rider for Each Rate Class effective October 1, 2004 BEFORE: L.F. Kelsey, Commissioner K.L. Hall, Commissioner O R D E R WHEREAS: A. The Commission, by Order No. G-2-03, approved a Negotiated Settlement for Terasen Gas (Vancouver Island) Inc. (“TGVI”) (formerly known as Centra Gas British Columbia Inc.) on its 2003 to 2005 Forecast Revenue Requirements. The Utility was to provide to the Commission and the Registered Intervenors with quarterly reports on actual and forecast gas costs to be used for determining future customer rates; and B. Commission Order No. G-42-03, which approved the Centra Gas British Columbia Inc. September 2002 rate design application, accepted the soft-cap mechanism that compared the current natural gas rate level to the efficiency adjusted comparable electrical rate or the fuel oil price in order to set rate levels for each customer class; and C. Pursuant to the above-noted Orders TGVI filed its 2004 Third Quarter Report dated September 14, 2004 (“the Report”), which requested approval to establish Gas Cost Variance Account (“GCVA”) riders for each of the sales rate classes, effective October 1, 2004; and D. The effect of the new GCVA riders would result in rate increases to all customer classes in the range of 6 percent to 14.10 percent as noted in the following table, subject to specific customer consumption characteristics; and Rate Classes RGS-1 AGS SCS-1 SCS-2 Estimated Burner – Tip 6.00% 10.80% 5.80% 6.70% Increase (%) E. The Commission has reviewed the Report and finds that the GCVA Rate Riders should be approved. BRITISH COL UMBIA UTILITIES COM MISSION ORDER NUMBER G -87-04 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 September 16, 2004 LCS-1 LCS-2 LCS-3 HLF ILF 9.40% 10.10% 10.90% 11.40% 14.10% . . . /2
2 NOW THEREFORE the Commission orders as follows: 1. The Commission approves for TGVI the establishment of GCVA Rate Riders, effective October 1, 2004, based on the following: Rate Classes RGS-1 AGS SCS-1 SCS-2 GCVA Rider $ 0.866 $ 0.930 $ 0.879 $ 0.903 ($/GJ) 2. TGVI is to file with the Commission permanent GCVA rate riders for each rate class in accordance with this Order and to notify all affected customers of the rate increase in a timely fashion. DATED at the City of Vancouver, in the Province of British Columbia, this 23 Order/TGVI-GCVA Rate Rider BRITISH COLUMBIA UTILITIES COMMISSION ORDER NUMBER G-87-04 LCS-1 LCS-2 LCS-3 HLF ILF $ 0.920 $ 0.933 $ 0.939 $ 0.945 $ 0.935 rd day of September 2004. BY ORDER Original signed by: L.F. Kelsey Commissioner
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