LETTER NO. L-67-05 SIXTH FLOOR, 900 HOWE STREET, BOX 250 ROBERT J. PELLATT VANCOUVER, B.C. CANADA V6Z 2N3 COMMISSION SECRETARY TELEPHONE: (604) 660-4700 Commission.Secretary@bcuc.com BC TOLL FREE: 1-800-663-1385 web site: http://www.bcuc.com FACSIMILE: (604) 660-1102 Log No. 10556 VIA E-MAIL AND FACSIMILE regulatory.affairs@terasengas.com August 5, 2005 TGI-TGVI_ROE 2005 Exhibit A-6 Mr. Scott Thomson Vice President, Finance and Regulatory Affairs Terasen Gas Inc. 16705 Fraser Highway Surrey, B.C. V3S 2X7 Dear Mr. Thomson: Re: Terasen Gas Inc. / Terasen Gas (Vancouver Island) Inc. Project No. 3698394 – Order No. G-69-05 Application to Determine the Appropriate Return on Equity and Capital Structure and to Review and Revise the Automatic Adjustment Mechanism On June 30, 2005, Terasen Gas Inc. (“TGI”) and Terasen Gas (Vancouver Island) Inc. (“TGVI”), (collectively “the Companies”), applied to the Commission for an increase in the common equity components and the return on equity (“ROE”) of each of the Companies. The Application also requests review and revision of the automatic adjustment mechanism for the ROE of a low-risk benchmark utility. On August 3, 2005, the Commission held a Procedural Conference, pursuant to Order No. G-69-05, to address the scope of the Commission’s review of the Application, the steps and timetable associated with the regulatory review process and any other matters to assist the Commission to efficiently review the Application. With input provided by Utilities and Intervenors at the Procedural Conference, the Commission defines the scope for proceeding as follows: 1. The automatic ROE adjustment mechanism and all issues related thereto with respect to the establishment of the low-risk benchmark utility return used in the calculation of the appropriate ROE for utilities; 2. The capital structure for TGI and TGVI and utility-specific risk premium, if any, used in the calculation of the appropriate ROE for TGI and TGVI; and 3. The date the decision becomes effective. Other utilities, including FortisBC and PNG, may not have the same status as other intervenors in this proceeding. Also, with consideration to the views of utilities and Intervenors, the Commission attaches the approved Regulatory Timetable. Yours truly, Original signed by: Constance M. Smith for: Robert J. Pellatt RG/cms Attachment cc: Registered Intervenors and Interested Parties Proceedings/TGI-TGVI ROE/Gen Cor/Scope and Regulatory Updated Timetable
Re: Terasen Gas Inc. / Terasen Gas (Vancouver Island) Inc. Project No. 3698394 – Order No. G-69-05 Application to Determine the Appropriate Return on Equity and Capital Structure and to Review and Revise the Automatic Adjustment Mechanism REGULATORY TIMETABLE BCUC and other Utilities’ Information Request No. 1 to TGI and TGVI Filing of budgets for PACA TGI and TGVI Responses to Information Request No. 1 BCUC Information Request No. 2 and Intervenor Information Request No. 1 TGI and TGVI Responses to Information Requests Intervenor Evidence BCUC and Participant Information Requests to Intervenors Intervenor Responses to Information Requests Oral Public Hearing commences APPENDIX A to Letter No. L-67-05 Page 1 of 1 (2005) Friday, August 12 Friday, August 26 Friday, September 2 Wednesday, September 14 Friday, September 30 Tuesday, October 11 Thursday, October 20 Friday, November 4 Monday, November 14
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