LETTER NO. L‐102‐09
SIXTH FLOOR, 900 HOWE STREET, BOX 250
ERICA M. HAMILTON
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
VIA EMAIL
regulatory.affairs@terasengas.com
November 19, 2009
david.bennett@fortisbc.com, regulatory@fortisbc.com
cdonohue@png.ca
Mr. Tom Loski
Mr. David Bennett
Mr. C.P. Donohue
Vice President, Finance
General Counsel
Director, Regulatory Affairs & Gas Supply
and Regulatory Affairs
and Corporate Secretary
Pacific Northern Gas Ltd.
Terasen Gas Inc.
FortisBC Inc.
950 ‐ 1185 West Georgia Street
Terasen Gas (Vancouver Island) Inc.
5
th
Floor ‐ 1628 Dixon Avenue
Vancouver, BC V6E 4E6
16705 Fraser Highway
Kelowna, BC V1Y 9X1
Surrey, BC V3S 2X7
Gentlemen:
Re: Return on Common Equity for a
Low‐Risk Benchmark Utility for the Year 2010
Pursuant to the Commission’s Decision dated June 10, 1994 regarding Return on Common Equity, and Order G‐35‐94, as
amended by Order G‐80‐99, Order G‐109‐01, and Order G‐14‐06, the Commission has in November of previous years
determined the allowed return on common equity for a benchmark low‐risk utility for the ensuing year.
As recipients may be aware, the Commission has heard an application from the Terasen Utilities to eliminate the automatic
adjustment mechanism and anticipates that it will issue a decision in this regard in mid‐December. Following the issue of
the decision, the Commission will determine what further action is required.
Yours truly,
Original signed by:
Erica M. Hamilton
ac
cc: BCUC Regulated Utilities
bchydroregulatorygroup@bchydro.com
mvalcourt@bigwhite.com
Janet.fraser@bctc.com
jsereda@calgasinc.com
bctc.regulatory@bctc.com
david@portalicegas.com
support@bcpiac.com
stargas@shaw.ca
glenn.laufer@corix.com
utilities@sunpeaksresort.com
silversmith@netidea.com
chdl@telus.net
John Robbins, Yukon Electric Co.
Mr. R. Brian Wallace
Fax: 867‐668‐3965
Bull, Housser & Tupper
(rbw@bht.com)
Misc/L‐102‐09_ROE for Low Risk Benchmark Utility for the Year 2010
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.