Orders

ORDER NUMBER

G-196-16

IN THE MATTER OF

the Utilities Commission Act, RSBC 1996, Chapter 473

and

Stargas Utilities Ltd.

Application to Vary Delivery Rate, Amend Cost of Service Formula and

Approve Replacement Term Financing/Redemption of Preferred Shares

BEFORE:

R. I. Mason, Panel Chair/Commissioner

D. M. Morton, Commissioner

on December 22, 2016

ORDER

WHEREAS:

A.      On September 26, 2016, Stargas Utilities Ltd. (Stargas) filed an application with the British Columbia Utilities Commission (Commission) for, among other things, interim and permanent approval of a $0.45 per gigajoule delivery rate decrease for all customers, effective November 1, 2016 (Application);

B.      The Application also requests the approval of replacement term financing, the redemption of $100,000 of preferred shares, amendments to the cost of service formula and an increase to the rates for management services;

C.      On October 6, 2016, Commission Order G-155-16 established a regulatory timetable for review of the Application, which provided for one round of information requests with further process to be determined;

D.      On October 13, 2016, Silver Star Property Owners Association (SSPOA) registered as an intervener in the proceeding;

E.       By letter dated November 29, 2016, Stargas sought advance approval from the Commission on matters relating to the proposed replacement term financing;

F.       On December 1, 2016, Commission Order G-176-16 established a Streamlined Review Process (SRP) on December 14, 2016, with further process to be determined. The SRP was held in Vancouver, BC with Stargas and SSPOA participating;

G.     Following the SRP, on December 16, 2016, Commission Order G-192-16 approved the replacement term financing and redemption of the preferred shares;

H.      By letter dated December 20, 2016, SSPOA requests the Commission establish a regulatory timetable allowing for a further round of information requests; and

I.        The Commission has reviewed SSPOA’s request and finds the establishment of a regulatory timetable is warranted.

NOW THEREFORE the British Columbia Utilities Commission orders that the regulatory timetable established by Order G-155-16 is amended as set out in Appendix A to this order.

DATED at the City of Vancouver, in the Province of British Columbia, this      22^nd           day of December 2016.

BY ORDER

Original signed by:

R. I. Mason

Commissioner

Attachment

Stargas Utilities Ltd.

Application to Vary Delivery Rate, Amend Cost of Service Formula and

Approve Replacement Term Financing/Redemption of Preferred Shares

REGULATORY TIMETABLE