IN THE IN THE MATTER
o. AL OR NO. II III Income SCHEDULE IV eturn al N
A • WALLACE DR. • TI MI R.J. GI R.J. ion ALL EST REPORTING LTD. Court
No. G-1 e 2 ation on Cost A C()St Intervention Util o. 3A 4A 4B it 5 7 8 - ICG Utilities to 10 : Annual 11 4 E 15
u Utilities Income Letter mi Letter 1 Exhibit N 17 20 21
on Mav J. ano '· l'::loJ ouver, Bri on J 20 and The of the an; J.D.V. Novem of ICG its tarl!ts was ort ~t. t'lr1t1sn 15, was of M. N.
I. I ICG Utilities Ltd., operates a di to surrounding area N The Applicant ooerates as a di which also Utilities of Utilities td. turn is of W This Decision with Applications dated N 25.7¢ per M which was per similarly to customers e an increase 16.4¢ M cf was mission No. 23.1¢ M for all customers for w a interim increase was I, 1983. letter of January 7, I granted subject to with which Applicant conducts Order No. by Commission 1983, Order No. and set 1983 in St. John. (the ant") in the Convenience and in Alberta N Inter-City for rate to be effective Decem i, 2 1, 1983 all ("Scurry-Rainbow"), which 1' 1 December 2 a both rate is with a I. rate was at rate rate adjustments may by No. 4-83 awarded in down hearing on May
appl on requesting the to No. 3. an immediate further interim increase of 20<i oer Mcf to aLl customers e nbow the total 9 the permanent in its case was Vice- and General D.G. General of ICG Utilities ICG Assistant Tr of ter as to financial on a al year. ICG Utilit Ltd. by Uti! ount over l 0 years in 3 pursuant to A , vary or eases to R.B. , as . was to rate return. test ' 1983, $j)U,)UL on benan or an to serve costs to tize 3.
In Tumbler R Decision of Aprill, 1982 disposition ng costs would of each utility i in A prepared to Applicant's system. utilities to recover such applications, less of outcome, the Commission shareholders from any risk Commission has concluded such costs are properly the and w111 exc and cost of Included in Rate Base is an amount of $102,250 for the computer systems. While to be advised of significant enditures planned costs of which will to IV. R _E _VE _N _UE _ A , ND E N ~--The Applicant a 1983 the Commission The uncertai the customer. cost at a le make-up provision. under the purchase Scurry-Rainbow is gas not taken below the 3 mission that considered at next rate Application. Commission concludes it is not such costs from customers of costs with shield oass burden to the consumers. The of shareholders costs of $350,502 rate base of Com ssion the me forecast for the o.<;e of setting the 1 983 rates. to Scurry-Rainbow, a sales volUme and take-or-pay, being no ver w take no y for for
w minor a-;t 47. from l to ~ of the increase to It 2 year took a With to future Commission will ntenance and are v. CAPITAL STRUCTURE AND as a on actual is 5 ' With to the Fort John notional al stru equity. With deferred taxes and eauitv comoonents and costs costs to a was not was made nue to the cannot years to OF APITAL L structure ant a
With taxes also deducted from the Rate Base the structure compares to a 63% % of 1982. no in the ness or justify a from structure. With to cost of Commission at 13.61%, amended rate witness. w to return on structure and equity the A revenue 16% was a rate of return on common however with the it al structures for purposes taxes based upon 11 notional" the Applicant next makes given to a of VI. OF T ----------~------,--------Dr. mins, on His intervention told of of natur 5 structure per the Commission to of rate of return al for the nt a of 5 use of onal of income costs. When al rate JOHN _ _ .. ·- _ .... ·-St. given in can to
The Commission Dr. echos his concern that mus mi of sound of conservation. VII. NS TEN From 1981 to 1983, Applicant's rate base same approximately other costs rest can recouped onlv customers. Certain projects the Gas Extension other projects were examined on an were filed as Exhibit 21. Keturn on and return on Commission's view is that the construction of uneconomic extensions has been cause of utility induced rate increases over the last two years. w the service area to manner will not for his ze rate use the Applicant to examine nation by 39%, while in the 21%. rate oase Del recovered tnrou~n new n12: of stance was 4% for .P. was 18% 6% carried out a exi s tin£ users of
7 The ssion has a cr to net revenue stream out nue monitor VIII. The ms the im as reaso rates Applicant. revenue on an annuali y $7.3 DATED at the of Vancouver, in the of {!J- of 3.
-<.,\'f:J\"1 COt..<.; <i: '111 ([) ~ )1 s PROVINCE OF BRITISH COLUMBIA BRITISH COLUMBIA UTILITIES COMHISSION IN THE MATTER OF the Uti ties Commission Act, S.B.C. 1980, c. 60, as amended and N THE MATTER OF an Application CG Uti e (P ns-Western) BEFORE: M. Taylor, Chairman; J.D.V. Newlands, December 5, 1983 Deputy Chairman; and N. Martin, Commissioner -0 R D - E -R WHEREAS a public hearing pertaining to ICG Utilities (Plains-Western) d. ("ICG") commenced before this Commission at Fort St. John, B.C. on Tuesday, May 3, 1983 to h('a , inter ali , an Application dated November 24, 198 for inter m increases to its i Tariff Rate Schedules effective December 1, 1982 and January 1, 1983 respectively. WHEREAS the Comni sian authorized a 23.1 cents/Me£ interim general rate increase effective January l, 983 and a further 20 cents/Me£ interim general rate increase effective March 25, 1983, with bo h interim increases subject to refund; and WHEREAS the Commission nas cons lion and the evidence adduced thereon, all as set forth in a Decision issued concurrently with this Order. . .. /2 Nl \111 H 2l/ !!;t
NOW THEREFORE lhe Commission hereby orders ICG Utilities (P ains-Western) Ltd 1. The interim rates currently in effect as author zed by Commission Orders No. G-90-82, effective January 1, 1983; and G-20-83, effec ve March as firm increases. The Rate Base for the Test Year ending December 31, 1983 is approximately $5,900,000. 3. The tota Revenue Requirement for the Test December 31, 4. The Commission dl.rects ICG to file revised Tariff Rate Schedules to reflect the rates resulting from the December 5, 1983 Commission Decision. The amended Tariff Rate Schedules will allow ICC an opportunity to earn a rate of return on common share equity of 15.5%. DATED at the City of Vancouver, in the Province of British Columbia, this /1 '" ORDER NUMBER G-2 as follows: 5, 1983 are hereby confirmed 983 is approximately 1 day of December, 983. BY ORDER (/;!){pi; Chairman 1 /
Gross Plant in Service, inning of Year $ Accumulated iation, inning of Year Net Plant in Service, inn of Year Gross Plant in Service, End of Year Accumulated iation, End of Year Net Plant in Service, End of Year Net Plant in Service, Mid-Year Head Office Net Plant Allocation Less: Customer Contributions Mid-Year Total Net Plant in Service, Mid-Year Cash Inventory, Mid-Year , Mid-Year Unamortized Rate Hear Costs, Mid-Year Deferred System t ts, Deferred Costs, Customer its, Mid-Year Total Work Less Deferred Taxes Total Rate Base ~~~~ (a) To reflect actual hear costs. (b) To remove Tumbler Ridqe costs. Final Final Commission ts ,143,795 $ $7,143,795 8,052,195 8,052,195 6:_;;:;_,;...;:..,:_;_;;;= 399,856 399,856 --'-""-'-=-' 4 6 4 .;;_:_.;_;;.;_;;.z..;;;= 3 113,810 113' 810 182,100 182,100 3,300 3,300 44,597 5,3 5 (a) 49,912 , 2 332,977 332,977) ) (121,000) 658,034 ) (196, 4_00)
Gas sales volume ) Revenue remen t Cost of gas 4,956,200 and Maintenance Mun ici taxes Amortization iation Other utilitv revenue TOtal expenses Net util income before taxes Deduct income taxes (Sch. II Earned return Utility Rate Base Schedule Rate of Return on ted Rate Base (a) Final tment resul from the Dec is ion. TO adius t for related costs. To reflect actual hear costs. ustments which were not carried forward from Exhibit 4A re write-off of rate hearinq costs. Deletion of anortization of Tumbler LTD. Final Final Commission ted ustments -=~ a) :b:~~~'"" 4,956,200 957,000 (1 ,400) (b) 10,628 (c) 4,986 ) 971,214 168,700 - 168,700 44,400 (35,100) ) 9,300 198,800 - 198,800 __ , ___ ,900) 20, 886) 6,253,314 cos .
Final Net u til income Schedule II) Deduct: Interest expense Net income before timing differences Add: tion 198,800 Amortization 44,400 Write-off Rate Hear Cos 35,200 278,400 Deduct: Cost Allowance 248,679 t Costs sian Costs 280,394 Rate Hearing Costs 34,400 Overhead italized 67 Taxable Income after Tax Income Tax $ Taxable Income before Tax $ ) Resul from ustments ) , (c), (b) Debt portion of rate base: ,848,085 x 8.57% Exclusion of Tumbler costs. (d) ustments which were not carried forwa (e) Reflectinq acutal hearinq costs. Commission ,933 $(66,072) (a) $ 836,86 (b) 198,800 (35,100) 9,300 4,986 (e) .::..;:::_.r..;:;..::..:::._. (19,486) 30,321 ) 279,000 9,300 9,300 (280,394) 10,000 44,400 ) and ) • from Exhibit 4A.
~~~~~~~~~-~~~~~~ .. 1983 Per Debt $3,728,368 Deferred Taxes 196,400 Common tv Total is ion Rate Base Debt , 84,294 Common Eau i tv 2,163,791 Total ~~:.::::. IV We 58. 6 13.70 7.97 3.07 0.00 0.00 16.00 6.20 We 63.0 13.61 .57 5.50
198 1982 Actual Actual Exhibit 3C, Tab 8, 8.01-01 - Total ses 30,300 ,300 Cost per Customer Exhibit. 3C, Tab 8, 8.03.0 - Total Maintenance Expenses $ 47,200 $ 78,300 Cost per Cus tome Exhibit 3C, Tab 8, 8.05.01 ·-Total Admin is tr ati ve Expenses ,000 $555,300 Cost per Customer Total $638,500 $803,900 Cost per Customer 1983 % 9,900 $ 40,000 31% $ 29,600 17% $ 91,800 $ 31,100 66% $ 13,500 17% $654,300 $ 94,300 20% $ 99,000 % $12.46 ,400 26% $142,100 18%
Document : Document Decem 13, 1 3 N TIM l Total to be s TIM KEYSTROK :10 onto 0062A II: 7656
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