IN 'l'HE MATTE Act, S •• C. IN ent il t Comm ss n c. 0 amend SI
1 cat n o a Dec He a i s 0 i . v. ist ti i 0, 98 i h c i r f
e No. APPEARANCES LIST OF XH BI i) BACKGROUND. l RATES AND TARIFFS 3 ORDER 5 SCHEDULE I. I DULE II
J. McEwen ohn . Harmon Hea i t Comm taf Cou te i n Cou se i.e Hot Vancouver R.J. Fl te -
EXHI I'rS Exhi it No. Af it of LJames S. e 5, 1982 1 Dis i tion 81 2 Revis l ion of eat Distribut L it r , 198 3 B.C.U.C. Central H an Central t on L Letter Customer Dec 98 is e Ta le - Net of and Fuel Ex e Cost C s am fr: , 1 82. Assuming Boiler f 55% 7 int - Hote ver 3, 19 2 8 B.C.U.C. Que tionna Februa 8 to All Customers of Central Heat Distri tion L t Custome ies Fuel Clau Recover - Ef December 1, 73 and a 1 1982 ( i )
BACKGROUND c i i c t A i to i r ov ng r (90) commerc u s. e s am is B i fuel oil udies sourc continue it of provi r ur r on i s ace i n n II en r l t") s a f r. s r f r e se f r Fr te ec ive sumers, and i.ncrea ing the r n i r tur r t c t th em n c .
'rHE APPLICATION t r r 1 f 2 J 82 0 , su f iff the i clau cond i in • Th Commi n Or opo rate r n r ng. 0 this 1 t ta iff ndme t 1 nt. Or f r 10, fo st r nowl r te on of 1 nt an c t pr i of .25 14, t f I r 0 l i • G- 9 ·-su t t i f nt ing cu tome c r l t re ng t 1 the ter of 3 i n ouver. i a 82 th r , 1 81. s 1 % r
r. D. Harmo , on red a he hearing to 0 r tes inclusive Harmon sta ope rat ns and stat t iatel no t ff un e t f ev ustments have n pr sented Central He t. I, II and III th a rate of retur on r te i RATES AND TARIFFS After cons r th rates t riff , Comm ev ons: 1. e 12 i ter 82 conf rmed. 2 • re days, a to bi (24% per f Cent 3 f f e Ho 1 Vancou r, conce t solut 1 tme t cl use. r. ed it t e 0 1 r se t s 1 tomorr pu a ing, mat rial ed Schedu s i a pr ected ing 5.76% on c cant' equested es i on will f ing i , e feet ve Janua y 1, in le
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IN THE MATTER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and IN THE MATTER OF an Application by Central Heat Distribution Limited BEFORE: M. Taylor, Chairman; and J.D.V. Newlands, May 14, 1982 Deputy Chairman 0 R WHEREAS Central Heat Distribution Limited ("Central Heat") applied December 14, 1981 to amend its filed tariffs concerning the rates to be charged for steam service rendered by the Company in its service area, together with three other amendments to the wording of certain clauses in its filed tariff; and WHEREAS Commission Order No. G-90-81, dated December 21, 1981 authorized an interim increase of approximately 12% over then existing rates to become effective January l, 1982, with the interim increase subject to refund with interest at the average prime rate of t.he bank used by Central Heat; and WHEREAS pursuant to Commission Order No. G-31-82 the Application was considered by the Commission at a public hearing in Vancouver, B.C. on May 10, 1982. . .. /2 f1i TFLf:X
6 illTISH COLUMBIA UTiliTIES ORDER NUMBER 2 NOW THEREFORE the Commission hereby orders Central Heat Distribution Limited as follows: 1. The 12% interim increase, effective January 1, 1982 is confirmed. 2. The three proposed tariff amendments, embodied in clauses 5 and 8, and in the Discount Clause related to Air Conditioning in the Rate Schedule are accepted for filing except that in clause 5 the terms of payment should remain at thirty (30) days,and the monthly rate of interest applicable to billed amounts in default shall remain at 2% (24% per annum), until such time as each customer of Central Heat has received 60 days notice of the increase in such monthly rate of interest to 2-1/2% (30% per annt~). DATED at the City of Vancouver, in the Province of British Columbia, this /,YJi day of May, 1982. BY ORDER vl/~41 Chairmtn"
7 Revised Cornmi ss ion Aver
I ts the estimated amount of overhead to construction not for ication. Th is calculated 982 i ions of $136,000 X .5 = Contr ibut in Aid Construction were not fleeted in the ication as a rate base item. Balance December 31, 2,200 Estimated Balance December 3 , 982 Average
Revised Commission Steam sales ,281,055 Other income 48,900 Full cost recovery Fuel - natur 3,314,276 3,314,276 - oil ,091,584 1,091,584 Water 28,50 28,500 Chemicals 40,600 40,600 Power ,050 ,050 r. . abour costs 541, 00 )$ 9,415 550,515 Other oper an maintenance 56,000 56,000 General admin is tra tion 266,600 ( 3,600) 53,000 Taxes other than income 170,266 170,266 ia tion 4 Net Util Income Average Rate Base Rate of Return on Average Base
Increase in 1982 labour costs due to wage settlement occur after date of increase of % alr increase of 2.6% from 1, 198 of 2. % .67 = 1. 74% $541, 00 ts the amount of overhead constr fo:r the yea 2. total cost of construction January l, 1982 for. Further resul increase to Estima % of of ,600
11 Commission term debt-T.M.P.L. $ 16, 85 Long term debt-T. M. E. 500,000 term debt-'l'.D. Bank 1,450,000 Shor term debt 6 ,547 (a) ( Shareholder advances 591,264 Common Final % of Embedded Cost $ 16,985 .27 500,000 7.95 5% .40% 1, 50,000 23.07 18.5% 4. 27% 549,864 8.75 % .58% 591,264 9.41
12 (a) Reduction on short term debt to match cted coverage rate per Schedule I. (b) Increase in return which fleets Commission us tmen ts per the deci
DOCm<tEN'f SUMMARY Docurnen I : DOCUffiE:>nt Name: HEAT - ator: Au tho Comme l , 198 OPERA'riON DATE 'I' IME C eated 08 0 Last Re s Las Printed Last Ar ived Total ages: 1 'Total i e : 0 s to be nted: DECI ION WORKTIME EYS'fROKES : 3 5977 5:05 : 0 :1 :15 onto D skett 0006A t 1 me: 3:54 tal tro e 5932
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