, ~ \s'c\ CO(u4,. BRITISH COLUMBIA ~ «' ~.~ .... ~ ~\ V UTILITIES COMMISSIO~ Q;) C .J ~ A ' >::;'>-":',;:;"'f.:' .", .. !_ .... c;,. " 1 '" : -- ~::p~ "':f2i~:Z 0 ~ t'_,~. . .>ci q /;;~ ....., c., ORDER S COW\"" NUMBER G-16- 86 PROVINCE OF BRITISH COLUMBIA BRITISH COLUMBIA UTILITIES COMMISSION IN THE MATTER OF the utilities Commission Act, S.B.C. 1980, c. 60, as amended and IN THE MATTER OF an Application for Rate Relief by Columbia Natural Gas Limited BEFORE: M. Taylor, ) Chairman; ) D.B. Kilpatrick, ) March 18, 1986 Commissioner; and ) N. Martin, ) Commissioner ) o R D E R WHEREAS a public hearing pertaining to Columbia Natural Gas Limited ("Columbia") commenced before this Commission at Cranbrook, B.C. on Tuesday, October 1, 1985 to hear, inter-alia, the following matters: (a) An Application dated May 31, 1985 for a 2.49% interim rate increase to its filed Tariff Rate Schedules effective July 1, 1985, as amended during the hearing to a requested increase of 2.53%. WHEREAS the Commission has considered the Application and the evidence adduced thereon, all as set forth in a Decision issued concurrently with this Order. NOW THEREFORE the Commission hereby orders Columbia Natural Gas Limited as follows: 1. The mid-year Rate Base for the Test Year ending June 30, 1986 shall be approximately $13,125,000. . .. /2 CC)U"lTH FLOOq 800 S"'iTHE ST'1EET VA'iCOUVER B C V6Z 2E' CA'iA'JA TELEPHONE !60'" 600·A7GO TELEX 04-54536
BRITISH COLUMBIA UTILITIES COMMISSIO~ ORDER NUMBER G-16- 86 2 2. The Total Revenue Requirement for the Test Year ending June 30, 1986 shall be approximately $31,457,000. 3. The interim rates in place since July 1, 1985 included an interim increase of 2.49%. Following a full review the Commission has determined that an increment of 1.93% is appropriate, and a refund to customers is therefore required. 4. Columbia is to proceed with refunds to its customers of record in the period July 1, 1985 through March 31, 1986 as specified in the Commission Decision issued concurrently with this Order. 5. The Commission will accept for filing, subject to timely presentation, revised Tariff Rate Schedules conforming to the above-noted Revenue Requirement, effective with consumption on and after April 1, 1986. The amended Tariff Rate Schedules will allow Columbia an opportunity to earn a rate of return on common share equity of approximately 14.75%, within a range of 14.25% to 15.25%. 6. Columbia will comply with the directions incorporated in the Commission's Decision. DATED at the City of Vancouver, in the Province of British Columbia, this III!. day of March, 1986. BY ORDER f~~ Chairman
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