sy\ COI..U4,. ~\ «' ~~ Q;) ~ ' < J~n . ...~ I' Fe . ,"'.~ :.\ \ C ..-\ ,,-cJ ; t' J ! ! '~ ~ •. \ ., , .. /.~. .:"~.Y ?'/)- -. /~s cotJ\~ 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 Princeton Light and Power Company, Limited BEFORE: J.D.V. Newlands, Deputy Chairman; and N. Martin, Commissioner o R D E R WHEREAS a public hearing pertaining to Princeton Light and Power Company, Limited ("Princeton") commenced before this Commission at Princeton, B.C. on Wednesday, March 19, 1986 to hear, inter-alia, the following matter: (a) An Application dated September 9, 1985 for a 3.198% interim rate increase effective October 1, 1985 to its filed Tariff Rate Schedules. 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 Princeton Light and Power Company, Limited as follows: 1. The interim rates currently in effect since October 10, 1985 as authorized by Commission Order No. G-5-85 are hereby confirmed as being in excess of the 1986 test year Revenue Requirements of Princeton. 2. The Revenue Requirements of Princeton for the 1987 Test Year indicate a requirement for a 1.0% general increase effective April 1, 1986 over customer rates which were in effect immediately prior to October 10, 1985. 3. The Rate Base for the Test Year ending March 31, 1986 is approximately $2,045,000. FOURTH FLOOR. 800 SMITHE STREET VANCOUVER. B C V6Z 2E1 CANADA. TELEPHONE (604\ 660-4700. TELEX 04-54536 BRITISH COLUMBIA ~ )7 UTILITIES COMMISSION <! / . l ' , '' . ' ' ' ' 0 * i -: : ' -.. 0 ; " ,C:J ORDER NUMBER G-18-86 ) ) March 27, 1986 ) ) . .. /2
BRITISH COLUMBIA UTILITIES COMMISSION ORDER NUMBER G-18-86 2 4. The Rate Base for the Test Year ending March 31, 1987 is approximately $2,131,000. 5. The Commission will accept for filing, subject to timely presentation, revised Tariff Rate Schedules conforming to the Revenue Requirement for the 1987 Test Year, effective with consumption on and after April 1, 1986. The amended Tariff Rate Schedules will allow Princeton an opportunity to earn a rate of return on common share equity of approximately 14.5%, within a range of 14.0% to 15.0%. 6. Princeton is to proceed with refunds to its customers of record in the period October 10, 1985 through March 31, 1986 as specified in the Commission Decision issued concurrently with this Order. 7. Princeton will comply with the directions incorporated in the Commission's Decision. DATED at the City of Vancouver, in the Province of ;?;? ~ British Columbia, this day of March, 1986. BY ORDER
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