G-100-93 SIXTH FLOOR, 900 HOWE STREET, BOX 250 TELEPHONE: (604) 660-4700 VANCOUVER, B.C. V6Z 2N3 BC TOLL FREE: 1-800-663-1385 CANADA FACSIMILE: (604) 660-1102 AN ORDER IN THE MATTER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and An Application by Centra Gas British Columbia Inc. BEFORE: M.K. Jaccard, Chairperson; and ) L.R. Barr, Deputy Chairperson ) October 20, 1993 ORDER WHEREAS: A. On September 30, 1993 Centra Gas British Columbia Inc. ("Centra Gas") filed with the Commission for approval its Buy/Sell Gas Purchase Contract ("the Contract") and Reference Price Factors, pursuant to Order No. G-13-93 and the Commission's Decision on the Rules concerning Natural Gas Supply Contracts; and B. In its filing, Centra Gas requested approval of two deferral accounts to accumulate the differences between actual and forecast costs as a result of direct purchases of natural gas by the core market; and C. Centra Gas based the Contract on the Buy/Sell Contract developed by BC Gas Utility, which was filed on October 7, 1993 and approved by Commission Order No. G-99-93; and D. The Commission has reviewed the Contract Reference price methodology and deferral accounts and is satisfied that its approval is necessary and in the public interest. NOW THEREFORE the Commission Orders as follows: 1. The Commission approves for Centra Gas the Buy/Sell Gas Purchase Contract, subject to timely filing of a revised contract that includes the appropriate changes as found in the BC Gas Utility Buy/Sell Gas Purchase Contract approved by Commission Order No. G-99-93.
2. Centra Gas is to file as soon as possible its Reference Price Factors for the 1993/94 contract year for the Vancouver Island service area using the methodology set out in its September 30, 1993 Application. 3. The payment of the Unit Fixed Charge for the Vancouver Island service area is to commence only at the start of a Contract Year. 4. The Commission approves for Centra Gas for the Vancouver Island service area the use of a deferral account to record the incremental administration costs resulting from direct purchasing by the core-market using buy/sell contracts and the administration fees under buy/sell contracts, with the disposition of the net amount recorded to be considered at a future time. 5. The Commission approves for Centra Gas for the Vancouver Island service area the use of a deferral account to record differences between the payments for buy/sell purchases and the cost of buying an equivalent amount of gas under base load contracts, with the disposition of the amount recorded to be considered at a future time. 6. Centra Gas is to file Reference Prices for the Fort St. John service area for the 1993/94 contract year as soon as possible but no later than October 30, 1993, using the methodology set out in its September 30, 1993 Application. DATED at the City of Vancouver, in the Province of British Columbia, this BCUC/Order/CG-GasPurchaseContracts 2 G-l0Q::-93 day of October, 1993. BY ORDER f r~ Dr. Mark K. Jacc / ard Chairperson
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