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 MAT IER OF the Utilities Commission Act, S.B.C. 1980, c. 60, as amended and An Application by West Kootenay Power Ltd. BEFORE: M.K. Jaccard, Chairperson; and ) L.R. Barr, Deputy Chairperson ) June 25, 1993 WHEREAS: A. On June 18, 1993, West Kootenay Power Ltd. ("WKP") applied to the Commission, pursuant to Section 67(4) of the Utilities Commission Act ("the Act"), to pass-through to all customers an increase in the British Columbia Corporation Income Tax rate and an increase in the Company's 1993 property taxes payable over and above those provided for in the Commission's Decision and Order No. G-41-93 which approved WKP's 1993 Revenue Requirements; and B. The rate increase otherwise required to recover the increased costs in 1993 would be 5.22 percent; and C. WKP has instead requested that the interim increases of 8.7 percent and 4.8 percent for 1992 and 1993 remain intact and be made firm as of January 1, 1993. If the 1992 and 1993 interim increases were made firm as of January 1993, the rate increase required as of July 1, 1993 would be 1.72 percent; and D. The Commission has reviewed the Application and supporting documentation and is satisfied that approval of an increase in WKP's electrical rates is necessary and in the public interest. NOW THEREFORE the Commission orders as follows: 1. Pursuant to Section 67(4) of the Act, the Commission approves for WKP amended Electric Tariff Rate Schedules that will confirm as firm the interim increases of 8.7 percent and 4.8 percent effective January 1,1993 and confirm as firm an additional across-the-board rate increase of 1.72 percent effective July 1, 1993. 2. In accordance with the Commission's Decision and Order No. G-41-93, WKP is to proceed with refunds of the 1992 overcollection as soon as possible. 3. The Commission will accept, subject to timely filing, Electric Tariff Rate Schedules amended in accordance with the Application and terms of this Order. 4. WKP is to inform all customers of the rate increase effective July 1, 1993 and its effect on monthly electricity bills. DA TED at the City of Vancouver, in the Province of British Columbia, this day of June, 1993. BY ORDER Dr. Mark K. Jaccard Chairperson BCUC/OrderIWKP-PropTaxes-1993
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