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. for Approval of Deferral Accounts for Integrated Resource Planning Costs BEFORE: M.K. Jaccard, Chairperson; and ) L.R. Barr, Deputy Chairperson ) November 18, 1994 ORDER WHEREAS: A. On October 25, 1994 Centra Gas British Columbia Inc. ("Centra Gas") applied, pursuant to Section 63(6) of the Utilities Commission Act, for approval to establish deferral accounts for Integrated Resource Planning ("IRP") costs incurred with respect to the preparation of IRPs for its Fort St. John and WhistlerlPort Alice Districts; and B. The Application requested that the balances in the IRP accounts be approved to maximum amounts of $90,000, attract interest at Centra Gas' short-term interest costs, with the disposition of such balances to be dealt with at the next revenue requirements application for each district; and C. The Commission has reviewed the application and finds a lesser amount than applied for in this instance should be approved, and that the utility should reallocate existing utility resources to carry out the remainder of the IRP functions. NOW THEREFORE the Commission orders as follows: 1. The Commission approves for Centra Gas the establishment of deferral accounts to record actual IRP costs of up to $80,000, which is marginally less than Centra Gas' budget of estimated expenses, for both the Fort St. John and Whistler/Port Alice Districts. 2. The deferral account balances will attract interest at Centra Gas' average short-term interest rate, the disposition of which will be dealt with at the next revenue requirement application and public hearing. DATED at the City of Vancouver, in the Province of British Columbia, this day of November, 1994. BY ORDER BCDC/Orders/CG-DfrlAccts-IRP
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