G-l00-94 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 West Kootenay Power Ltd. for an Increase in 1995 Revenue Requirements BEFORE: M.K. Jaccard, Chairperson; and ) K.L. Hall, Commissioner ) December 15, 1994 ORDER WHEREAS: A. On December 8, 1994 and as amended December 14, 1994, West Kootenay Power Ltd. ("WKp l ) applied for Commission approval to increase its Electric Tariff Rate Schedules by 1.6 percent on a permanent basis effective January 1, 1995; and B. WKP attributed the expected revenue deficiency to an increase in costs arising from the June 17, 1994 Decision on Revenue Requirements and the 1995 return on common equity authorized by the Commission's Return on Equity ("ROE") Decision as confirmed by Commission Letter No. L-39-94 dated December 2, 1994. The Application also accounted for a decrease in the cost of purchased power from its energy supplier, British Columbia Hydro and Power Authority, as directed by the Commission in its Decision and Order No. 0-89-94; and C. The Commission has reviewed the Application and finds that approval is necessary and in the public interest. NOW THEREFORE the Commission orders as follows: 1. The Commission approves for WKP a permanent increase in Electric Tariff Rate Schedules of 1.6 percent effective January 1, 1995. . . ./2
2 2. The Commission approves for WKP the amortization period of three years for the ROE hearing costs with 1994's amortization expense to be recovered in customer rates equally in 1995 and 1996. 3. WKP is to file for Commission approval, a policy statement, guidelines and budget for Research and Development costs by May 31, 1995. 4. WKP, by way of customer notice, is to provide all customers with an explanation for the increase in Electric Tariff Rate Schedules effective January 1, 1995. 5. The Commission will accept, subject to timely filing, amended Electric Tariff Rate Schedules III accordance with the terms of this Order. DATED at the City of Vancouver, in the Province of British Columbia, this day of December, 1994. BY ORDER Dr. Mark K. Jac:caJ~d Chairperson BCUC/OrdersIWKP-Incrs'95 RR
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