ROBERT J. PELLATT COMMISSION SECRETARY Mr. D.M. Masuhara Vice President Legal and Regulatory Affairs BC Gas Utility Ltd. 1111 West Georgia Street Vancouver, B.c. V6E4M4 Dear Mr. Masuhara: Re: BC Gas Utility Ltd. Gas Cost Reconciliation Account ("GCRA") Amortization Mechanism Further to your letter of January 31, 1995 regarding the GCRA, the Commission accepts that minimum balances need not be retained in deferral accounts as set out in Section 2.5 of the presently approved GCRA mechanism and can be replaced in favour of a review of the end-of-year GCRA and RSAM balances and the impact the amortization has on customers' rates in the following year. The Commission continues to support the three-year amortization of account balances while also recognizing the advantage acknowledging special circumstances. DWElmmc BCG/Cor/GCRA Amort'nMechsmLETTER NO. L-12-95 SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. CANADA V6Z 2N3 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 April 3, 1995 Yours truly, Original signed by Author Robert J. Pellatt
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