B R I T I S H C O LU M B I A U T IL I T I E S C O M M IS S I O N O R D ER N U M B ER P-5-97 SIXTH FLOOR, 900 HOWE STREET, BOX 250 a TELEPHONE: (604) 660-4700 VANCOUVER, B.C. V6Z 2N3 BC TOLL FREE: 1-800-663-1385 CANADA FACSIMILE: (604) 660-1102 IN THE MATTER OF the Pipeline Act, R.S.B.C. 1996, c. 364 and An Application by Trans Mountain Enterprises of British Columbia Limited for Approval of Revised 1997 Tolls on its Jet Fuel Pipeline BEFORE: K.L. Hall, Commissioner ) F.C. Leighton, Commissioner ) September 4, 1997 O R D E R WHEREAS: A. On AugustÊ1, 1997 Trans Mountain Enterprises of British Columbia Limited ("TME") applied to the Commission, pursuant to SectionÊ44 of the Pipeline Act ("the Act"), for approval of a 14.6Êpercent increase in its Tolls on the Jet Fuel Pipeline effective JulyÊ1, 1997 ("the Application"); and B. The Application is required as a result of an estimated 9.4Êpercent drop in throughput for 1997, an increase in operating expenses and income taxes and, an increase in the approved 1997 Return on Equity to 10.67Êpercent previously estimated to be 10.5Êpercent which was reflected in Commission Order No.ÊP-2-97; and C. The Commission has reviewed the Application and finds that a decision on TME's 1997 tolls is required. NOW THEREFORE the Commission orders as follows: 1. The Commission approves, pursuant to SectionÊ44 of the Act, a 14.6Êpercent increase in tolls on the TME Jet Fuel Pipeline effective JulyÊ1, 1997. 2. TME is to provide all shippers on the Jet Fuel Pipeline with a copy of this Order and approved tolls. DATED at the City of Vancouver, in the Province of British Columbia, thisÊÊÊÊ``thÊÊÊÊday of September, 1997. BY ORDER Original signed by: Kenneth L. Hall Commissioner ORDERS/TME-'97 TollsRevision
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