LETTER NO. L-36-03 ROBERT J. PELLATT SIXTH FLOOR, 900 HOWE STREET, BOX 250 COMMISSION SECRETARY VANCOUVER, B.C. CANADA V6Z 2N3 Commission.Secretary@bcuc.com TELEPHONE: (604) 660-4700 web site: http://www.bcuc.com BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 Log No. 3169 VIA FACSIMILE July 17, 2003 Mr. Ross Curtis Assistant Deputy Minister Oil and Gas Division Ministry of Energy and Mines 8th Floor 1810 Blanshard Street PO Box 9330 Stn Prov Govt Victoria, B.C. V8W 9N3 Dear Mr. Curtis: Re: Terasen Gas (Squamish) Inc. (formerly Squamish Gas Co. Ltd.) Review of 2002 Actual Results Pursuant to the Squamish Rate Stabilization Agreement The Commission has reviewed the Terasen Gas (Squamish) Inc. May 9, 2003 filing of 2002 actual results pursuant to the Squamish Rate Stabilization Agreement (“Squamish RSA”). The 2002 actual results are reasonable and in accordance with Section 3 of the Squamish RSA, the April 1997 Settlement Agreement and the return on common equity allowed for Terasen Gas (Squamish) Inc. by Commission Order No. G-85-98. Yours truly, Original signed by: Robert J. Pellatt PWN/yl cc: Mr. Scott Thomson Vice President Finance and Regulator Affairs Terasen Gas (Squamish) Inc. TGI-SQG/Cor/Squamish RSA - MEM
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