LETTER NO. L-30-03 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. 3435 VIA FACSIMILE (604) 592-7890 June 26, 2003 Mr. Scott Thomson Vice President Finance and Regulator Affairs Terasen Gas Inc. 16705 Fraser Highway Surrey, B.C. V3S 2X7 Dear Mr. Thomson: Re: Terasen Gas Inc. (“Terasen Gas”) Second Quarter 2003 Report Revelstoke Propane Costs Deferral Account Terasen Gas’ Second Quarter 2003 Report dated June 9, 2003 indicates that the Revelstoke Propane Deferral Account is in a credit balance and a rate change is not required. The Commission notes that Terasen Gas intends to implement a propane price risk management plan over the next two months and once a fixed price for winter consumption has been established, the impact on rates will be more certain in the next quarter. Therefore, the Commission accepts Terasen Gas’ recommendation that propane rates remain unchanged at this time. Yours truly, Original signed by: Robert J. Pellatt RJP/ssc TGI/Cor/RevelstokePropCostDefAcct
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