SIXTH FLOOR, 900 HOWE STREET, BOX 250 VANCOUVER, B.C. V6Z 2N3 CANADA web site: http://www.bcuc.com IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by Terasen Gas Inc. for Approval of Amendments to the Buy/Sell Reference Price Methodology for November 2003 to October 2004 BEFORE: R.H. Hobbs, Chair R.D. Deane, Commissioner O R D E R WHEREAS: A. The Commission, by Order No. G-61-95, approved for BC Gas Utility Ltd., now known as Terasen Gas Inc. (“Terasen Gas”), Reference Price Factors for Buy/Sell Energy Supply Contracts; and B. On July 30, 2003, Terasen Gas applied to modify the standard Buy/Sell Reference Price calculations and include Term Gas Purchases of one month, or greater, to ensure a true reflection of current market practices and Terasen Gas’ contracting strategy effective for the period November 1, 2003 to October 31, 2004; and C. The Commission has reviewed the proposed revisions to the Buy/Sell Methodology and finds that it should be approved. NOW THEREFORE the Commission approves for Terasen Gas a revision to the Buy/Sell Reference Price Methodology for the period November 1, 2003 to October 31, 2004. DATED at the City of Vancouver, in the Province of British Columbia, this 15 Order/TGI/Buy/Sell Ref Pr Method BRITISH COL UMBIA UTILITIES COM MISSION ORDER NUMBER G -58-03 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 ) ) September 4, 2003 th day of September 2003. BY ORDER Original signed by: Robert H. Hobbs Chair
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