LETTER NO. L-31-04
SIXTH FLOOR, 900 HOWE STREET, BOX 250
ROBERT J. PELLATT
VANCOUVER, B.C. CANADA V6Z 2N3
COMMISSION SECRETARY
TELEPHONE: (604) 660-4700
Commission.Secretary@bcuc.com
BC TOLL FREE: 1-800-663-1385
web site: http://www.bcuc.com
FACSIMILE: (604) 660-1102
Log No. 5861, 6181, 6251
VIA E-MAIL
regulatory.affairs@terasengas.com
May 14, 2004
Mr. Scott Thomson
Vice President, Finance and Regulatory Affairs
Terasen Gas Inc.
16705 Fraser Highway
Surrey, B.C. V3S 2X7
Dear Mr. Thomson:
Re: Terasen Gas (Whistler) Inc. and Terasen Gas Inc. – Revelstoke Grid System
Propane Gas Contracting Plan and Price Risk Management Plan
On March 26, 2004 Terasen Gas Inc. filed a Gas Contracting Plan (“GCP”) and Price Risk Management
Plan (“PRMP”) that applied to both Terasen Gas (Whistler) Inc. and Terasen Gas Inc.’s Revelstoke
Propane Grid System for the period April 1, 2004 to March 31, 2005. The objectives supporting these
strategies were further clarified in a subsequent letter dated May 3, 2004 and the Commission notes that
the electricity equivalent price is very competitive with propane. The key contracting decisions for the
2004/05 GCP for both the Whistler and Revelstoke grid systems are outlined on page 3 and the PRMP
for both locations are outlined on page 4.
The Commission accepts the 2004/05 GCP and PRMP for both the Whistler and Revelstoke propane
grid systems and the Commission will hold the information confidential. Once the two proposed
contracts; Link Petroleum Services Ltd. and Terasen Gas (Whistler) and MP Energy Partnership and
Terasen Gas Inc. Revelstoke Grid System are completed, the Commission will examine them for
acceptance in accordance with Section 71 of the Utilities Commission Act.
Yours truly,
Original signed by:
Robert J. Pellatt
RB/mmc
TGW/Cor/TGW-TG(Revelstoke) Gas Cntrg Plan & Price Risk Mgmt Plan
You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.