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 (Squamish) Inc. for Approval of Natural Gas Customer Rates BEFORE: L.F. Kelsey, Commissioner O R D E R WHEREAS: A. On September 8, 2005, Terasen Gas (Squamish) Inc. (“Squamish”) applied to the Commission for approval to amend the bottom end of the range for the Competitive Range Rate (“CRR”) to $11.26/GJ effective October 1, 2005 (“the Application”) under terms of the Squamish Rate Stabilization Agreement. The amendment is strictly administrative as there are no customers in the bottom of the CRR rate schedule; and B. Pursuant to Section 5.01(d) of the Squamish Rate Stabilization Agreement between the Province and Terasen Gas (Squamish) (“the Squamish RSA”), the Terasen Gas (Squamish) natural gas rate is set based on the competitive fuel price. Under the Squamish RSA, rates are set at the lessor of the Competitive Fuel Oil Price less a stated discount and the upper end is based on 67 percent of the British Columbia Hydro residential trailing block rate. The Application provides that the minimum rate that can be charged to natural gas customers is $11.26/GJ under the CRR schedule; and C. The Commission has reviewed the Terasen Gas (Squamish) application and finds the approval is warranted. NOW THEREFORE the Commission orders as that the bottom of the range within the Competitive Range Rate schedule is increased from $10.25/GJ to $11.26/GJ or 9.85 percent. DATED at the City of Vancouver, in the Province of British Columbia, this 15 Order/TGS_Third Quarter Gas Costs Report BRITISH COL UMBIA UTILITIES COM MISSION ORDER NUMBER G -89-05 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 September 15, 2005 th day of September 2005. BY ORDER Original signed by: L.F. Kelsey Commissioner
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