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 the Deferred Exchange Agreement between Terasen Gas Inc. and Avista Corporation BEFORE: L.F. Kelsey, Commissioner P.E. Vivian, Commissioner O R D E R WHEREAS: A. On July 11, 2007 the Commission, by Letter No. L-58-07, accepted the Terasen Gas Inc. (“TGI”) 2007/08 Annual Gas Contracting Plan; and B. On May 15, 2008, TGI filed with the Commission for acceptance the term sheet that outlines the Deferred Exchange Agreement between TGI and Avista Corporation; and C. The Commission has reviewed the TGI filing and is satisfied that the term sheet for the Deferred Exchange Agreement is appropriate and in the public interest. NOW THEREFORE pursuant to Section 71 of the Utilities Commission Act and the Commission’s Energy Supply Contract - Rules, the Commission accepts the term sheet for the Deferred Exchange Agreement and TGI is to file with the Commission the executed copy of the Deferred Exchange Agreement between TGI and Avista Corporation. DATED at the City of Vancouver, in the Province of British Columbia, this 29 Orders/E-11-08_TGI Deferral Exchange Agrmnt with Avista Corp BRITISH COL UMBIA UTILITIES COM MISSION ORDER NUMBER E -11-08 TELEPHONE: (604) 660-4700 BC TOLL FREE: 1-800-663-1385 FACSIMILE: (604) 660-1102 May 29, 2008 th day of May 2008. BY ORDER Original signed by: L.F. Kelsey Commissioner
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