BRIT ISH COLU MBIA UTIL IT IES COM MISSION ORDER NUMBER A ‐10‐08 SIXTH FLOOR, 900 HOWE STREET, BOX 250 TELEPHONE: (604) 660‐4700 VANCOUVER, B.C. V6Z 2N3 CANADA BC TOLL FREE: 1‐800‐663‐1385 web site: http://www.bcuc.com FACSIMILE: (604) 660‐1102 IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and An Application by Access Gas Services Inc. For Renewal of a Gas Marketer Licence BEFORE: P.E. Vivian, Commissioner September 25, 2008 A.A. Rhodes, Commissioner O R D E R WHEREAS: A. On August 22, 2008 Access Gas Services Inc. (“Access Gas”) applied to the Commission for a renewal of its Gas Marketer Licence. The Application for renewal of its Licence to Market Natural Gas (“Application”) included the payment of the $1,000 Application fee and an a $250,000 Letter of Credit, pursuant to items 2 and 3 respectively, of the Licence Requirements; and B. The Commission has reviewed Access Gas’ Application and relying upon the information and representations made by Access Gas, finds that renewal of its Gas Marketer Licence, subject to conditions, is warranted. NOW THEREFORE, pursuant to section 71.1(6) of the Utilities Commission Act the Commission orders as follows: 1. The Commission issues to Access Gas a Gas Marketer Licence for the period November 1, 2008 to September 10, 2009. 2. The Gas Marketer Licence is subject to the following conditions: 2.1 Access Gas will carry out the undertakings as set out in the Application for a Licence to Market Natural Gas dated August 22, 2008 and the Rules for Gas Marketers. 2.2 Access Gas will comply with the Code of Conduct and Rules for Gas Marketers and Rate Schedule 36 of Terasen Gas Inc. 2.3 Access Gas will maintain a Letter of Credit or acceptable substitute in full force and effect for the duration of the Licence. …/2
2 2.4 Access Gas will maintain a Working Capital position of at least $50,000 and a Current Ratio of current assets to current liabilities of at least 1.10. 2.5 The Commission may, at any time and without prior notice to Access Gas, amend or impose new terms and conditions on, suspend, or cancel the Gas Marketer Licence for reasons the Commission, in its sole discretion, deems and considers sufficient. 2.6 The Gas Marketer Licence and all copies of it shall remain the property of the Commission and Access Gas will return these documents forthwith upon written request from the Commission. DATED at the City of Vancouver, in the Province of British Columbia, this 25 Attachment Orders/A‐10‐08_Access Gas Licence Renewal BRIT ISH COLUMBIA UTIL IT IES COMMISSION ORDER NUMBER A‐10‐08 th day of September 2008. BY ORDER Original signed by A.A. Rhodes Commissioner
LICENCE NO. A‐10‐08 GAS MARKETER LICENCE Access Gas Services Inc. is granted a licence for the purpose of providing advice to, or acting on behalf of, a low volume consumer (1) purchasing gas directly in the Province of British Columbia subject to the terms and conditions contained in Commission Order A‐10‐08, which are set out in the reverse of the Licence. BRITISH COLUMBIA UTILITIES COMMISSION Original signed by _______________________________________ A.A. Rhodes, Commissioner ISSUED: September 25, 2008 EFFECTIVE: November 1, 2008 to September 10, 2009 (1) As described in the Rules for Gas Marketers
The Licence is subject to the following conditions: Access Gas will carry out the undertakings as set out in the Application for a Licence to Market Natural Gas dated August 22, 2008 and the Rules for Gas Marketers. Access Gas will comply with the Code of Conduct and Rules for Gas Marketers and Rate Schedule 36 of Terasen Gas Inc. Access Gas will maintain a Letter of Credit or acceptable substitute in full force and effect for the duration of the Licence. Access Gas will maintain a Working Capital position of at least $50,000 and a Current Ratio of current assets to current liabilities of at least 1.10. The Commission may, at any time and without prior notice to Access Gas, amend or impose new terms and conditions on, suspend, or cancel the Gas Marketer Licence for reasons the Commission, in its sole discretion, deems and considers sufficient. The Gas Marketer Licence and all copies of it shall remain the property of the Commission and Access Gas will return these documents forthwith upon written request from the Commission.
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