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 Filings by Terasen Gas Inc. regarding its 2009 Third Quarter Gas Costs Report and Rate Changes effective October 1, 2009 for the Lower Mainland, Inland, Columbia Service Areas BEFORE: L.F. Kelsey, Commissioner P.E. Vivian, Commissioner O R D E R WHEREAS: A. By Order G‐23‐09 dated March 12, 2008 the British Columbia Utilities Commission (the “Commission”) approved a decrease in the Commodity Cost Recovery Charge for the Lower Mainland, Inland, and Columbia Service Areas, effective April 1, 2009; and B. On September 3, 2009 pursuant to Commission Letter L‐5‐01 Terasen Gas filed its 2009 Third Quarter Report on Commodity Cost Reconciliation Account (“CCRA”) and Midstream Cost Reconciliation Account (“MCRA”) balances and gas commodity charges for the Lower Mainland, Inland and Columbia Service Areas effective October 1, 2009 that were based on August 24, 2009 forward gas prices (the “2009 Third Quarter Report”); and C. The 2009 Third Quarter Report forecasts a CCRA balance at existing rates of approximately $67 million surplus after tax at September 30, 2009 and a balance of approximately $64 million surplus after tax at September 30, 2010; and D. The 2009 Third Quarter Report forecasts that commodity cost recoveries at existing rates would be 120.4 percent of costs for the following 12 months; and requests a decrease of $1.009/GJ to the Commodity Cost Recovery Charges from $5.962/GJ to $4.953/GJ for natural gas sales rate class customers in Lower Mainland, Inland, and Columbia Service Areas effective October 1, 2009; and BRIT ISH COL UMBIA UTIL IT IES COM MISS ION O RDER NUMBER G ‐105‐09 TELEPHONE: (604) 660‐4700 BC TOLL FREE: 1‐800‐663‐1385 FACSIMILE: (604) 660‐1102 September 10, 2009 …/2
BRIT ISH COLUMBIA UTIL IT IES COMMISS ION ORDER NUMBER G‐105‐09 2 E. The 2009 Third Quarter Report forecasts MCRA balance at existing rates of approximately $41 million deficit after tax at December 31, 2009; and a balance of approximately $40 million deficit after tax at December 31, 2010; and F. The CCRA rate change would decrease Lower Mainland Rate Schedule 1 rates by $1.009/GJ, which would reduce a typical residential customer’s annual bill by approximately $96 or 9.0 percent, with an average annual consumption of 95 GJ; and G. The Commission has determined that the requested change as outlined in the 2009 Third Quarter Report should be approved. NOW THEREFORE pursuant to Section 61(4) of the Utilities Commission Act, the Commission orders as follows: 1. The Commission approves the proposed flow‐through decrease to the Commodity Cost Recovery Charges for Sales Rate Classes within the Lower Mainland, Inland, and Columbia Service Areas, effective October 1, 2009, to a rate of $4.953/GJ as set out in the 2009 Third Quarter Report. 2. The Midstream Cost Recovery Charges remain unchanged. 3. Terasen Gas will notify all customers that are affected by the rate changes with a bill insert or bill message to be included with the next monthly gas billing. DATED at the City of Vancouver, in the Province of British Columbia, this 10 th day of September 2009. BY ORDER Original signed by: L.F. Kelsey Commissioner Orders/G‐105‐09_TGI_3 rd Qtr Gas Costs Report (Lwr. Mainland)
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