BRIT I SH COLUMBIA UTIL I T I ES COMMISS ION ORDER NUMBER G‐135‐09 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 Stargas Utilities Ltd. 2009 Application to Alter Rates, Refinance and Acceptance of Gas Supply Contract BEFORE: L.F. Kelsey, Commissioner D.A. Cote, Commissioner November 19, 2009 P.E. Vivian, Commissioner O R D E R WHEREAS: A. The British Columbia Utilities Commission (the “Commission”), by Order C‐4‐00, approved a Certificate of Public Convenience and Necessity for Stargas Utilities Ltd. (“Stargas”) to operate a natural gas distribution system at the resort community of Silver Star; and B. On July 29, 2009 Stargas applied for Commission approval to decrease delivery and commodity rates, effective November 1, 2009. Stargas also requested approval of a new term loan (the “Refinancing Application”), the amortization of various deferral accounts, a new gas supply contract (the “New Gas Supply Contract”) and the establishment of an income tax deferral account (the “Application”); and C. On September 23, 2009 Stargas requested that the Commission fast track the Refinancing Application due to the October 1, 2009 closing date with its bank. Commission Order G‐116‐09, dated September 29, 2009, approved the Refinancing Application; and D. On October 1, 2009 Stargas amended the Application and requested Commission approval to decrease residential and commercial delivery rates by $0.90 per Gigajoule(“GJ”), residential commodity rates by $4.05 per GJ and commercial commodity rates by $4.26 per GJ effective November 1, 2009 (the “Amended Application”); and E. Commission Order G‐121‐09 established a written public hearing process for the review of the Amended Application and directed that a Regulatory Timetable be established following the deadline for registration of Intervenors. The Order also approved on an interim and refundable basis a $0.90 GJ decrease in residential and commercial delivery rates, a $4.05 per GJ decrease in residential commodity rates and a $4.26 per GJ decrease in commercial commodity rates, effective November 1, 2009; and F. On September October 11, 2009 Stargas requested that the Commission fast track the New Gas Supply Contract. Commission Order E‐13‐09, October 22, 2009, approved the New Gas Supply Contract; and …/2
BRIT I SH COLUMBIA UTIL IT I ES COMMISS ION ORDER NUMBER G‐135‐09 2 G. No Intervenors or Interested Parties registered by the October 23, 2009 deadline set by Order G‐121‐09; and H. The Commission issued Information Request (“IR”) No. 1 on November 4, 2009 and Stargas responded on November 9, 2009; and I. The Commission finds that a Regulatory Timetable for the review of the Stargas Amended Application is required to be established. NOW THEREFORE pursuant to sections 60 and 61 of the Utilities Commission Act, the Commission establishes a Regulatory Timetable, attached as Appendix A, for the review of the Stargas Amended Application. DATED at the City of Vancouver, In the Province of British Columbia, this 19 th day of November 2009. BY ORDER Original signed by: L.F. Kelsey Commissioner Attachment Orders/G‐135‐09_Stargas 2009Rates‐Timetable
Stargas Utilities Ltd. Application to Alter Rates, Refinance and Acceptance of Gas Supply Contract REGULATORY TIMETABLE ACTION Stargas files Application to Alter Rates, Refinance and Acceptance of Gas Supply Contract Registration deadline for Intervenors and Interested Parties Commission Information Request No. 1 issued to Stargas Responses to Information Request No. 1 by Stargas APPENDIX A to Order G‐135‐09 Page 1 of 1 DATES Wednesday, July 29, 2009 Friday, October 23, 2009 Wednesday, November 4, 2009 Wednesday, November 18, 2009
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.