Terasen Utilities (now FortisBC Energy Inc.)

Terasen Gas Inc., Terasen Gas (Vancouver Island) Inc.and Terasen Gas (Whistler) Inc. collectively as “Terasen Utilities” Return on Equity and Capital Structure Application   ~ Project No. 3698558/Order G-53-09       

Completed: 2009

Hearing and Other Documents

This section can include a list of all exhibits issued in the proceeding and the BCUC's final decision.

Title Document Description
* Email Fax List Updated: September 29, 2009 9:25 am
* Exhibit List Updated: November 30, 2009 @ 11:17 am
* Distribution List Updated: September 29, 2009 9:26 am
FortisBC clarifying regulatory orders Letter dated November 25, 2009 – FortisBC Submission clarifying regulatory orders
*_BCUC Order No. G-158-09 G-158-09
Decision Decision December 16, 2009

Arguments/Submissions

Final argument and reply argument submissions are an opportunity for interveners and the applicant to make their final argument and summarize their position.

Title Document Description
PNG written argument October 20, 2009 Letter dated October 20, 2009 PNG Submission of written argument
Terasen Utilities Final Submissions October 20, 2009 Final Submissions of Terasen Utilities October 20, 2009
FortisBC Argument dated October 20, 2009
CEC Final Argument dated November 6, 2009
BCOAPO Final Argument dated November 6, 2009
Industrial Customers Group Final Argument dated November 6, 2009
JIESC Final Argument dated November 6, 2009
Terasen Utilities - Reply Argument November 13, 2009 Terasen Utilities - Reply Argument November 13, 2009
FortisBC Undertaking Clarify Regulatory Orders FortisBC Undertaking Clarify Regulatory Orders - November 25, 2009
JIESC Transcript Correction Volume 6 Letter dated November 26, 2009 - JIESC Transcript Correction Volume 6

Exhibits

A Exhibits — BCUC Documents

A Exhibits are issued by the BCUC and can include panel appointment letters, procedural orders, and information requests. A2 exhibits are added to the proceeding by BCUC staff. These can include staff reports, consultant reports, or other relevant evidence filed outside of the proceeding.

Date Title Document Description
May 26, 2009 A-1 Letter dated May 21, 2009 appointing the Commission Panel for the review of the Terasen Utilities Application for a Return on Equity and Capital Structure Application
May 26, 2009 A-2 Letter dated May 21, 2009 Preliminary Regulatory Timetable, Notice of Procedural Conference and Written Public Hearing.
September 28, 2009 A-2-1 Submitted at hearing September 28, 2009 Monthly Price Report - Canadian Natural Gas Focus dated September 2009
September 28, 2009 A-2-2 Submitted at hearing September 28, 2009 Newspaper article in the Vancouver Sun from September 2nd
September 29, 2009 A-2-3 Submitted at hearing September 29, 2009 Recalculated ROE without any adjustments
September 30, 2009 A-2-4 Submitted at hearing September 30, 2009 NATIONAL BANK FINANCIAL, SEPTEMBER 14, 2009 Corporate Indicative Issuance Spreads based on Government of Canada Yield Curve
October 01, 2009 A-2-5 Submitted at hearing October 1, 2009 Article entitled “How did economists get it so wrong” by Paul Krugman from the New York Times September 6, 2009
June 10, 2009 A-3 Letter dated June 9, 2009 Regulatory Timetable
June 29, 2009 A-4 Letter date June 24, 2009 – Reasons for Decision for Interim rate Relief
June 29, 2009 A-5 Letter dated June 29, 2009 BCUC IR No. 1 to Terasen Utilities
July 31, 2009 A-6 Letter dated July 31, 2009 BCUC IR No. 2 to Terasen Utilities
September 03, 2009 A-7 Letter dated September 2, 2009 Commission Panel Information Request No. 1 to Terasen Utilities
September 03, 2009 A-8 Letter dated September 3, 2009 Information Request No. 1 on the Evidence of Dr. Laurence Booth
September 21, 2009 A-9 Letter dated September 21, 2009 – Opening Statement
November 04, 2009 A-10 Letter dated October 27, 2009 – Oral Phase of Argument
November 18, 2009 A-11 Letter dated November 16, 2009 – Oral Phase of Argument
November 18, 2009 A-12 Letter dated November 18, 2009 - Oral Phase of Argument

B Exhibits — Applicant Documents

B Exhibits are issued by the entity, person, or group that submitted the application to the BCUC (applicant). They can include the application, responses to information requests, and other evidence.

Date Title Document Description
May 28, 2009 B-1 Letter dated May 15, 2009 Terasen Utilities application for Return on Equity and Capital Structure.
June 19, 2009 B-2 Letter dated June 18, 2009 Terasen Utilities Reply Comments on Interim Relief
July 21, 2009 B-3-4_ 87.2 Credit Reports.zip Attachment Part 4
July 21, 2009 B-3-4_ 87.3 Credit Reports.zip Attachment Part 4
July 21, 2009 B-3 Letter dated July 20, 2009 Response to BCUC IR No. 1
July 21, 2009 B-3-1 Response to BCUC IR No. 1 Attachments Parts 1of 5
July 21, 2009 B-3-2 Response to BCUC IR No. 1 Attachments Parts 2 of 5
July 21, 2009 B-3-3 Response to BCUC IR No. 1 Attachments Parts 3 of 5
July 21, 2009 B-3-4 Response to BCUC IR No. 1 Attachments Parts 4 of 5
July 21, 2009 B-3-5 Response to BCUC IR No. 1 Attachments Parts 5 of 5
July 21, 2009 B-4 Letter dated July 20, 2009 Terasen Utilities Response to CEC IR No. 1
July 21, 2009 B-5 Letter dated July 20, 2009 Terasen Utilities Response to JIESC-BCOAPO-CEC IR No. 1
August 14, 2009 B-6 Letter dated August 13, 2009 Terasen Utilities Response to BCUC IR No. 2
August 14, 2009 B-7 Letter dated August 13, 2009 Terasen Utilities Response to JIESC-BCOAPO-CEC IR No. 2
August 14, 2009 B-8 Letter dated August 13, 2009 Terasen Utilities Response to CEC IR No. 2
September 03, 2009 B-9 Letter dated September 3, 2009 Terasen Utilities IRs on the Evidence of Dr. L. Booth
September 21, 2009 B-10 Letter dated September 21, 2009 Erratum Response to IR No. 1.24.2 - page 80 of Exhibit B-3 correcting the table and highlighting the affected cells.
September 21, 2009 B-11 Letter dated September 21, 2009 Response to Commission Panel IR No. 1
September 21, 2009 B-12 Letter dated September 21, 2009 Terasen Utilities Witness Panels and Direct Testimony
September 23, 2009 B-12-1 Letter dated September 21, 2009 REPLACEMENT with corrections - Terasen Utilities Witness Panels and Direct Testimony
September 24, 2009 B-13 Letter dated September 24, 2009 Opening Statement of R.L. (Randy) Jespersen, CEO on Behalf of the Terasen Utilities
September 28, 2009 B-14 Submitted at hearing September 28, 2009 Speech from the Throne August 25, 2009
September 28, 2009 B-15 Submitted at hearing September 28, 2009 Response from the Terasen Gas Inc. revenue requirement application to a Commission Staff Request 2.31.2
September 28, 2009 B-16 Submitted at hearing September 28, 2009 Full BC Hydro Service Plan, the August, 2009 update
September 29, 2009 B-17 Submitted at hearing September 29, 2009 Moody's A-rated and Baa-rated Utility Bond Yields
September 29, 2009 B-18 Submitted at hearing September 29, 2009 common equity component of Fortis
September 30, 2009 B-19 Submitted at hearing September 30, 2009 Consumer Prices Consensus Economics, Consensus Forecasts, Long-Term Forecasts
October 01, 2009 B-20 Submitted at hearing October 1, 2009 TGI 2005 ROE Exhibit B-3, Response to BCUC IR 74.1, Appendix 74.1
October 01, 2009 B-21 Submitted at hearing October 1, 2009 (PAGES 193 AND 194 FROM FINANCIAL THEORY AND CORPORATE POLICY BY COPELAND AND WESTON WITH ATTACHED TRANSCRIPT PAGES 795 AND 796 FROM 2005
October 01, 2009 B-22 Submitted at hearing October 1, 2009 PAPER BY DR. BOOTH ENTITLED "CAPITAL MARKET DEVELOPMENTS IN THE POST-OCTOBER 1987 PERIOD: A CANADIAN PERSPECTIVE
October 01, 2009 B-23 Submitted at hearing October 1, 2009 COLOURED GRAPH, WITH PAGES 790 TO 804 FROM TGI-TGVI ROE HEARING, NOVEMBER 17, 2005, VOLUME 5
October 01, 2009 B-24 Submitted at hearing October 1, 2009 TAB 2, APPENDIX A, RISK-ADJUSTED EQUITY MARKET RISK PREMIUM TEST
October 01, 2009 B-25 Submitted at hearing October 1, 2009 TWO TABLES, BOTH HEADED "EXHIBIT, COMPARISON OF DR. BOOTH'S COST OF EQUITY RESULTS TO THE YIELDS ON MOODY'S A-RATED AND BAA-RATED UTILITY BONDS”
October 01, 2009 B-26 Submitted at hearing October 1, 2009 SCHEDULE 12, SPREADS SINCE 1990, WITH ATTACHED PAGE 15
October 01, 2009 B-27 Submitted at hearing October 1, 2009 70 REFERENCE: APPENDIX B, PAGE 1, LINES 18-25, PAGE 78
October 20, 2009 B-28 Letter dated October 20, 2009 Submission of Outstanding Undertakings

C Exhibits — Intervener Documents

C Exhibits are issued by registered interveners and can include information requests, submissions on process, and other evidence. To see the list of interveners in this proceeding, please click the "Intervener List" heading below.

Click here for Intervener List

BRITISH COLUMBIA OLD AGE PENSIONERS’ ORGANIZATION (BCOAPO) - Letter dated May 29, 2009 filing request by Leigha Worth for Intervenor Status
COMMERCIAL ENERGY CONSUMERS ASSOCIATION OF BRITISH COLUMBIA (CEC) VIA EMAIL - dated June 4, 2009, 2009 filing request by Christopher Weafer for Intervenor Status
LOUELLA VINCENT VIA EMAIL - dated May 31, 2009, 2009 filing request for Intervenor Status
BC HYDRO (BCH) ONLINE REGISTRATION - dated June 6, 2009, filing request for Intervenor Status
FORTIS BC (FBC) ONLINE REGISTRATION - dated June 6, 2009, filing request by Dennis Swanson for Intervenor Status
MINISTRY OF ENERGY, MINES AND PETROLEUM RESOURCES (MEMPR) dated June 8, 2009, filing request by Duane Chapman for Intervenor Status
VANCOUVER ISLAND GAS JOINT VENTURE (VIGJV) dated June 5, 2009, filing request by Karl Gustafson for Intervenor Status
ZELLSTOFF CELGAR (ZC) letter dated June 8, 2009, filing request by Brian Merwin for Intervenor Status
PACIFIC NORTHERN GAS (PNG) - VIA EMAIL letter dated June 8, 2009 filing request by Craig Donohue for Intervenor Status
JOINT INDUSTRY ELECTRICITY STEERING COMMITTEE (JIESC) letter dated June 8, 2009 filing request by Brian Wallace for Intervenor Status
Changed to Interested Party
TECK COAL LTD (TC) – VIA EMAIL Letter Dated July 06, 2009 filing by J. David Newlands to register as Intervenor
INDUSTRIAL CUSTOMER GROUP (ICG) – VIA EMAIL Letter Dated July 24, 2009 filing by and for David Bursey, Katie Seymour and Harold Todd to register as Intervenor


Date Title Document Description
May 29, 2009 C1-1 BRITISH COLUMBIA OLD AGE PENSIONERS’ ORGANIZATION (BCOAPO) - Letter dated May 29, 2009 filing request by Leigha Worth for Intervenor Status
June 16, 2009 C1-2 Letter dated June 15, 2009 via Email BCOAPO submissions on interim relief
June 15, 2009 C2-1 Changed to Interested Party
June 04, 2009 C3-1 COMMERCIAL ENERGY CONSUMERS ASSOCIATION OF BRITISH COLUMBIA (CEC) VIA EMAIL - dated June 4, 2009, 2009 filing request by Christopher Weafer for Intervenor Status
June 12, 2009 C3-2 Letter dated June 12, 2009 CEC submissions on interim relief
July 07, 2009 C3-3 Letter dated July 07, 2009 CEC information Request No. 1
July 31, 2009 C3-4 Letter dated July 31, 2009 CEC information Request No. 2
June 04, 2009 C4-1 LOUELLA VINCENT VIA EMAIL - dated May 31, 2009, 2009 filing request for Intervenor Status
June 05, 2009 C5-1 BC HYDRO (BCH) ONLINE REGISTRATION - dated June 6, 2009, filing request for Intervenor Status
June 05, 2009 C6-1 FORTIS BC (FBC) ONLINE REGISTRATION - dated June 6, 2009, filing request by Dennis Swanson for Intervenor Status
June 08, 2009 C7-1 MINISTRY OF ENERGY, MINES AND PETROLEUM RESOURCES (MEMPR) dated June 8, 2009, filing request by Duane Chapman for Intervenor Status
June 08, 2009 C8-1 VANCOUVER ISLAND GAS JOINT VENTURE (VIGJV) dated June 5, 2009, filing request by Karl Gustafson for Intervenor Status
June 08, 2009 C9-1 ZELLSTOFF CELGAR (ZC) letter dated June 8, 2009, filing request by Brian Merwin for Intervenor Status
June 16, 2009 C9-2 Letter dated June 8, 2009 Via Email ZC submissions on interim relief
June 08, 2009 C10-1 PACIFIC NORTHERN GAS (PNG) - VIA EMAIL letter dated June 8, 2009 filing request by Craig Donohue for Intervenor Status
June 09, 2009 C11-1 JOINT INDUSTRY ELECTRICITY STEERING COMMITTEE (JIESC) letter dated June 8, 2009 filing request by Brian Wallace for Intervenor Status
September 30, 2009 C11-1-1 Submitted at hearing September 30, 2009 EXHIBIT C11-11, AMENDED Page 5 CIA- Canadian Institute of Actuaries data Exhibits of Dr.Vander Weide taken from CIA
June 16, 2009 C11-2 Letter dated June 8, 2009 JIESC submissions on interim relief
July 07, 2009 C11-3 Letter dated July 6, 2009- VIA EMAIL Joint Information Request on behalf of JIESC, BCOAPO and CEC
August 04, 2009 C11-4 Letter dated July 30, 2009 - VIA EMAIL Joint Information Request 2 on behalf of JIESC, BCOAPO and CEC
August 21, 2009 C11-5 Letter dated August 2009 JIESC submission Evidence of Laurence D. Booth
September 15, 2009 C11-6 Letter dated September 15, 2009 Response of Dr. Booth to BCUC IR No. 1
September 15, 2009 C11-7 Letter dated September 15, 2009 Dr. Booth responses to TGI IR No.1
September 28, 2009 C11-8 Submitted at hearing September 28, 2009 Excerpt from BC Hydro Service Plan 2009/10 - 2011/12
September 28, 2009 C11-9 Submitted at hearing September 28, 2009 Excerpt from BC Hydro Service Plan 2009/10 - 2011/12 August 2009 Update
September 29, 2009 C11-10 Submitted at hearing September 29, 2009 Alberta EUB Decision Generic Cost of Capital
September 29, 2009 C11-11 Submitted at hearing September 29, 2009 JIESC materials for cross-examination of Terasen panel number two
September 30, 2009 C11-12 Submitted at hearing September 30, 2009 Scotia Bank Group Global Economic Research Weekly Trends from September 25, 2009
September 30, 2009 C11-13 Submitted at hearing September 30, 2009 Scotia Bank Group Global Economic Research – Global Forecast Update September 3, 2009
September 30, 2009 C11-14 Submitted at hearing September 30, 2009 Excerpt of Direct Testimony of James M Coyne on Behalf of ATCO Utilities ET AL November 20, 2008 in Alberta Utilities Commission 2009 Generic Cost of Capital Proceeding
September 30, 2009 C11-15 Submitted at hearing September 30, 2009 Bank of Montreal Capital Markets report on Fortis Dated June 11, 2009
October 01, 2009 C11-16 Submitted at hearing October 1, 2009 ARTICLE FROM THE JOURNAL OF FINANCE, VOL. XLVI, NO. 4, SEPTEMBER 1991 ENTITLED "LIQUIDITY, MATURITY AND THE YIELDS ON U.S. TREASURY SECURITIES BY Y. AMIHUD AND H. MENDELSON
October 14, 2009 C11-17 Letter received October 14, 2009 JIESC/CEC/BCOAPO joint submission Dr. Booth’s Responses to Undertakings
July 07, 2009 C12-1 TECK COAL LTD (TC) – VIA EMAIL Letter Dated July 06, 2009 filing by J. David Newlands to register as Intervenor
July 24, 2009 C13-1 INDUSTRIAL CUSTOMER GROUP (ICG) – VIA EMAIL Letter Dated July 24, 2009 filing by and for David Bursey, Katie Seymour and Harold Todd to register as Intervenor

D Exhibits — Interested Party Documents

D Exhibits include interested party registration forms. Registered interested parties receive email notifications when public information is posted during a BCUC proceeding.

Date Title Document Description
May 27, 2009 D-1 CENTRAL HEAT DISTRIBUTION (CHD) Letter Dated May 22, 2009 John Barnes filing to register as Interested Party
June 05, 2009 D-2 COPE 378 (COPE) ONLINE REGISTRATION - dated June 6, 2009, filing request by Kevin Smyth to register as Interested Party
June 06, 2009 D-3 BP CANADA ENERGY COMPANY ONLINE REGISTRATION- dated June 3, 2009, filing request by Cheryl Worthy to register as Interested Party
June 18, 2009 D-4 BRITISH COLUMBIA TRANSMISSION CORPORATION (BCTC) ONLINE REGISTRATION - dated June18, 2009, filing request by Gordon Doyle to register as Interested Party
July 21, 2009 D-5 ACCESS GAS SERVICES INC. – ONLINE REGISTRATION dated July 20, 2009 filing request by Tom Dixon for Interested party status

Transcripts

Transcripts are written scripts from procedural conferences, workshops, oral hearings, and other events. They are included on the proceeding record.

Date Title Document Description
June 09, 2009 Transcript Volume 1 Transcript 01 Procedural Conference June 09, 2009
September 28, 2009 Transcript Volume 2 Transcript 02 Oral Hearing September 28, 2009
September 29, 2009 Transcript Volume 3 Transcript Volume 3 Oral Hearing September 29, 2009
September 30, 2009 Transcript Volume 4 Transcript Volume 4 Oral Hearing September 30, 2009
October 01, 2009 Transcript Volume 5 Transcript Volume 5 Oral Hearing October, 2009
November 24, 2009 Transcript Volume 6 Transcript Volume 6 - Oral Argument - November 24, 2009

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