Title: Order P.000628-4A - Petroleum - Irving Oil Limited - Propane Pricing Schedule (June 28, 2000)

Order No. P.000628-4A

IN THE MATTER of the Petroleum Products Act, R.S.P.E.I. 1988, Cap. P-5.1;

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IN THE MATTER of an application filed under the Petroleum Products Act, supra, by IRVING OIL LIMITED for an increase of 1.0 cents per litre in the prices of propane contained in its pricing schedule based on increased acquisition costs.
Wednesday the 28th day of June, A.D., 2000

BEFORE

Wayne D. Cheverie, Q.C., Chair
Ginger Breedon, Vice-Chair
Elizabeth MacDonald, Commissioner

Decision and Order

Further to the Commission's Order No. P.000529-4A, Claudette Maxwell filed on behalf of Irving Oil Limited an application dated 13 June 2000 requesting approval to increase the product prices contained in Irving's presently approved propane schedule by 1.0 cent per litre, effective 1 July 2000.

This application was accompanied by Schedule “D” entitled “Sarnia Posting” covering average propane acquisition costs for the periods from 5 May to 26 May 2000. Also attached was Schedule “E” entitled “Proposed Propane Prices”.

The Commission considered Irving’s application dated 13 June 2000 for increases to its currently-approved product prices and reviewed the supporting documentation at its meeting this date. Following this consideration, approval was granted for increases of 1.0 cent per litre to all product prices, effective 12:01 a.m. on Saturday, 1 July 2000, in accordance with the attached Order.

Order

THE COMMISSION HEREBY ORDERS THAT the propane prices charged by Irving Oil Limited, effective 12:01 a.m., Saturday, 1 July 2000, be in accordance with those contained in Appendix "A" to this Order, and that these prices appear on all invoices covering sales or deliveries of propane, and remain in effect until otherwise ordered by the Commission.

AND IT IS FURTHER ORDERED THAT Irving Oil Limited provide the Commission with information based on average OBG Sarnia Propane Prices relating to the one month-period (June 2000) on or before 15 July 2000, with any application submitted by that date being based on the May average.

AND IT IS FURTHER ORDERED THAT Irving Oil Limited continue to provide the previous months' average acquisition costs by the fifteenth of the following month each and every month thereafter, whether or not an application for the price adjustments is being made.

DATED at CHARLOTTETOWN this 28th day of JUNE, A.D., 2000.

BY THE COMMISSION:

Chair

Vice-Chair

Commissioner

APPENDIX "A"

IRVING OIL LIMITED

SCHEDULE OF PROPANE GAS RATES - METRIC

PROVINCE OF PRINCE EDWARD ISLAND

EFFECTIVE: 1 JULY 2000

Carburetion and Portable Cylinders
Cents Per Litre

- 53.3

Bulk Propane Delivery

Tier Annual Consumption in Litres
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1 0 to 499 litres 53.7

2 500 to 2,999 litres 49.4

3 3,000 to 9,999 litres 46.9

4 10,000 to 34,999 litres 45.2

5 35,000 to 59,999 litres 43.7

6 60,000 litres and higher 41.2

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Dispensing Units
47.7

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Propane Motive Fuel Pricing

Current motive fuel tax per litre 13.0

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Yearly Rental on Cylinders and Tanks

33 Lb. Portable Cylinder $36.00 ($3.00/Month)

100 Lb. Portable Cylinder
       $36.00

200 Lb. Fixed Cylinder $30.00 per installation

420 Lb. Fixed Cylinder $40.00 per installation

334 Gallon Fixed Tank $40.00 per installation

500 Gallon Fixed Tank $75.00 per installation

1,000 Gallon Fixed Tank $125.00 per installation

1,750 Gallon Fixed Tank $175.00 per installation

2,000 Gallon Fixed Tank $175.00 per installation

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Service Rates

Installation Charges

     All installations will be charged on the basis of time and materials used.

     Time will be figured on the inclusion of travel time and shop time where applicable.

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     Service Labour Rates

     Commercial (1 Technician) - $53.00 Per Hour

     Commercial (2 Technicians) - $65.00 Per Hour

     Domestic (1 Technician) - $45.00 Per Hour

     Domestic (2 Technicians) - $60.00 Per Hour

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     Note: No Mileage Fee Charged