Joint Workshop of TERASEN GAS INC Annual Review and

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Joint Workshop of: TERASEN GAS INC. 2007 Annual Review and TERASEN GAS (VANCOUVER ISLAND) INC. 2007 Settlement Update for 2008 Revenue Requirements November 13, 2007 9am – 1pm Terasen Gas. A Fortis company. 2007 Joint: Workshop of TGI Annual Review and TGVI Settlement Update for 2008 Revenue Requirements Workshop: November 13, 2007 1 Agenda Welcome / Introduction Review Workshop Agenda Anticipated duration of Workshop 9:00am to 1:00pm - Scott Thomson Regulatory Recap Terasen Opening Remarks & Report 2007 Priorities – Activities & Accomplishments 2008 Priorities and beyond - Randy Jespersen Commodity Cost Outlook - David Bennett Economic/Housing Start Outlook and Demand Forecasts - Greg Caza 2007 Joint: Workshop of TGI Annual Review and TGVI Settlement Update for 2008 Revenue Requirements Workshop: November 13, 2007 Terasen Gas. A Fortis company. 2 Agenda – Terasen Gas Inc. 2008 Revenue Requirements and Rate Outlook PBR Cost Drivers Formula Driven Capital Expenditures and Rate Base Formula O&M Expenses Other Cost of Service Items Earnings Sharing Mechanism Results Revenue Requirement Results RSAM Results Customer Rate Impacts Break - Guy Leroux Other information pertaining to the settlement Customer Care & Service Quality Indicators 5 Year Major Capital Plan - Danielle Wensink - Tom Loski Code of Conduct & Transfer Pricing Policy TGI Conclusion and Next Steps 2007 Joint: Workshop of TGI Annual Review and TGVI Settlement Update for 2008 Revenue Requirements Workshop: November 13, 2007 - Andrew Lee - Scott Thomson Terasen Gas. A Fortis company. 3 Agenda – Terasen Gas (Vancouver Island) Inc. 2007 Review & 2008 Outlook Review and Approval of 2006 RDDA Balance Capital Expenditures Rate Base Working Capital and Deferral Accounts Whistler Pipeline British Columbia Capital Tax Revenue Requirement Results Customer Rate Proposals RDDA - Tom Loski TGVI Conclusion and Next Steps - Scott Thomson 2007 Joint: Workshop of TGI Annual Review and TGVI Settlement Update for 2008 Revenue Requirements Workshop: November 13, 2007 Terasen Gas. A Fortis company. 4

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