The Yukon Utilities Board has handed down its Order regarding Yukon Energy’s application for approval of 2005 revenue requirements. Yukon Energy officials are now reviewing the document to determine its implications.
“While we need some time before we can comment in any detail on the Board Order, it’s obvious that the Utilities Board has dealt comprehensively with all the issues brought forward,” Yukon Energy President David Morrison said.
“In the interests of transparency and accountability, it was important for us to get back before the Board for the first comprehensive review of Yukon Energy since 1996,” Morrison added. “Yukon Energy welcomed this process and we are pleased that the Utilities Board has now rendered its decision. I want to thank board members for all their hard work regarding this application.”
Yukon Energy filed an application for approval of its 2005 revenue requirements last December, including confirmation of all existing firm rates. Oral hearings took place in April.
The Board Order confirms and sets as permanent all current firm rates for residential and commercial customers.
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Contact:
Janet Patterson
Communications Supervisor
Yukon Energy Corporation
(867) 393-5333
janet.patterson@yec.yk.ca
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