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FRIDAY, JUNE 1, 2001 Ontario Energy Commission de I'Energie Board de I'Ontario Ontario. RP-2000-0217 EB-2000-0460 SCUGOG HYDRO ENERGY CORPORATION ELECTRICITY RATE CHANGE NOTICE OF APPLICA- TION AND NOTICE OF WRITTEN HEARING Particulars of The Applicat Scugog Hydro Energy Corporation (the "Utility) must unbundle electricity rates into electricity distribution rates and rates for power and other charges in order to meet the requirements of new legislation. The Utility has filed its sub- missions with the Ontario Energy Board (the "Board") with respect to rates for the distribution of electricity. The Utility will, at a future date, file its submissions for rates for the provision of regulated power supply (Standard Supply Service or "SSS") and other non-competitive electricity distribution rates related to the transmission of electrici- ty and services provided by the Independent Electricity Market Operator to the Utility ("other non-competitive electric- ity distribution rates"). In the first phase of this proceeding ("Phase One"), the Board will approve or fix just and reasonable rates for the dis- tribution of electricity under subsection 78(3) of the Ontario Energy Board Act, 1998. The Board will approve rates for SSS and other non-competitive electricity distribution rates under subsection 78(3) of the Ontario Energy Board Act, 1998 in a subsequent phase (or subsequent phases). The Board has issued an Electricity Distribution Rate Handbook (the "Rate Handbook"), which stipulates that the distribution rate component of the electricity bill must be sub-divided into a fixed monthly charge and a variable charge. This rate restructuring, while having no overall impact on the Utility's revenues, may result in individual customer rate changes. The Rate Handbook also allows a utility to apply for a change in its distribution rates in order to earn up toa market based rate of return after tax. The Rate Handbook was revised on November 3, 2000 incorporating the provisions of the RP-2000-0069 Decision with Reasons, concerning certain matters relating to the June 7, 2000 Directive by the Minister of Energy, Science and Technology. The RP-2000-0069 Decision indicated that Utilities would be able to earn market based returns but would have to phase-in any increase in rates over three years to lessen the rate impact on consumers. The Utility has applied for a rate of return on common equity of 9.88%. The Utility' selection of this rate of return on common equity results in an additional $189,355 to be recovered in rates. In the first year of the phase-in plan the Utility seeks to recover $63,118 of this amount. The incremental revenue requirement is exclusive of Payments in Lieu of Taxes. The customer bill (based on 1999 rates) for a residential customer with a monthly electricity consumption of 1,000 kWh will decrease by 2.9% for the first year of the three year plan. The first year impact for a general service customer with a monthly consumption of 2,000 kWh is an electricity bill decrease of 4.4%. Due to rate restructuring, individual customer bill impacts may be higher or lower depending on a customers electricity consumption. How To Partici If you wish to participate in this proceeding you must, within 14 calendar days of the publication of this Notice, file a letter with the Board stating whether you wish to intervene, observe, or comment on Phase One, or subsequent phases of this proceeding. For information on how to intervene in, observe or comment on the submissions, please contact the Board's Customer Service Centre at 1-877-632-2727 or by e-mail at Boardsec@oeb.gov.on.ca. Please reference Board file num- ber RP-2000-0217. You may also visit the frequently asked questions (FAQS) section of the Boards Web site at www.oeb.gov.on.ca Hearing If no person intervenes and requests a hearing, the Board intends to determine the application without a hearing. If any person requests a hearing, the Board intends to proceed by way of a written hearing unless the applicant or any inter- venor satisfies the Board that there is good reason for not proceeding by holding a written hearing. A request for a hear- ing must be made within 14 calendar days of the publication of this Notice. Copies of the submissions of Scugog Hydro Energy Corporation are available for inspection at the Board's offices, and at the office of the Utility in Whitby. If you intend to intervene in the proceéding, the Utility upon request is required to give you a copy of its submissions with respect to that phase of the proceeding in which you intend to intervene. IMPORTANT IF YOU DO NOT FILE A LETTER OF INTERVENTION OR A LETTER OF COMMENT, OR IF YOU DO NOT FILE WRITTEN SUBMISSIONS OR PROVIDE REASONS FOR NOT HOLDING A WRITTEN HEAR- ING, THE BOARD MAY PROCEED WITHOUT YOUR PARTICIPATION AND YOU WILL NOT BE ENTI- . TLED TO ANY FURTHER NOTICE OF THE PROCEEDING. Addresses Ontario Energy Board Scugog Hydro Energy Corporation P.O. Box 2319 P.O. Box 59 2300 Yonge Street 100 Taunton Road East 26th Floor Whitby, Ontario Toronto, Ontario LIN SR8 M4P 1E4 Attn: Mr. Paul B. Pudge Attn: Ms. Ramona Abi-Rashed Board Secretary Director of Finance 1-888-632-6273 (Toll free) Phone: 905-668-5878 416-440-7656 (Fax) Fax: 905-668-8791 ril 24, 2001. PATED at Toronto Ap ONTARIO ENERGY BOARD P . O'Dell stant Board Secretary In-tents preparation TRAVIS GRAY/THE STAR When Scugog Township Councillor Larry Corrigan (right) participates in the overnight Relay For Life Walk tonight in Oshawa, he'll be able to rest up in a tent provided by Port Perry Canadian Tire store owner Jeff Hodginkson. The event is a fundraiser for the Cancer Society. MEAT 8S HOPS Skinless, Boneless, Marinated Chicken Our Most Popular Burger! Great on the BBQ Steak-like taste with a hint of garlic. Beef an No less than 25% sirloin oy beef content. : : : 12x113 g Sirloin Burgers ~~ :ronions yo Stuffed Chicken Breasts Four Individual Servings 89 Chocolate 2999 sass 1 1ifle ror Cold Water wae Shrimp 8 Chicken Supreme Pre-baked Meat Pies dor 88 Ib Port Perry Store ALLE AVI VNAENN Oper i AMI (if a 4 1874 Scugog St., SANTI: pY:\ 7 days a | Port Perry « 985-1202 5% DISCOUNT week om Sale Dates Sat, M 26 - Fi, June 8, 2001 - Port Pi Store Onl DA lays 105 pm, for the summer Hundreds of Meal ideas. One aisle.