FEI-FEVI 2010 EEC Report filed March 31, 2011 - FortisBC

TERASEN GAS (VANCOUVER ISLAND) INC. Nov. 5 2009 NSP Agreement Section C
Tab 13
EMBEDDED COST OF LONG-TERM DEBT Schedule 71
FOR THE YEAR ENDING DECEMBER 31, 2009
($000s)
Principal Net Effective Average
Line Issue Maturity Coupon Amount of Issue Proceeds of Interest Principal Annual
No. Particulars Date Date Rate Issue Expense Issue Cost Outstanding Cost
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10)
1
2
3
Long Term Debt 16-Feb-2006 15-Feb-2038 6.050% $250,000 2,014 $247,986 6.108% $250,000 $15,270
4 PCEPA Repayment Loan 1-Jan-2008 1-Jan-2013 1.630% 13,381 -
13,381 2.473% 10,940 271
5 Long Term (Rate Base) Debt 263,381 2,014 261,367 260,940 15,541
6 Series 1 RDDA Sub Debt 1-Jun-2006 11-Jan-2011 7.280% 7.280% -
7 Series 2 RDDA Sub Debt 1-Jun-2002 31-Jul-2012 7.370% 7.370% 3,729
8 Series 4 RDDA Sub Debt 1-Jun-2004 14-May-2009 6.820% 6.820% -
9 Series 5 RDDA Sub Debt 1-Jun-2005 6-Jul-2010 5.950% 5.950% (0)
10 Series 7 RDDA Sub Debt 1-Jun-2007 26-Jun-2012 7.370% 7.370% 3,420
11 Series 8 RDDA Sub Debt 1-Jun-2003 31-Jul-2008 6.300% 6.300% -
12 RDDA Subtotal 7,149
13 Total with Sub Debt $268,089 $16,811 x-ref Schedule 68
14 Average Embedded Cost before Sub Debt 5.956%
631
275
-
33
331
-
1,270
APPENDIX A
to Order G-140-09
Page 95 of 102