Thursday, September 09, 2010   



IWMC Rate Application - Noticeof Application - WM01302



WM01302

Island Waste Management Corporation

Application for an Increase in its Rates and Charges

Notice of Application

TAKE NOTICE that the Island Waste Management Corporation ("IWMC" or the "Corporation") has applied to the Island Regulatory and Appeals Commission (the "Commission") for approval of increases in its rates and charges for waste management services provided throughout the province.

The application states that the Corporation requires approximately $570,000 in additional annual revenues. IWMC states that its mandate is to balance a cost effective and environmentally responsible provincial waste management system for both residential and commercial sectors of P.E.I. IWMC has not adjusted rates since 2006 and has experienced annual inflationary operating cost increases.

A summary of the proposed increases is set out below:

Fee Category

Proposed Fee Increase

 Projected Revenue Increase

Household User Fee

$4.85 per Unit

$286,000

Cottage User Fee

$4.85 per Unit

$40,000

Cottage Extended

$4.85 per Unit

$2,000

Commercial Tip Rate

$1.00 per tonne

$30,000

Waste Watch Drop-off Centre (WWDC)

 No Change

 Nil

 Material Type Rate Charges

 See Application Schedule A(1.1)

 $212,000

Total

 

$570,000

Also, beginning in 2011, the Corporation seeks permission to adjust all rates annually for inflationary increases as measured by the annual CPI change, without further Commission approval. These adjustments would only be applied if annual financial statements support the change.

HOW TO SEE THE APPLICATION
A complete copy of the application can be obtained by clicking here (136KB pdf file) .

Any person wishing to obtain a hard copy of the application can do so by writing to Island Waste Management Corporation at the address below.

HOW TO COMMENT AND ASK QUESTIONS
Any person wishing to comment on the application can do so by writing to the Commission at the address below. In order to be considered, comments must be received by Friday, November 20, 2009. Persons wishing to pose questions to Island Waste Management Corporation on the application may do so by filing their questions, in writing, with the Corporation on or before Friday, November 20, 2009. Questions posed to Island Waste Management Corporation must be answered by the Corporation, in writing, on or before Friday, December 4, 2009. Copies of both written questions and written answers must be copied to, or filed with, the Commission not later than Friday, December 11, 2009 in order to be considered.  

INTERROGATORIES AND RESPONSES RECEIVED
December 7, 2009
December 1, 2009
November 18, 2009

FOR ADDITIONAL INFORMATION
Additional information on the application can be obtained by contacting Island Waste Management Corporation at (902) 894-0330. Written communications should be forwarded to:

Gerry Moore
Chief Executive Officer
Island Waste Management Corporation
110 Watts Ave.
Charlottetown, PE C1E 2C1
email: gmoore@iwmc.pe.ca

Attention: IWMC Rate Application
Island Regulatory & Appeals Commission
P.O. Box 577
Charlottetown, PE  C1A 7L1
email: info@irac.pe.ca

DATED at Charlottetown, this 6th day of November, 2009.

Posted: 2009/11/09


* The Adobe Acrobat Reader is required to view and print PDF documents. The Reader can be downloaded free of charge from Adobe Systems Incorporated by clicking here.

Please note that large PDF files (>400 KB) should be saved to disk before opening. In certain instances, large PDF files will "time out" when opened directly from a web site. This can be avoided by saving to disk and then opening the file locally.

 

 

 

Tax