IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
British Columbia Transmission Corporation
Filing of Financial Information for F2011
and
An Application for Approval of a Deferral Account for F2011 Capital Portfolio Project Sustaining Costs
BEFORE: L.F. Kelsey, Commissioner
D.A. Cote, Commissioner April 1, 2010
O R D E R
WHEREAS:
A. On December 16, 2009, the British Columbia Transmission Corporation (BCTC) filed its Fiscal 2011 (F2011) Financial Forecast to the British Columbia Utilities Commission (the Commission) stating that it does not intend to seek a change to existing rates. On the same date, BCTC also filed an Application for Approval of a Deferral Account to record the F2011 Capital Portfolio Project Sustaining Costs (collectively, the Applications) forecast at $0.7 million, which seeks to record the operation, maintenance, and administrative costs for three specific capital projects, which are forecast to be in-service during F2011; and
B. The Commission reviewed the Applications and issued Order G-43-10 to approve the Deferral Account and made determinations on other items in the Application with Reason for Decision attached in Appendix A to that order.
C. Upon further review, the Commission finds that an amendment to Order G-43-10 is required to clarify the stated approval of the Deferral Account.
NOW THEREFORE the Commission orders that Directive No. 1 of Order G-43-10 is replaced with the following:
BCTC’s application to establish a deferral account to record the F2011 Capital Portfolio Project Sustaining Costs for three specific capital projects is approved.
DATED at the City of Vancouver, in the Province of British Columbia, this First day of April 2010.
BY ORDER
Original signed by:
L.F. Kelsey
Commissioner