IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
a Filing by FortisBC Energy Inc.
for Approval of the FortisBC Energy Inc. – Revelstoke Service Area
Price Risk Management Plan 2011-2012
BEFORE: L.F. Kelsey, Commissioner April 14, 2011
O R D E R
WHEREAS:
A. On March 29, 2011, FortisBC Energy Inc. (FEI) filed an application with the British Columbia Utilities Commission (Commission) for the approval of the FEI – Revelstoke Service Area Price Risk Management Plan 2011-2012 (the Revelstoke 2011/12 PRMP);
B. FEI indicated that the compliance filing directed by Commission Order E-22-10 and related to the financial results of the 2010-2011 Price Risk Management Plan for the Revelstoke Service Area (the Compliance Filing) would be filed by June 30, 2011;
C. On April 4, 2011, FEI filed an application indicating the Compliance Filing would be filed with the Commission by mid-April 2011 and, in the interim, requesting expedited limited acceptance of the Revelstoke 2011/12 PRMP to allow FEI to purchase its 2011-2012 propane storage capacity, and the May 2011 propane commodity for storage and the May forward fixed price propane purchase;
D. FEI requests that the documents associated with the Revelstoke 2011/12 PRMP remain confidential;
E. The Commission reviewed the FEI filing and is satisfied that the requested expedited limited acceptance of the Revelstoke 2011/12 PRMP, except for the May forward fixed price propane purchase, is appropriate and in the public interest.
NOW THEREFORE pursuant to section 71 of the Utilities Commission Act and the Commission’s Rules for Natural Gas Energy Supply Contracts, the Commission orders as follows:
1. The Commission grants limited acceptance of the Revelstoke 2011/12 PRMP, excluding the May forward fixed price propane purchase, and approves only those components detailed in Appendix A attached to this Order, pending further review of the Revelstoke 2011/12 PRMP after receipt of the Compliance Filing.
2. The Commission will keep confidential the documents associated with the Revelstoke 2011/12 PRMP, and Appendix A attached to this Order, as requested by FEI.
DATED at the City of Vancouver, in the Province of British Columbia, this 14th day of April 2011.
BY ORDER
Original signed:
L.F. Kelsey
Commissioner
Confidential Attachment
Appendix A to be held as confidential.