IN THE MATTER OF
the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
A Filing by FortisBC Energy Inc.
of Natural Gas Supply Contracts for the Commodity and Midstream Portfolios
for the 2012/13 Contract Year
BEFORE: L.F. Kelsey, Commissioner
D.M. Morton, Commissioner December 6, 2012
O R D E R
WHEREAS:
A. On August 2, 2012, the British Columbia Utilities Commission (Commission) by Letter L-45-12 accepted the 2012/13 Annual Gas Contracting Plan (ACP) filed by FortisBC Energy Inc. (FEI);
B. On November 2, 2012, FEI filed with the Commission for acceptance the Commodity term supply allocation between monthly and daily priced contracts as well as the monthly and daily market premiums for Commodity baseload and seasonal transactions not yet accepted by the Commission (Commodity Portfolio Filing);
C. On November 2, 2012, FEI filed with the Commission for acceptance the Midstream supply allocation between monthly and daily priced contracts as well as the monthly and daily market premiums for Midstream seasonal transactions (Midstream Portfolio Filing);
D. FEI requests that the details of the Commodity Portfolio Filing and the Midstream Portfolio Filing (the FEI Filings) be kept confidential for the reasons of commercial sensitivity as noted in the FEI Filings;
E. The Commission reviewed the FEI Filings and is satisfied that the Commodity and Midstream supply allocation, the Commodity and Midstream gas supply contract premiums, and the storage and re‐delivery contracts are appropriate considering market prices at the time they were negotiated, consistent with the ACP, 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 accepts the natural gas contracts shown in Appendix A to this Order. The Commission will keep the information in the FEI Filings confidential.
DATED at the City of Vancouver, in the Province of British Columbia, this 7th day of December 2012.
BY ORDER
Original signed by:
D.M. Morton
Commissioner
Attachment
A Filing by FortisBC Energy Inc.
of Natural Gas Supply Contracts for the Commodity and Midstream Portfolios
for the 2012/13 Contract Year
FortisBC Energy Inc.
2012-13 CCRA SUPPLY PURCHASED
FortisBC Energy Inc.
2012-13 MCRA SUPPLY PURCHASED