the Utilities Commission Act, R.S.B.C. 1996, Chapter 473
and
Just Energy (B.C.) Limited Partnership
Application for Renewal of its Gas Marketer Licence
under the Customer Choice Program
BEFORE: L. F. Kelsey, Commissioner
K. A. Keilty, Commissioner October 8, 2015
O R D E R
WHEREAS:
A. On August 27, 2015 Just Energy (B.C.) Limited Partnership (Just Energy), carrying on business as Commerce Energy and Tara Energy for commercial customers and Just Energy for residential customers, applied to the British Columbia Utilities Commission (Commission) for renewal of its Gas Marketer Licence for the period of November 1, 2015 to October 31, 2016. The Application for renewal of its Licence to Market Natural Gas (Application) included the payment of the $1,000 Application Fee and a $250,000 proof of security, pursuant to Sections 2 and 4 respectively, of the Licence Requirements;
B. In the Application, Just Energy requests that the Commission hold the Application confidential on the basis that the contents are commercially sensitive; and
C. The Commission has reviewed Just Energy’s Application and relying upon the information and representations made by Just Energy finds that renewal of its Gas Marketer Licence, subject to certain conditions, is warranted.
NOW THEREFORE pursuant to section 71.1(6) of the Utilities Commission Act, the British Columbia Utilities Commission orders as follows:
1. A Gas Marketer Licence is issued to Just Energy (B.C.) Limited Partnership (Just Energy) for the period of November 1, 2015 to October 31, 2016.
2. Just Energy’s Application will be held confidential, as requested by Just Energy.
3. This licence is subject to the following conditions:
a. Just Energy must carry out the undertakings as provided in its Application for a Gas Marketer Licence and as set out in the Rules for Gas Marketers established by Order A-12-13.
b. Just Energy must comply with the Code of Conduct for Gas Marketers and Rate Schedule 36 of FortisBC Energy Inc. Just Energy shall ensure that its employees, salespersons or other representatives of its products and services comply with the standards required of a Gas Marketer as set out in the Code of Conduct for Gas Marketers and Just Energy shall be responsible for any non-compliance of its employees, salespersons or other representatives of its products and services.
c. Just Energy must maintain a $250,000 performance security in full force and effect for the duration of the Licence.
d. Just Energy must file with the Commission, pursuant to item 10.0 of the Rules for Gas Marketers, the following information:
i. Unaudited quarterly financial statements, no later than 45 days after the end of each quarter;
ii. The most recent version of the documents submitted to satisfy Section 7, Financial Qualifications, of the Licence Requirements; and
iii. The most recent version of the documents submitted under Sections (8), (9), (10), (11) and (12) of the Licence Requirements for the Commission’s comment and approval, as necessary, prior to commercial distribution and/or use.
e. The Commission may, at any time and without prior notice to Just Energy, amend or impose new terms and conditions on, suspend, or cancel the Gas Marketer Licence for reasons the Commission, in its sole discretion, considers sufficient.
f. The Gas Marketer Licence and all copies of it shall remain the property of the Commission. Just Energy will return these documents forthwith upon written request from the Commission.
g. Just Energy should maintain the Due to Related Parties balance referenced in the financial ratio calculations, of at least the amount presented in the audited financial statements, for Licence Requirement 7, in full force and effect for the duration of the Licence. Just Energy must notify the Commission immediately of any change to the terms or amount of the Due to Related Parties balance. Such notification may trigger a review of Just Energy’s Licence.
DATED at the City of Vancouver, in the Province of British Columbia, this 8th day of October 2015.
BY ORDER
Original signed by:
K. A. Keilty
Attachment Commissioner
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Licence No. A-16-15 |
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GAS MARKETER LICENCE
Just Energy (B.C.) Limited Partnership
is granted a licence for the purpose of providing advice to, or acting on behalf of, a low volume consumer (1) purchasing gas directly in the Province of British Columbia subject to the terms and conditions contained in Commission Order A-16-15, which are set out in the reverse of the Licence.
BRITISH COLUMBIA UTILITIES COMMISSION
_________Original signed by:____________ K. A. Keilty, Commissioner
(1) As described in the Rules for Gas Marketers |
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This Gas Marketer Licence is subject to the following conditions:
a. Just Energy must carry out the undertakings as provided in its Application for a Gas Marketer Licence and as set out in the Rules for Gas Marketers established by Order A-12-13. b. Just Energy must comply with the Code of Conduct for Gas Marketers and Rate Schedule 36 of FortisBC Energy Inc. Just Energy shall ensure that its employees, salespersons or other representatives of its products and services comply with the standards required of a Gas Marketer as set out in the Code of Conduct for Gas Marketers and Just Energy shall be responsible for any non-compliance of its employees, salespersons or other representatives of its products and services. c. Just Energy must maintain a $250,000 performance security in full force and effect for the duration of the Licence. d. Just Energy must file with the Commission, pursuant to item 10.0 of the Rules for Gas Marketers, the following information: i. Unaudited quarterly financial statements, no later than 45 days after the end of each quarter; ii. The most recent version of the documents submitted to satisfy Section 7, Financial Qualifications, of the Licence Requirements; and iii. The most recent version of the documents submitted under Sections (8), (9), (10), (11) and (12) of the Licence Requirements for the Commission’s comment and approval, as necessary, prior to commercial distribution and/or use. e. The Commission may, at any time and without prior notice to Just Energy, amend or impose new terms and conditions on, suspend, or cancel the Gas Marketer Licence for reasons the Commission, in its sole discretion, considers sufficient. f. The Gas Marketer Licence and all copies of it shall remain the property of the Commission. Just Energy will return these documents forthwith upon written request from the Commission. g. Just Energy should maintain the Due to Related Parties balance referenced in the financial ratio calculations, of at least the amount presented in the audited financial statements, for Licence Requirement 7, in full force and effect for the duration of the Licence. Just Energy must notify the Commission immediately of any change to the terms or amount of the Due to Related Parties balance. Such notification may trigger a review of Just Energy’s Licence. |