Orders

IN THE MATTER OF

the Utilities Commission Act, RSBC 1996, Chapter 473

and

Planet Energy (B.C.) Corp.

Application for Renewal of its Gas Marketer Licence

under the Customer Choice Program

BEFORE:               L. F. Kelsey, Commissioner

                                H. G. Harowitz, Commissioner                                    October 15, 2015

                                K. A. Keilty, Commissioner

O  R  D  E  R

WHEREAS:

A.   On August 17, 2015, Planet Energy (B.C.) Corp. (Planet Energy), applied to the British Columbia Utilities Commission (Commission) for renewal of its Gas Marketer Licence for the period November 1, 2015 to October 31, 2016 (Application). The 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.    Planet Energy requests that the Commission hold the financial information included in the Application confidential on the basis that Planet Energy is a privately held company; and

C.    The Commission has reviewed Planet Energy’s Application and relying upon the information and representations made by Planet 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 Commission orders as follows:

1.       A Gas Marketer Licence is issued to Planet Energy for the period of November 1, 2015 to October 31, 2016.

2.       The Commission will hold the financial information in Planet Energy’s Application confidential, as requested by Planet Energy.

3.    This licence is subject to the following conditions:

a.       Planet 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.      Planet Energy must comply with the Code of Conduct for Gas Marketers and Rate Schedule 36 of FortisBC Energy Inc. Planet 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 Planet Energy shall be responsible for any non-compliance of its employees, salespersons or other representatives of its products and services.

c.       Planet Energy must maintain a $250,000 performance security in full force and effect for the duration of the Licence.

d.      Planet Energy must file with the Commission, pursuant to item 10.0 of the Rules for Gas Marketers, the following information:

i.         The most recent version of the documents submitted to satisfy Section 7, Financial Qualifications, of the Licence Requirements;

ii.       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, prior to commercial distribution and/or use.

e.      The Commission may, at any time and without prior notice to Planet 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. Planet Energy will return these documents forthwith upon written request from the Commission.

DATED at the City of Vancouver, in the Province of British Columbia, this            15th              day of October 2015.

                                                                                                                                BY ORDER

                                                                                                                            Original Signed By:

                                                                                                                                L. F. Kelsey

                                                                                                                                Commissioner

Attachment