ORDER NUMBER
G-189-17
IN THE MATTER OF
the Utilities Commission Act, RSBC 1996, Chapter 473
and
FortisBC Energy Inc.
Application for Approval of Rates and Contract for Liquefied Natural Gas (LNG)
Fueling Service to Ledcor LNG Group Ltd. from the LNG Fueling Station
Located at Cool Creek Energy Ltd.
BEFORE:
B. A. Magnan, Commissioner
W. M. Everett, QC, Commissioner
on December 15, 2017
ORDER
WHEREAS:
A. On December 12, 2017, FortisBC Energy Inc. (FEI) applied to the British Columbia Utilities Commission (Commission), pursuant to sections 59 to 61 and 89 of the Utilities Commission Act (UCA), for approval of the rates established in the fueling services agreement between FEI and Ledcor LNG Group Ltd. (Ledcor) (Ledcor-Cool Creek Agreement) on an interim and permanent basis, effective January 3, 2018 (Application);
B. On December 12, 2017, FEI and Ledcor entered into the Ledcor-Cool Creek Agreement, which established the terms, conditions and rates for Ledcor to receive LNG fueling service from the LNG station located at Cool Creek Energy Ltd. in Kamloops, British Columbia; and
C. The Commission has commenced review of the Application and determines that interim rates should be approved.
NOW THEREFORE pursuant to sections 59 to 61 and 89 of the UCA, the Commission orders as follows:
1. The rates established in the Ledcor-Cool Creek Agreement are approved on an interim basis, effective January 3, 2018.
2. FEI is directed to refund/recover the variance between the interim rates and the permanent rates, as determined by the Commission following the final determination of the Application, with interest calculated at the average prime rate of FEI’s principal bank for its most recent year.
3. FEI is to file the Ledcor-Cool Creek Agreement in tariff supplement form for endorsement by the Commission within 30 days of the date of this order.
DATED at the City of Vancouver, in the Province of British Columbia, this 15th day of December 2017.
BY ORDER
Original signed by:
B. A. Magnan
Commissioner