September 12, 2019
Sent via email Letter L-45-19
Mr. Doug Slater
Director, Regulatory Affairs
FortisBC Energy Inc.
16705 Fraser Highway
Surrey, BC V4N 0E8
gas.regulatory.affairs@fortisbc.com
Re: FortisBC Energy Inc. – Revelstoke Service Area – 2019 Third Quarter Gas Cost Report
Dear Mr. Slater:
On September 4, 2019, FortisBC Energy Inc. (FEI) filed with the British Columbia Utilities Commission (BCUC) its 2019 Third Quarter Gas Cost Report for the Revelstoke service area (Report), which includes details regarding the Propane Cost Deferral Account and the related propane reference price.
The BCUC notes that the propane reference price for the Revelstoke service area was last changed effective July 1, 2019, when it was decreased by $0.0487 per litre from $0.2565 per litre to $0.2078 per litre, pursuant to Order G-129-19.
The BCUC reviewed the Report within the context of the quarterly gas costs review and rate setting mechanism guidelines pursuant to Letters L-5-01 and L-40-11. The BCUC acknowledges receipt of the Report and accepts FEI's recommendation that the propane reference price for the Revelstoke service area remain unchanged at $0.2078 per litre effective October 1, 2019.
The BCUC will hold the information in Tab 2 of the Report confidential, as requested by FEI, as it contains market sensitive information.
Sincerely,
Original signed by:
Patrick Wruck
Commission Secretary
GE/jo