September 10, 2020
Sent via email Letter L-57-20
Ms. Diane Roy
Vice President, Regulatory Services
FortisBC Energy Inc.
16705 Fraser Highway
Surrey, BC V4N 0E8
gas.regulatory.affairs@fortisbc.com
Re: FortisBC Energy Inc. – Revelstoke Service Area – 2020 Third Quarter Gas Cost Report
Dear Ms. Roy:
On September 2, 2020, FortisBC Energy Inc. (FEI) filed with the British Columbia Utilities Commission (BCUC) its 2020 Third Quarter Gas Cost Report for Revelstoke (Q3 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 August 1, 2020, when it was increased by $0.0133 per litre from $0.2500 to $0.2633 per litre by Order G-191-20, dated July 16, 2020.
The BCUC reviewed the Q3 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 Q3 Report and accepts FEI's recommendation that the propane reference price for the Revelstoke service area remain unchanged at $0.2633 per litre effective October 1, 2020.
The BCUC will hold the information in Tab 2 of the Q3 Report confidential, as requested by FEI, as it contains market-sensitive information.
Sincerely,
Original signed by Jessica O’Brien for:
Marija Tresoglavic
Acting Commission Secretary
NM/cmv