Orders

October 28, 2020                                                                                                                                                                                            

Sent via email                                                                                                                                                                       Letter L-65-20

Re:         British Columbia Utilities Commission Annual Report Requirements

To Regulated Utilities Submitting Annual Reports:

 Background

On December 15, 1994, the British Columbia Utilities Commission (BCUC), in compliance with section 24 (formerly section 29) of the Utilities Commission Act (UCA), issued Letter L-36-94 instructing the utilities under its jurisdiction to file an Annual Report within four months after the end of the financial year. On April 10, 1995, the BCUC issued Letter L-14-95 adding an additional employee compensation reporting requirement. On December 18, 2015, the BCUC issued Letter L-45-15 updating the Annual Report filing requirements for changes to the UCA.

The BCUC is empowered to require the Annual Report filing pursuant to section 49 of the UCA, which states that:

The commission may, by order, require every public utility to do one or more of the following:

a) keep the records and accounts of the conduct of the utility's business that the commission may specify, and for public utilities of the same class, adopt a uniform system of accounting specified by the commission;

(b) provide, at the times and in the form and manner the commission specifies, a detailed report of finances and operations, verified as specified;

(c) file with the commission, at the times and in the form and manner the commission specifies, a report of every accident occurring to or on the plant, equipment or other property of the utility, if the accident is of such nature as to endanger the safety, health or property of any person;

Letter L-45-15, Directive 1 states:

In the years when an [sic] Long Term Resource Plan is not filed, the section 45(6) filings of capital budget statements and system plans should be made in the Annual Report to the Commission;

Section 45(6) of the UCA states:

A public utility must file with the commission at least once each year a statement in a form prescribed by the commission of the extensions to its facilities that it plans to construct.

Filing Requirements Updated for Capital Expenditures

Consistent with past instruction, in order to keep itself informed about utility activities, the BCUC instructs the regulated public utilities under its jurisdiction to provide the following Capital Expenditures table in their Annual Reports, pursuant to sections 24 and 45 of the UCA.

Sincerely,

Original signed by:

Marija Tresoglavic

Acting Commission Secretary

SS/cmv