ORDER NUMBER
E-5-23
IN THE MATTER OF
the Utilities Commission Act, RSBC 1996, Chapter 473
and
FortisBC Energy Inc.
Section 71 Filing of a GasEDI Base Contract
with Concord Energy LLC
BEFORE:
B. A. Magnan, Panel Chair
C. M. Brewer, Commissioner
E. B. Lockhart, Commissioner
T. A. Loski, Commissioner
on March 30, 2023
ORDER
WHEREAS:
A. On March 8, 2023, FortisBC Energy Inc. (FEI) filed with the British Columbia Utilities Commission (BCUC) a copy of a fully executed Gas Electronic Data Interface (GasEDI) Base Contract negotiated between Concord Energy LLC (Concord) and FEI (FEI-Concord GasEDI Contract);
B. By Order G-130-06 dated October 26, 2006, the BCUC approved the Rules for Natural Gas Energy Supply Contracts (Rules). The Rules are intended to facilitate the BCUC’s review of natural gas energy supply contracts pursuant to section 71 of the Utilities Commission Act (UCA);
C. By Order G-79-01 and Order G-197-11 dated July 20, 2001 and November 28, 2011 respectively, the BCUC approved amendments to Rate Schedule 30, which contains the GasEDI Base Contract and FEI’s set of Standard Provisions, which are used by FEI as the starting point for negotiation with counterparties in its gas contracting;
D. By Order G-58-20 dated March 19, 2020, the BCUC approved the most recent amendments to FEI’s Standard Provisions in Rate Schedule 30;
E. By Letter L-21-22 dated June 3, 2022, the BCUC accepted the FEI Annual Contracting Plan (ACP) for the 2022/23 gas year commencing November 1, 2022;
F. FEI requests the details of the Filing be kept confidential due to its commercially sensitive nature and to ensure that FEI’s ability to obtain favourable commercial terms for future natural gas contracting is not impaired; and
G. The BCUC has reviewed the Filing and is satisfied FEI-Concord GasEDI Contract is in the public interest.
NOW THEREFORE pursuant to section 71 of the UCA and the Rules for Natural Gas Energy Supply Contracts, the BCUC orders as follows:
1. The FEI-Concord GasEDI Contract dated March 7, 2023 is accepted as filed.
2. The BCUC will keep the Filing confidential as requested by FEI as it contains commercially sensitive information.
DATED at the City of Vancouver, in the Province of British Columbia, this 30th day of March 2023.
BY ORDER
Original signed by:
B. A. Magnan
Commissioner