Orders

ORDER NUMBER

G-66-24

 

IN THE MATTER OF

the Utilities Commission Act, RSBC 1996, Chapter 473

 

and

 

Nelson Hydro

2024 Revenue Requirements Application

 

BEFORE:

E. B. Lockhart, Panel Chair

M. Jaccard, Commissioner

W. E. Royle, Commissioner

 

on March 12, 2024

 

ORDER

WHEREAS:

 

A.      On October 31, 2023, Nelson Hydro filed an application with the British Columbia Utilities Commission (BCUC) seeking approval of a general annual rate increase of 6.2 percent for the Rural service area, among other matters, pursuant to sections 59 to 61 of the Utilities Commission Act (UCA) (Application);

B.      Nelson Hydro is owned and operated by the City of Nelson and is excluded from regulation under the UCA to the extent it is serving customers within its municipal boundaries. Accordingly, the BCUC’s review of the Application pertains solely to Nelson Hydro’s non-municipal, or Rural, ratepayers;

C.      By Order G-321-23 dated November 24, 2023, the BCUC approved Nelson Hydro’s requested rate increase of 6.2 percent that applies to all Rural customer classes on an interim, refundable and recoverable basis, effective January 1, 2024, and established a regulatory timetable for the review of the Application;

D.      On January 15, 2024, Nelson Hydro filed an evidentiary update pursuant to the BCUC’s decision and Order G-330-23 dated December 5, 2023, regarding the Nelson Hydro 2023 Revenue Requirement Application. Nelson Hydro recalculates the 2024 rate increase to be 4.26 percent for the Rural service area and proposes to track any variance between the 2024 interim and permanent rates in a deferral account;

E.       On February 22, 2024, pursuant to the regulatory timetable set out in Order G-321-23, Nelson Hydro filed responses to BCUC Information Request No. 1, and

F.       The BCUC has reviewed the information on the evidentiary record and determines that reopening the evidentiary record of this proceeding is warranted to accommodate Panel Information Request No.1.

 

NOW THEREFORE the BCUC establishes an amended regulatory timetable as set out in Appendix A to this order.

 

 

DATED at the City of Vancouver, in the Province of British Columbia, this             12^th              day of March 2024.

 

BY ORDER

 

Original signed by:

 

E.B. Lockhart

Commissioner

 

 

Attachment

 

 

Nelson Hydro

2024 Revenue Requirements Application