ORDER NUMBER
G-102-24
IN THE MATTER OF
the Utilities Commission Act, RSBC 1996, Chapter 473
and
FortisBC Energy Inc.
Marketer Cost Variance Deferral Account
BEFORE:
W. E. Royle, Panel Chair
on April 5, 2024
ORDER
WHEREAS:
A. On March 27, 2024, FortisBC Energy Inc. (FEI) applied for approval from the British Columbia Utilities Commission (BCUC) to continue the Marketer Cost Variance deferral account for the Customer Choice Program (Application);
B. On October 18, 2016, the BCUC issued Order A-9-16 regarding FEI’s Application for the Customer Choice Program Cost Recovery which, among other things, approved the establishment of the non-rate base Marketer Cost Variance deferral account effective April 1, 2017 for a period of five years. This deferral account was approved to record any under or over recovery of gas marketer fees to be used as a debit or credit when these fees are set annually during the year-end reconciliation and annual marketer fee adjustment process;
C. On July 14, 2023, the BCUC issued Order A-2-23 directing that no Customer Choice program Annual General Meeting regarding the 2022 calendar year would be established as there were no proposed issues to be addressed;
D. FEI continues to use the deferral account as intended for the year-end reconciliation and annual marketer fee adjustment process and requests continuation of the deferral account; and
E. The BCUC has commenced its review of the Application and determines that establishing a regulatory timetable is warranted.
NOW THEREFORE the BCUC orders as follows:
1. The regulatory timetable for the review of the Application is established as set out in Appendix A to this order.
2. FEI is directed to provide a copy of the Application and this order to all gas marketers currently involved in the Customer Choice Program by Tuesday, April 9, 2024.
3. FEI is directed to provide written confirmation to the BCUC that it has complied with Directive 2 of this order by Thursday, April 11, 2024.
DATED at the City of Vancouver, in the Province of British Columbia, this 5th day of April 2024.
BY ORDER
Original signed by:
W. E. Royle
Commissioner
Attachment
FortisBC Energy Inc.
Marketer Cost Variance Deferral Account
REGULATORY TIMETABLE
Action |
Date (2024) |
FEI provides notice of the application |
Tuesday, April 9 |
FEI provides confirmation of compliance with notice requirements |
Thursday, April 11 |
Letters of comment deadline |
Thursday, April 18 |
FEI response to letters of comment, if any |
Thursday, April 25 |