June 5, 2024
Letter L-12-24
Ms. Sarah Walsh
Director, Regulatory Affairs
FortisBC Energy Inc.
16705 Fraser Highway
Surrey, BC V4N 0E8
gas.regulatory.affairs@fortisbc.com
Re: FortisBC Energy Inc. – 2024 Second Quarter Gas Cost Report for the Mainland and Vancouver Island Service Area, and the Fort Nelson Service Area
Dear Ms. Walsh:
On May 29, 2024, FortisBC Energy Inc. (FEI) filed with the BCUC its 2024 Second Quarter Gas Cost Report for the Mainland and Vancouver Island Service Area, and the Fort Nelson Service Area (Report), which includes details regarding the Commodity Cost Reconciliation Account and Midstream Cost Reconciliation Account.
The BCUC notes that the Commodity Cost Recovery Charge for the Mainland and Vancouver Island Service Area, and the Fort Nelson Service Area was last changed by Order G-244-23, when it decreased by $0.929 per gigajoule from $3.159 per gigajoule to $2.230 per gigajoule, effective October 1, 2023.
The BCUC has reviewed the Report within the context of the quarterly gas costs review and rate-setting mechanism guidelines pursuant to Letters L-5-01, L-40-11, and L-15-16. The BCUC acknowledges receipt of the Report and accepts FEI’s recommendation that the Commodity Cost Recovery Charge for the Mainland and Vancouver Island Service Area, and the Fort Nelson Service Area remain unchanged at $2.230 per gigajoule, effective July 1, 2024.
The BCUC will hold the information in Tab 3 and Tab 4 of the Report confidential, as requested by FEI, as it contains market-sensitive information, until such time that BCUC determines otherwise.
Sincerely,
Original signed by:
Patrick Wruck
Commission Secretary
KC/kk