BRITISH COL UMBIA UTILITIES COM MISSION ORDER NUMBER G -117-07 SIXTH FLOOR, 900 HOWE STREET, BOX 250 TELEPHONE: (604) 660-4700 VANCOUVER, B.C. V6Z 2N3 CANADA BC TOLL FREE: 1-800-663-1385 web site: http://www.bcuc.com FACSIMILE: (604) 660-1102 IN THE MATTER OF the Utilities Commission Act, R.S.B.C. 1996, Chapter 473 and FortisBC Inc. 2007 Annual Review, 2008 Revenue Requirements and Negotiated Settlement Process BEFORE: L.A. O’Hara, Commissioner September 21, 2007 O R D E R WHEREAS: A. Commission Order No. G-58-06 approved for FortisBC Inc. (“FortisBC” or “Company”) a Performance Based Regulation Settlement for the years 2007, 2008 and potentially 2009 (the “PBR Settlement”). The PBR Settlement requires FortisBC to hold an Annual Review, Workshop and Negotiated Settlement Process (“NSP”) each November with a goal of achieving firm rates by December 1 st for the following year; and B. The Annual Review compares the Company’s actual performance for the recently completed year to the approved targets for the Performance Standards to determine whether the Company is entitled to an incentive payment. The Revenue Requirements Workshop is to focus on future test periods and the NSP is conducted to establish rates for the following year; and C. By letter dated September 14, 2007, the Company proposed a regulatory timetable for the filing of its Preliminary 2008 Revenue Requirements Application on October 1, 2007 along with an Annual Review and 2008 Revenue Requirements Workshop on November 8, 2007 followed by a NSP on November 9, 2007; and D. The Commission has reviewed FortisBC’s proposed regulatory timetable and considers that the establishment of a Regulatory Timetable for the 2007 Annual Review, a 2008 Revenue Requirements Workshop and NSP is warranted. NOW THEREFORE the Commission orders as follows: 1. The Commission will hold for FortisBC a 2007 Annual Review on November 8, 2007 in Kelowna, B.C. to review FortisBC’s 2007 performance results and to determine the Company’s eligibility for an incentive payment. The 2008 Revenue Requirements Workshop and NSP will also be held in Kelowna, B.C. A Regulatory Timetable is attached as Appendix A to this Order. . . ./2
2 2. No later than Monday, October 1, 2007, FortisBC is to provide the Commission, along with all parties who participated in the previous PBR Settlements, copies of the Preliminary 2008 Revenue Requirements material. 3. No later than Thursday, November 1, 2007, FortisBC is to provide the Commission and all Registered Intervenors advance information regarding all material variances pertaining to cost of service, sales volume and revenue for the historical period to be presented at the Annual Review. 4. FortisBC is to provide a copy of this Commission Order and Regulatory Timetable to all parties who participated in other FortisBC’s regulatory proceedings during the past year. 5. Those persons wishing to participate in FortisBC’s 2007 Annual Review, the 2008 Revenue Requirements Workshop and NSP are to advise the Commission Secretary in writing of their intention to do so, no later than Friday, October 26, 2007. DATED at the City of Vancouver, in the Province of British Columbia, this 21 Attachment Orders/G-117-07_FortisBC_2007 AnnRvw-NSP 2008RR BRITISH COLUMBIA UTILITIES COMMISSION ORDER NUMBER G-117-07 st day of September 2007. BY ORDER Original signed by: L.A. O’Hara, Commissioner
FORTISBC INC. 2007 Annual Review, 2008 Revenue Requirements and Negotiated Settlement Process REGULATORY TIMETABLE ACTION FortisBC files Preliminary 2008 Revenue Requirements Material Registration deadline for Intervenors and Interested Parties Commission and Intervenor Information Requests issued to FortisBC Responses to Information Requests by FortisBC FortisBC files advance materials for the Annual Review 2007 Annual Review and 2008 Revenue Requirements Workshop commencing at 9:00 a.m. Negotiated Settlement Process Location of Annual Review and Negotiated Settlement Process Best Western Inn 2402 Highway 97 North Kelowna, B.C. APPENDIX A to Order No. G-117-07 Page 1 of 1 DATES Monday, October 1, 2007 Thursday, October 4, 2007 Friday, October 12, 2007 Wednesday, October 24, 2007 Thursday, November 1, 2007 Thursday, November 8, 2007 Friday, November 9, 2007 at a time to be determined following the Workshop
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