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Decision Information

Decision Content

IN THE MATTER OF

the Utilities Commission Act, R.S.B.C. 1996, Chapter 473

 

and

 

An Application by Connect Energy Partnership

for Renewal of its Gas Marketer Licence

under the Customer Choice Program

 

BEFORE:               D.A. Cote, Commissioner                                             September 16, 2010

                                A.A. Rhodes, Commissioner

 

O  R  D  E  R

 

WHEREAS:

A.    On August 26, 2010, Connect Energy Partnership (Connect Energy) applied to the British Columbia Utilities Commission (Commission) for approval of a Gas Marketer Licence (Application).  The Application included the payment of the $1,000 Application Fee and a $250,000 Letter of Credit, pursuant to items 2 and 3 respectively, of the Licence Requirements;

 

B.    The Commission has reviewed Connect Energy’s Application and relying upon the information and representations made by Connect Energy, finds that approval of a Gas Marketer Licence, subject to conditions, is warranted.

 

 

NOW THEREFORE pursuant to section 71.1(6) of the Utilities Commission Act the Commission orders as follows:

 

1.       The Commission issues to Connect Energy a Gas Marketer Licence for the period November 1, 2010, to October 31, 2011.

 

2.       The Gas Marketer Licence is subject to the following conditions:

 

a.       Connect Energy will carry out the undertakings as set out in the Application for a Gas Licence to Market Natural Gas dated August 26, 2010 and the Rules for Gas Marketers.

 

b.      Connect Energy will comply with the Code of Conduct for Gas Marketers and Rate Schedule 36 of Terasen Gas Inc.

 

c.       Connect Energy will maintain a Letter of Credit or acceptable substitute in full force and effect for the duration of the Licence.

 

d.      Connect Energy will maintain a Working Capital position of at least $50,000 and a Current Ratio of assets to liabilities of at least 1.10.

 

e.      The Commission may, at any time and without prior notice to Connect Energy, amend or impose new terms and conditions on, suspend, or cancel the Gas Marketer Licence for reasons the Commission, in its sole discretion, deems and considers sufficient.

 

f.        The Gas Marketer Licence and all copies of it shall remain the property of the Commission and Connect Energy will return these documents forthwith upon written request from the Commission.

 

g.       Connect Energy will file with the Commission unaudited quarterly financial statements no later than 45 days after the end of the relevant quarter, pursuant to item 5 of the Licence Requirements.

 

h.      This Licence does not allow for Connect Energy to solicit residential customers under the Customer Choice Program.  In order to market to residential customers, Connect Energy will need to apply for an amended Licence.

 

i.         Connect Energy shall ensure that its employees, salespersons or other representatives of its products and services comply with the standards required of a Gas Marketer as set out in the Code of Conduct for Gas Marketers.  Connect Energy shall be responsible for the non-compliance of its employees, salespersons or other representatives of its products and services with the Code of Conduct for Gas Marketers.

 

 

DATED at the City of Vancouver, in the Province of British Columbia, this     16th      day of September 2010.

 

                                                                                                                                BY ORDER

 

                                                                                                                                Original signed by:

                                                                                                                                D.A. Cote

                                                                                                                                Commissioner

 

Attachment

 


 

 

                                                                BCUC1

 

 

 

 

Licence No. A-19-10

GAS  MARKETER  LICENCE

 

 

Connect Energy Partnership

 

                        is granted a licence for the purpose of providing advice to, or acting on behalf of, a low volume consumer (1)

                        purchasing gas directly in the Province of British Columbia subject to the terms and conditions contained

                        in Commission Order A-19-10, which are set out in the reverse of the Licence.

 

 

BRITISH COLUMBIA UTILITIES COMMISSION

 

 

 

_______________________________________

Commissioner

 

                ISSUED:           November 1, 2010

            EXPIRES:         October 31, 2011

 

(1)           As described in the Rules for Gas Marketers

 

 

 

2.       The Gas Marketer Licence is subject to the following conditions:

 

a.       Connect Energy will carry out the undertakings as set out in the Application for a Gas Licence to Market Natural Gas dated August 26, 2010 and the Rules for Gas Marketers.

 

b.      Connect Energy will comply with the Code of Conduct for Gas Marketers and Rate Schedule 36 of Terasen Gas Inc.

 

c.       Connect Energy will maintain a Letter of Credit or acceptable substitute in full force and effect for the duration of the Licence.

 

d.      Connect Energy will maintain a Working Capital position of at least $50,000 and a Current Ratio of assets to liabilities of at least 1.10.

 

e.      The Commission may, at any time and without prior notice to Connect Energy, amend or impose new terms and conditions on, suspend, or cancel the Gas Marketer Licence for reasons the Commission, in its sole discretion, deems and considers sufficient.

 

f.        The Gas Marketer Licence and all copies of it shall remain the property of the Commission and Connect Energy will return these documents forthwith upon written request from the Commission.

 

g.       Connect Energy will file with the Commission unaudited quarterly financial statements no later than 45 days after the end of the relevant quarter, pursuant to item 5 of the Licence Requirements.

 

h.      This Licence does not allow for Connect Energy to solicit residential customers under the Customer Choice Program.  In order to market to residential customers, Connect Energy will need to apply for an amended Licence.

 

i.         Connect Energy shall ensure that its employees, salespersons or other representatives of its products and services comply with the standards required of a Gas Marketer as set out in the Code of Conduct for Gas Marketers.  Connect Energy shall be responsible for the non-compliance of its employees, salespersons or other representatives of its products and services with the Code of Conduct for Gas Marketers.

 

 

 

 

 

 

 

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