Orders

ORDER NUMBER

G-301-19

IN THE MATTER OF

the Utilities Commission Act, RSBC 1996, Chapter 473

and

British Columbia Hydro and Power Authority

Application for 2019 Letter Agreement with Powerex Corp.

BEFORE:

T. A. Loski, Commissioner

on November 27, 2019

ORDER

WHEREAS:

A.      On August 2, 2019, British Columbia Hydro and Power Authority (BC Hydro) filed an application with the British Columbia Utilities Commission (BCUC) seeking approval of a letter agreement dated June 6, 2019, (2019 Letter Agreement) between BC Hydro and Powerex Corp. (Powerex), pursuant to section 71 of the Utilities Commission Act (UCA) (Application);

B.      The 2019 Letter Agreement enables BC Hydro to enter into forward electricity purchase transactions by which Powerex agrees to sell and deliver and BC Hydro agrees to purchase and receive wholesale electricity (Agreement);

C.      The Agreement is a long-term arrangement in effect until terminated by either party;

D.      By Order G-61-12 dated May 17, 2012, the BCUC established the Rules for Energy Supply Contracts (ESC) for Electricity (Rules). The Rules are intended to facilitate the BCUC’s review of ESCs and proposed ESCs for electricity;

E.       By Orders G-204-19, G-243-19 and G-288-19, the BCUC established and subsequently amended the Regulatory Timetable for review of the Application;

F.       By October 24, 2019, BC Hydro filed its responses to BCUC and intervener information requests (IR) pursuant to Order G-243-19;

G.     By November 21, 2019, BC Hydro filed its responses to Panel IR No. 1 pursuant to Order G-288-19; and

H.      The Panel considers that amendment of the Regulatory Timetable is warranted.

NOW THEREFORE pursuant to section 71 of the UCA, the BCUC orders that the Regulatory Timetable established by Order G-288-19 is amended as set out in Appendix A to this order.

DATED at the City of Vancouver, in the Province of British Columbia, this          27th            day of November 2019.

BY ORDER

Original Signed By:

T. A. Loski

Commissioner

Attachment

British Columbia Hydro and Power Authority

Application for 2019 Letter Agreement with Powerex Corp.