Orders

ORDER NUMBER

G-284-22

 

IN THE MATTER OF

the Utilities Commission Act, RSBC 1996, Chapter 473

 

and

 

British Columbia Hydro and Power Authority

Fiscal 2023 to Fiscal 2025 Revenue Requirements Application

 

BEFORE:

D. M. Morton, Panel Chair

A. K. Fung, KC, Commissioner

R. I. Mason, Commissioner

A. Pape-Salmon, Commissioner

 

on October 12, 2022

 

ORDER

WHEREAS:

 

A.      On August 31, 2021, the British Columbia Hydro and Power Authority (BC Hydro) filed its Fiscal 2023 to Fiscal 2025 Revenue Requirements Application (Application) with the British Columbia Utilities Commission (BCUC) pursuant to sections 44.2, and 58 to 61 of the Utilities Commission Act requesting, among other things, interim and, after certain future determinations in other proceedings, permanent approval of the following:

(i)      Increase in rates by 0.62 percent, effective April 1, 2022, by 0.97 percent, effective April 1, 2023 and by 2.18 percent, effective April 1, 2024; and

(ii)    The fiscal 2023, fiscal 2024, and fiscal 2025 Open Access Transmission Tariff rates as set out in Table 9-4 of the Application;

B.      In the Application, BC Hydro also requested to set the Deferral Account Rate Rider on an interim and permanent basis at (2.0) percent, effective April 1, 2022 for fiscal 2023; and, on a permanent basis at (1.0) percent, effective April 1, 2023 for fiscal 2024 and (0.5) percent, effective April 1, 2024 for fiscal 2025;

C.      By Order G-239-22 the BCUC established an amended regulatory timetable for the review of the Application, which included, among other items, an oral hearing, BC Hydro’s and interveners’ written final arguments and BC Hydro’s written reply argument;

D.      During the oral hearing, the Panel canvassed parties on whether all or some portion of final arguments should be held orally; and

E.       The BCUC has considered the submissions made by the parties at the oral hearing and finds that an amended regulatory timetable for the review of the Application is warranted.

 

NOW THEREFORE the BCUC amends the regulatory timetable to accommodate a potential oral phase of argument, as set out in Appendix A to this order.

 

DATED at the City of Vancouver, in the Province of British Columbia, this               12^th             day of October 2022.

 

 

BY ORDER

 

Original signed by:

 

D. M. Morton

Commissioner

 

Attachment

 

 

British Columbia Hydro and Power Authority

F2023 to F2025 Revenue Requirements Application

 

 

 

 

*Details regarding the Oral Phase of Argument will be provided in due course.