Orders

ORDER NUMBER

G-10-23

 

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 January 18, 2023

 

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-386-22 the BCUC established an amended regulatory timetable for the review of the Application, which included, among other items, a Streamlined Review Process (SRP);

D.      By letter dated December 23, 2022, marked Exhibit A-42, the BCUC outlined items for participants to address in final argument. At the SRP, the BCUC Panel Chair’s opening remarks requested participants to include an additional item in their final arguments;

E.       During the SRP held on January 16, 2023, the BCUC canvassed participants regarding the process for final arguments on the items outlined in Exhibit A-42 and the BCUC Panel Chair’s opening remarks at the SRP, and arguments on AMPC’s proposal as raised at the SRP; and

F.       The BCUC has considered the submissions made by participants at the SRP and determines that an amended regulatory timetable is warranted.

 

NOW THEREFORE the BCUC establishes an amended regulatory timetable, as set out in Appendix A to this order.

 

DATED at the City of Vancouver, in the Province of British Columbia, this             18^th           day of January 2023.

 

 

BY ORDER

 

Original signed by:

 

D. M. Morton

Commissioner

 

Attachment

British Columbia Hydro and Power Authority

F2023 to F2025 Revenue Requirements Application

 

 

 

*         The Panel requests that AMPC put forward its proposal, if any and as referenced at the SRP, as part of its final argument.