British Columbia Utilities Commission
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The British Columbia Utilities Commission (BCUC) is an independent agency of the
Government of British Columbia The Government of British Columbia () is the body responsible for the administration of the Canadian province of British Columbia. The term ''Government of British Columbia'' can refer to either the collective set of all three institutions, or mo ...
responsible for regulating rates and standards of service quality. The Commission's primary responsibility is the regulation of British Columbia's natural gas and electricity utilities. They also regulate intra-provincial pipelines and the
Insurance Corporation of British Columbia The Insurance Corporation of British Columbia (ICBC) is a provincial Crown corporation in British Columbia providing vehicle insurance. ICBC was created in 1973 by the NDP government of Premier Dave Barrett. By law, any vehicle registered an ...
(ICBC), a
crown corporation Crown corporation () is the term used in Canada for organizations that are structured like private companies, but are directly and wholly owned by the government. Crown corporations have a long-standing presence in the country, and have a sign ...
responsible for insuring vehicles and operators in the province. Apart from rates and services, the BCUC is also responsible for ensuring that
shareholder A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...
s of utilities are afforded a reasonable opportunity to earn a fair return on their invested
capital Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Econom ...
, that competitive interests are not frustrated, and that government energy policy is practically implemented. In addition, it approves the development of
infrastructure Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and pri ...
planned by utilities and their issuance of
securities A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
, establishes tolls and conditions of service for intraprovincial oil
pipelines A pipeline is a system of pipes for long-distance transportation of a liquid or gas, typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countries around the world. The Un ...
, and has responsibility for
electric power transmission Electric power transmission is the bulk movement of electrical energy from a generating site, such as a power plant, to an electrical substation. The interconnected lines that facilitate this movement form a ''transmission network''. This is ...
facilities and
energy Energy () is the physical quantity, quantitative physical property, property that is transferred to a physical body, body or to a physical system, recognizable in the performance of Work (thermodynamics), work and in the form of heat and l ...
supply
contract A contract is an agreement that specifies certain legally enforceable rights and obligations pertaining to two or more parties. A contract typically involves consent to transfer of goods, services, money, or promise to transfer any of thos ...
s. The BCUC also reviews energy-related matters referred to it by
Cabinet Cabinet or The Cabinet may refer to: Furniture * Cabinetry, a box-shaped piece of furniture with doors and/or drawers * Display cabinet, a piece of furniture with one or more transparent glass sheets or transparent polycarbonate sheets * Filin ...
, which usually involve public hearings, followed by a report and recommendations to Cabinet. With respect to ICBC, the Commission is responsible for ensuring that service to basic
automobile insurance Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury ...
policyholders is adequate, efficient, just and reasonable, and that ICBC optional insurance is not subsidized by other ICBC operations. The BCUC has quasi-judicial responsibilities, and may make legally binding rulings (subject to court appeal). It is governed by its enabling statute, the ''Utilities Commission Act'', other legislation and regulations including the ''Administrative Tribunals Act, Pipeline Act'', and — with respect to ICBC — provisions of the ''Insurance Corporation Act''. The BCUC works to maintain processes that are fair, transparent and inclusive. The BCUC values input from British Columbians, and is committed to issuing well-reasoned, evidence-based decisions. In addition to its regulatory responsibilities, the Commission provides the following services and assistance: * reviews ratepayers' complaints about the actions of utilities; * provides copies of documentation prepared by the Commission; * provides access to regulated utilities'
tariff A tariff or import tax is a duty (tax), duty imposed by a national Government, government, customs territory, or supranational union on imports of goods and is paid by the importer. Exceptionally, an export tax may be levied on exports of goods ...
s and information filed in public hearings; * responds to requests for general information regarding utilities. The Commission has been self-funded since 1988. Its annual budget ranges from $4.6 to $4.7 million, with its costs recovered primarily through a levy on the energy utilities and pipelines companies that it regulates. The BCUC describes its mission as follows: ''The BCUC's mission is to ensure that ratepayers receive safe, reliable and non-discriminatory energy services at fair rates from the utilities it regulates, and that shareholders of those utilities are afforded a reasonable opportunity to earn a fair return on their invested capital.''


References


External links


BCUC website


{{BritishColumbia-stub
Utilities_Commission A public utilities commission is a quasi-governmental body that provides oversight and/or regulation of public utilities in a particular area (locality, municipality, or subnational division), especially in the United States and Canada. The utili ...
Public utilities commissions of Canada Energy in British Columbia