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The British Columbia Utilities Commission (BCUC) is an independent agency of the Government of British Columbia 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.[1] They also regulate intra-provincial pipelines and the Insurance Corporation of British Columbia (ICBC), a crown corporation responsible for insuring vehicles and operators in the province.
Apart from rates and services, the BCUC is also responsible for ensuring that shareholders of utilities are afforded a reasonable opportunity to earn a fair return on their invested capital, that competitive interests are not frustrated, and that government energy policy is practically implemented. In addition, it approves the development of infrastructure planned by utilities and their issuance of securities, establishes tolls and conditions of service for intraprovincial oil pipelines, and has responsibility for electric power transmission facilities and energy supply contracts. The BCUC also reviews energy-related matters referred to it by Cabinet, 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 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' tariffs 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.
Referencesedit
^"Welcome to the British Columbia Utilties Commission - British Columbia Utilities Commission". www.bcuc.com.
External linksedit
BCUC website.
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british, columbia, utilities, commission, this, article, multiple, issues, please, help, improve, discuss, these, issues, talk, page, learn, when, remove, these, template, messages, this, article, relies, largely, entirely, single, source, relevant, discussion. This article has multiple issues Please help improve it or discuss these issues on the talk page Learn how and when to remove these template messages This article relies largely or entirely on a single source Relevant discussion may be found on the talk page Please help improve this article by introducing citations to additional sources Find sources British Columbia Utilities Commission news newspapers books scholar JSTOR August 2021 This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources British Columbia Utilities Commission news newspapers books scholar JSTOR August 2021 Learn how and when to remove this template message Learn how and when to remove this template message The British Columbia Utilities Commission BCUC is an independent agency of the Government of British Columbia 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 1 They also regulate intra provincial pipelines and the Insurance Corporation of British Columbia ICBC a crown corporation responsible for insuring vehicles and operators in the province Apart from rates and services the BCUC is also responsible for ensuring that shareholders of utilities are afforded a reasonable opportunity to earn a fair return on their invested capital that competitive interests are not frustrated and that government energy policy is practically implemented In addition it approves the development of infrastructure planned by utilities and their issuance of securities establishes tolls and conditions of service for intraprovincial oil pipelines and has responsibility for electric power transmission facilities and energy supply contracts The BCUC also reviews energy related matters referred to it by Cabinet 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 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 tariffs 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 edit Welcome to the British Columbia Utilties Commission British Columbia Utilities Commission www bcuc com External links editBCUC website The Utilities Commission Act the enabling legislation of the BCUC nbsp This British Columbia related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title British Columbia Utilities Commission amp oldid 1172187399, wikipedia, wiki, book, books, library,
