BC H YDRO F2020F2021 R EVENUE R EQUIREMENTS E XHIBIT A2-3 Mr. Fred - PDF document

Patrick Wruck Suite 410, 900 Howe Street Commission Secretary Vancouver, BC Canada V6Z 2N3 P: 604.660.4700 Commission.Secretary@bcuc.com TF: 1.800.663.1385 F: 604.660.1102 bcuc.com September 20, 2019 Sent via eFile BC H YDRO F2020–F2021 R EVENUE R EQUIREMENTS E XHIBIT A2-3 Mr. Fred James Chief Regulatory Officer Regulatory & Rates Group British Columbia Hydro and Power Authority 16th Floor - 333 Dunsmuir Street Vancouver, BC V6B 5R3 bchydroregulatorygroup@bchydro.com Re: British Columbia Hydro and Power Authority – F2020 to F2021 Revenue Requirements Application – Project No. 1598990 Dear Mr. James: Commission staff submit the following document for the record in this proceeding: British Columbia Utilities Commission F2020 to F2021 Revenue Requirements Application Community Input Session Staff Presentation Sincerely, Original Signed By: Patrick Wruck Commission Secretary /nd Attachment File 59886 | Community Input Session BCUC Staff Presentation 1 of 1

BCUC Staff Presentation BC Hydro F2020 to F2021 Revenue Requirements Application 1

Proceeding Panel o David Morton Panel Chair and Commissioner o Anna Fung Commissioner o Blair Lockhart Commissioner o Richard Mason Commissioner 2

Overview 1. About the BCUC 2. About BC Hydro’s F2020 to F2021 Revenue Requirements (Rates) Application 3. BCUC Review Process -------------------------- Speakers’ presentations to the Panel 3

About the BCUC o Independent regulatory agency of the Government of British Columbia o Responsible for regulating BC’s energy utilities (gas, electric, & thermal), intra-provincial pipelines, reliability of the electrical transmission grid; and ICBC’s basic compulsory auto insurance rates, o Operates at arms’ length of government and exercises role in a nonpartisan manner o Governed by the Utilities Commission Act and other legislation such as the Clean Energy Act , Freedom of Information and Protection of Privacy Act , and Administrative Tribunals Act 4

BC Hydro’s Application (February 25, 2019) Approvals Sought * o General rate increases of 6.85% for fiscal 2020 o Depreciation Rates for certain asset and 0.72% for fiscal 2021 classes o Open Access Transmission Tariff o Reduce Deferral Account Rate Rider from 5% Rates to 0% effective April 1, 2019 o Net impact of the above is a billable rate o Demand Side Management increases of 1.76% April 1, 2019 and expenditures schedule 0.72% April 1, 2020 o Re-consideration of three previous o No request for new regulatory accounts BCUC Directives o Six changes and close two regulatory accounts * BC Hydro presentation from March 15, 2019 Workshop, slide 11 5

BC Hydro’s Application BC Hydro presentation from March 15, 2019 Workshop, slide 5 6

BC Hydro’s Evidentiary Update (August 22, 2019) Cost Component Fiscal 2020 Fiscal 2021 -0.99% ($ billion) ($ billion) Cost of Energy 1.69 1.61 Operating Costs 0.79 0.80 Taxes 0.25 0.26 Capital Amortization 1.10 1.12 Finance Charges 0.74 0.70 Return on Equity 0.71 0.71 Net Other* (0.05) (0.01) Total Revenue Requirement** 5.22 5.20 *Net Other includes Non-Base Operating Costs, Miscellaneous Revenue, Inter-Segment Revenue, Subsidiary Net Income, Other Utilities Revenue, and Liquefied Natural Gas Revenue. **Totals may not add due to rounding 7

Sample Bill (based on August 22, 2019 update) 8

BC Hydro’s Evidentiary Update (August 22, 2019) 9

BCUC Review Process 10

Get Involved The BCUC is committed to conducting open and transparent review processes, where members of the public have an opportunity to participate and assist the Panel in its decision-making process. We want to hear from members of the public, and ensure their voices are considered in our processes. We take public input seriously and work hard to ensure ratepayers’ interests are given fair consideration. Members of the public can participate in the proceeding by: 11

Questions? British Columbia Utilities Commission Phone: 604.660.4700 Suite 410, 900 Howe Street BC Toll-free: 1.800.663.1385 Vancouver, BC Canada V6Z 2N3 Fax: 604.660.1102 Email: commission.secretary@bcuc.com Twitter: @BCUtilitiesCom bcuc.com 12

Speaker Presentations o Transcribed and live audio-streamed at www.bcuc.com o State your first name and spell your last name o Tell us if you represent an organization 13