Corix Multi-Utility Services Inc. (Corix) recently filed an application seeking approval from the British Columbia Utilities Commission (BCUC) of a methodology used by our ultimate parent company, Corix Infrastructure Inc., to allocate corporate costs to its utility operations. Additional requests address the regulatory costs associated with the public review of the Application.
The corporate cost allocations that result from the cost allocation methodology form part of each utility’s revenue requirements and in certain cases is used to set utility rates. However, Corix is not requesting approval of the allocated corporate cost amounts in this Application. Approval of the allocated corporate costs would be requested in subsequent applications to the BCUC based on the outcome of the review process for this Application.
On June 25, 2020, the BCUC issued Order G-171-20 establishing a public written comment process in accordance with the regulatory timetable included with the Order. Parties who wish to participate as interveners in the proceeding are to register with the BCUC by completing a Request to Intervene form, found on the BCUC website, by Thursday, July 16, 2020. The Application and all associated proceeding documents can be found on the BCUC’s website at https://www.bcuc.com/OurWork/ViewProceeding?ApplicationId=778.
For more information about the BCUC, visit bcuc.com
Corix is committed to delivering safe and reliable utility service to all of its utilities. If you have any questions about this notice, please contact us via email at RegulatoryAffairs.Canada@corix.com or by calling us at 604-455-3600, Monday to Friday from 9am to 5pm.