FortisBC Inc. (FortisBC) Application for a Certificate of Public ...

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Response:
FortisBC Inc. (FortisBC or the Company)
Application for a Certificate of Public Convenience and Necessity
for the Advanced Metering Infrastructure Project
Response to British Columbia Utilities Commission (BCUC or the Commission)
Information Request (IR) No. 1
($000s)
2007 AMI Application Incurred Costs $275
2012 AMI Application incurred Costs
(including consultants) $2,640
Increase $ $2,365
Increase % 860%
2012 AMI Application incurred Costs $2,640
Add:
Regulatory Process (forecast) $2,000
= Total Forecast 2012 AMI Application
Costs $4,640
2007 AMI Application incurred Costs $275
Increase $ $4,365
Increase % 1687%
Regulatory Process Costs as a % of
Total Forecast 2012 AMI Application
Costs 43%
Submission Date:
October 5, 2012
Page 102
50.1.1 Please list and describe the factors that have resulted in 2012 AMI
Application costs incurred to date that are $1,396 thousand, or 480
percent, higher than the 2007 AMI Application costs.
2012 AMI Application costs incurred to date are $2,365,000, or 860 percent, higher than the
2007 AMI Application costs.
Commission Order G-168-08, denying a CPCN for the 2007 AMI Application, stated, among
other things, that “the Commission Panel considers that the risk of exposure to unknown costs
of future elements of the program outweighs the value of any savings associated with the
current AMI Project application” (page 22).