23.03.2013 Views

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

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

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

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

1<br />

2<br />

3<br />

4<br />

5<br />

6<br />

7<br />

<strong>FortisBC</strong> <strong>Inc</strong>. (<strong>FortisBC</strong> or the Company)<br />

<strong>Application</strong> <strong>for</strong> a <strong>Certificate</strong> <strong>of</strong> <strong>Public</strong> Convenience and Necessity<br />

<strong>for</strong> the Advanced Metering Infrastructure Project<br />

Response to British Columbia Utilities Commission (BCUC or the Commission)<br />

In<strong>for</strong>mation Request (IR) No. 1<br />

Submission Date:<br />

October 5, 2012<br />

Page 117<br />

Table BCUC IR1 Q53.11 – Cost Sensitivity Analysis <strong>of</strong> Project Implementation Delay<br />

Response:<br />

Net AMI<br />

Errata 1<br />

6 month<br />

delay<br />

1 year<br />

delay<br />

2 year<br />

delay<br />

Project Start Date 3Q2013 2Q2014 3Q2014 3Q2015<br />

Activity ($000s)<br />

AMI Project Development and Regulatory<br />

Costs<br />

CAPEX<br />

2013 -<br />

2032<br />

2013 -<br />

2033<br />

2013 -<br />

2033<br />

2013 -<br />

2034<br />

Total $4,915 $4,915 $4,915 $4,915<br />

Total Capital Expenditure $42,773 $45,126 $45,126 $45,938<br />

Sustaining Capital<br />

Meter Growth and Replacement $4,286 $4,880 $4,880 $5,652<br />

Handheld Replacement -$1,149 -$1,149 -$899 -$1,257<br />

IT Hardware, Licensing, and Support Costs $12,767 $12,882 $12,997 $13,227<br />

Measurement Canada Compliance -$18,555 -$17,864 -$17,864 -$17,493<br />

Total Sustaining Capital -$2,651 -$1,251 -$886 $129<br />

Operating Expenses<br />

New Operating Costs $32,196 $32,486 $32,776 $33,355<br />

Meter Reading -$58,116 -$60,620 -$59,574 -$61,976<br />

Disconnect/Reconnect -$13,267 -$14,245 -$14,245 -$14,953<br />

Meter Exchanges -$1,802 -$1,087 -$1,087 -$883<br />

Contact Centre -$1,157 -$1,212 -$1,212 -$1,254<br />

Total Operating Expenses -$42,146 -$44,678 -$43,342 -$45,711<br />

Theft Reduction -$93,705 -$99,376 -$97,867 -$101,519<br />

Total -$90,814 -$95,264 -$92,054 -$96,248<br />

Project NPV -$17,629 -$16,316 -$13,162 -$11,979<br />

53.12 As the contingency <strong>for</strong> the overall project is 6.4 percent, please provide the<br />

contingency calculation.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!