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FortisBC Energy Inc. granted acceptance of $627 million in demand side management expenditures from 2024 to 2027

Fasken
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Overview

Client

FortisBC Energy Inc.

FortisBC Energy Inc., the largest gas distribution utility in the province, applied for and received from the British Columbia Utilities Commission (BCUC) acceptance of $627 million in Demand Side Management expenditures from 2024 to 2027.

The demand-side management expenditures were a significant increase in expenditures reflecting a move from convention to advanced demand-side management, such as gas heat pumps, dual-fuel hybrid heating systems, and deeper retrofits.

Chris Bystrom (Energy) and Niall Rand (Energy) acted as lead counsel for FortisBC providing full regulatory support.

Jurisdiction

  • British Columbia

Team

  • Chris Bystrom, Partner, Vancouver, BC, +1 604 631 4715, cbystrom@fasken.com
  • Niall Rand, Associate, Vancouver, BC, +1 604 631 3143, nrand@fasken.com