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This document provides information related to the stepped and stand-by rates for transmission customers of FortisBC Inc.
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How to fill out stepped and stand-by rates

To fill out stepped and stand-by rates, follow these steps:
01
Gather the necessary information for the rates, such as the usage history and any applicable discounts or special pricing.
02
Determine the thresholds or tiers for the stepped rates, which are different levels of usage that correspond to different pricing.
03
Calculate the pricing for each tier based on the predetermined rates.
04
Fill out the stepped rate table or worksheet with the appropriate pricing for each tier.
05
Additionally, for stand-by rates, identify the circumstances under which this pricing applies, such as during off-peak hours or for customers with minimal usage.
06
Determine the pricing structure for the stand-by rates, whether it's a flat fee or a percentage discount off the standard rates.
07
Fill out the stand-by rate documentation with the relevant pricing information.
Stepped and stand-by rates are typically needed by utility companies or service providers that offer tiered pricing based on consumption levels. This can include electric companies, water utilities, telecommunications companies, or even internet service providers. Stepped rates allow these companies to incentivize lower usage by offering lower prices at lower consumption levels. On the other hand, stand-by rates are useful for customers who require minimum usage or those who prefer to use services during off-peak hours when there is less demand.
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What is stepped and stand-by rates?
Stepped and stand-by rates are a type of electricity pricing structure where the cost of electricity increases in steps as usage increases, or where a lower rate is charged for electricity usage during off-peak hours.
Who is required to file stepped and stand-by rates?
Utility companies and electricity providers are required to file stepped and stand-by rates with the appropriate regulatory agency.
How to fill out stepped and stand-by rates?
To fill out stepped and stand-by rates, utility companies and electricity providers need to provide details about the different pricing tiers, the specific times for off-peak hours, and any other relevant information requested by the regulatory agency.
What is the purpose of stepped and stand-by rates?
The purpose of stepped and stand-by rates is to incentivize electricity consumers to reduce their peak hour usage and shift it to off-peak hours, thus reducing strain on the electricity grid during peak times.
What information must be reported on stepped and stand-by rates?
The information that must be reported on stepped and stand-by rates includes the different pricing tiers, the rates for each tier, the specific times for off-peak hours, and any additional charges or fees associated with the rates.
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