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This document provides errata and amendments to the FortisBC 2009 Rate Design and Cost of Service Application, detailing changes in rate schedules and definitions relevant to customer service rates
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How to fill out FORTISBC – 2009 RATE DESIGN COST OF SERVICE

01
Gather all necessary financial statements and data related to your utility services.
02
Identify the relevant cost categories, including operating expenses, capital costs, and any other financial obligations.
03
Determine the cost allocation methods that will be used for each service type.
04
Complete the 'Revenue Requirements' section by calculating total revenue needed to cover costs.
05
Fill out the 'Cost of Service' sections, distributing costs across customer classes appropriately.
06
Analyze the data to ensure accuracy and validate calculations.
07
Prepare any additional supporting documentation required for submission.
08
Review the completed form for consistency and compliance with regulatory standards.
09
Submit the completed FORTISBC – 2009 RATE DESIGN COST OF SERVICE form to the appropriate regulatory body.

Who needs FORTISBC – 2009 RATE DESIGN COST OF SERVICE?

01
Utility operators and management teams responsible for rate setting.
02
Regulatory agencies that oversee utility rates and operations.
03
Consumers who want a transparent view of how utility costs are determined.
04
Financial analysts assessing the viability and sustainability of utility services.
05
Stakeholders involved in energy planning and regulation.
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FORTISBC – 2009 RATE DESIGN COST OF SERVICE is a regulatory document that outlines the methodology used by FortisBC to determine the costs associated with providing electricity service to its customers.
Utilities and service providers operating under FortisBC's jurisdiction are required to file the FORTISBC – 2009 RATE DESIGN COST OF SERVICE as part of their rate application process.
To fill out the FORTISBC – 2009 RATE DESIGN COST OF SERVICE, stakeholders must gather relevant data regarding operational costs, customer usage patterns, and other necessary metrics, then use the prescribed templates to input this information accurately.
The purpose of FORTISBC – 2009 RATE DESIGN COST OF SERVICE is to ensure that the rates charged to customers reflect the true cost of providing electricity services while promoting fairness and transparency in the pricing structure.
The information that must be reported on FORTISBC – 2009 RATE DESIGN COST OF SERVICE includes detailed operational cost data, demand forecasts, customer class characteristics, and revenue requirements among other relevant information.
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