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The British Columbia Utilities Commission (BCUC) is an independent agency of the Government of British Columbia responsible for regulating rates and standards of service quality. The Commission's primary responsibility is the regulation of British Columbia's natural gas and electricity utilities. [1] They also regulate intra-provincial pipelines and the Insurance Corporation of British Columbia (ICBC), a crown corporation responsible for insuring vehicles and operators in the province.
Apart from rates and services, the BCUC is also responsible for ensuring that shareholders of utilities are afforded a reasonable opportunity to earn a fair return on their invested capital, that competitive interests are not frustrated, and that government energy policy is practically implemented. In addition, it approves the development of infrastructure planned by utilities and their issuance of securities, establishes tolls and conditions of service for intraprovincial oil pipelines, and has responsibility for electric power transmission facilities and energy supply contracts. The BCUC also reviews energy-related matters referred to it by Cabinet, which usually involve public hearings, followed by a report and recommendations to Cabinet.
With respect to ICBC, the Commission is responsible for ensuring that service to basic automobile insurance policyholders is adequate, efficient, just and reasonable, and that ICBC optional insurance is not subsidized by other ICBC operations.
The BCUC has quasi-judicial responsibilities, and may make legally binding rulings (subject to court appeal). It is governed by its enabling statute, the Utilities Commission Act, other legislation and regulations including the Administrative Tribunals Act, Pipeline Act, and — with respect to ICBC — provisions of the Insurance Corporation Act.
The BCUC works to maintain processes that are fair, transparent and inclusive. The BCUC values input from British Columbians, and is committed to issuing well-reasoned, evidence-based decisions.
In addition to its regulatory responsibilities, the Commission provides the following services and assistance:
The Commission has been self-funded since 1988. Its annual budget ranges from $4.6 to $4.7 million, with its costs recovered primarily through a levy on the energy utilities and pipelines companies that it regulates.
The BCUC describes its mission as follows: The BCUC's mission is to ensure that ratepayers receive safe, reliable and non-discriminatory energy services at fair rates from the utilities it regulates, and that shareholders of those utilities are afforded a reasonable opportunity to earn a fair return on their invested capital.
The Federal Energy Regulatory Commission (FERC) is an independent agency of the United States government that regulates the interstate transmission and wholesale sale of electricity and natural gas and regulates the prices of interstate transport of petroleum by pipeline. FERC also reviews proposals to build interstate natural gas pipelines, natural gas storage projects, and liquefied natural gas (LNG) terminals, in addition to licensing non-federal hydropower projects.
In the United States government, independent agencies are agencies that exist outside the federal executive departments and the Executive Office of the President. In a narrower sense, the term refers only to those independent agencies that, while considered part of the executive branch, have regulatory or rulemaking authority and are insulated from presidential control, usually because the president's power to dismiss the agency head or a member is limited.
The British Columbia Hydro and Power Authority, operating as BC Hydro, is a Canadian electric utility in the province of British Columbia. It is the main electricity distributor, serving more than 4 million customers in most areas, with the exception of the City of New Westminster, where the city runs its own electrical department and portions of the West Kootenay, Okanagan, the Boundary Country and Similkameen regions, where FortisBC, a subsidiary of Fortis Inc. directly provides electric service to 213,000 customers and supplies municipally owned utilities in the same area. As a provincial Crown corporation, BC Hydro reports to the BC Ministry of Energy, Mines and Low Carbon Innovation, and is regulated by the British Columbia Utilities Commission (BCUC). Its mandate is to generate, purchase, distribute and sell electricity.
The State Corporation Commission, or SCC, is a Virginia (USA) regulatory agency whose authority encompasses utilities, insurance, state-chartered financial institutions, securities, retail franchising, and railroads. It is the state's central filing office for corporations, limited partnerships, limited liability companies and Uniform Commercial Code liens.
A public utilities commission is a quasi-governmental body that provides oversight and/or regulation of public utilities in a particular area, especially in the United States and Canada.
The Minnesota Public Utilities Commission (MPUC) is an independent regulatory agency within the U.S. state of Minnesota responsible for the oversight and regulation of public utilities, including electric, natural gas, and telecommunications services. Created by the Minnesota Legislature, the commission's primary mission is to ensure that residents of Minnesota have access to safe, adequate, and efficient utility services at fair, reasonable rates. It plays a significant role in balancing the needs of consumers, the environment, and utility companies.
The Kansas Corporation Commission (KCC) is the public utilities commission of the state of Kansas run by three Commissioners appointed by the Governor with the approval of the Senate. The Commission has the responsibility of ensuring that natural gas, electricity, telephone, and transportation vendors provide safe, adequate, and reliable services at reasonable rates. Notwithstanding the commission's name, it does not charter corporations; that function is performed by the office of the Secretary of State.
NiSource Inc. is one of the largest fully regulated utility companies in the United States, serving approximately 3.5 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The company, based in Merrillville, Indiana, has more than 8,000 employees. As of 2018, NiSource is the sole Indiana-based utility company.
The California Public Utilities Commission is a regulatory agency that regulates privately owned public utilities in the state of California, including electric power, telecommunications, natural gas and water companies. In addition, the CPUC regulates common carriers, including household goods movers, limousines, rideshare services, self-driving cars, and rail crossing safety. The CPUC has headquarters in the Civic Center district of San Francisco, and field offices in Los Angeles and Sacramento.
The Insurance Corporation of British Columbia (ICBC) is a provincial Crown corporation in British Columbia providing vehicle insurance. ICBC was created in 1973 by the NDP government of Premier Dave Barrett.
The District of Columbia Public Service Commission is an independent quasi-judicial body and regulatory agency responsible for regulating landline telephone, electricity, and gas utility companies operating within the District of Columbia. It was established by the US Congress in 1913.
FortisBC is a Canadian owned, British Columbia based regulated utility providing natural gas, and electricity. FortisBC has approximately 2,600 employees serving more than 1.2 million customers in 135 B.C. communities and 58 First Nations communities across 150 Traditional Territories.
Public auto insurance is a government-owned and -operated system of compulsory automobile insurance used in the Canadian provinces of British Columbia, Saskatchewan, Manitoba, and Quebec. It is based on the idea that if motorists are compelled to purchase auto insurance by the government, the government ought to ensure motorists pay fair premiums and receive high-quality coverage. Governments across the country have used various insurance schemes from full tort to full no-fault in pursuit of that goal.
BCUC may refer to:
United Kingdom enterprise law concerns the ownership and regulation of organisations producing goods and services in the UK, European and international economy. Private enterprises are usually incorporated under the Companies Act 2006, regulated by company law, competition law, and insolvency law, while almost one third of the workforce and half of the UK economy is in enterprises subject to special regulation. Enterprise law mediates the rights and duties of investors, workers, consumers and the public to ensure efficient production, and deliver services that UK and international law sees as universal human rights. Labour, company, competition and insolvency law create general rights for stakeholders, and set a basic framework for enterprise governance, but rules of governance, competition and insolvency are altered in specific enterprises to uphold the public interest, as well as civil and social rights. Universities and schools have traditionally been publicly established, and socially regulated, to ensure universal education. The National Health Service was set up in 1946 to provide everyone with free health care, regardless of class or income, paid for by progressive taxation. The UK government controls monetary policy and regulates private banking through the publicly owned Bank of England, to complement its fiscal policy. Taxation and spending composes nearly half of total economic activity, but this has diminished since 1979.
The Site C Dam is a hydroelectric dam currently under construction on the Peace River, 14 kilometers southwest of Fort St. John in northeastern British Columbia, Canada. It is located approximately 80 kilometers downstream from the W. A. C. Bennett Dam. When completed in 2025, the Site C Dam will become the 4th largest producer of hydroelectricity in British Columbia with an expected capacity of 1,100 MW and an expected annual output of 4,600 GWh of electricity.
The Energy Commission, abbreviated ST, is a regulatory body for the energy industry in Peninsular Malaysia and Sabah. The commission was established under the Energy Commission Act 2001. Its key role to ensure that the energy industry is developed in an efficient manner so that Malaysia is ready to meet the new challenges of globalisation and liberalisation, particularly in the energy supply industry.
The Indiana Utility Regulatory Commission (IURC) is the public utilities commission of the state of Indiana, led by five commissioners appointed by the governor.
The California Public Advocates Office (CAPAO) is the consumer-advocacy arm of the California Public Utilities Commission (CPUC), which regulates privately owned public utilities in the state of California. CAPAO is a statutorily mandated agency that is specifically authorized to represent the interests of public utility customers within the jurisdiction of the CPUC to obtain the lowest possible rate for service consistent with reliable and safe service levels. In fulfilling its mission, CAPAO also advocates for customer and environmental protections.
In the utilities industry, the Used and Useful Principle is a concept that requires energy assets to be physically used and useful to current ratepayers before those ratepayers can be asked to pay the costs associated with them. This is a fundamental principle of utility regulation.