List of Errata (Round 3)

Transcription

1 List of Errata (Roud 3) Title Remove Isert Note Volume I, Summary Table of Cotets Revisio 1, page i Revisio 2, pages i 1 Volume I, Summary Table of Cotets Origial, page ii Revisio 1, pages ii ad ii-1 2 Volume I, Summary Table of Cotets Origial, page vii Revisio 1, pages vii ad vii Volume I, Summary Table of Cotets Origial, page x Revisio 1, pages x ad x-1 4 Volume I, Summary Table of Cotets Origial, page xiv Revisio 1, pages xiv ad xiv-1 5 Volume I, Summary Table of Cotets Origial, page xvi Revisio 1, page xvi 6 Volume I, Chapter 2 Revisio 1, page 2A-13 Revisio 2, page 2A-13 7 Notes: 1. Corrected page umberig ad title of Chapter 2A. 2. Iclusio of Chapter 6A i Table of Cotets. 3. Iclusio of Chapter 2A i List of Tables. 4. Iclusio of Chapter 6A i List of Tables. 5. Iclusio of Chapter 2A i List of Schedules. 6. Corrected headig of Appedix G to reflect the fialized actio pla for the 2004 IEP. 7. Corrected Operatios, Maiteace, ad Admiistrative expeses as per BCUC IR # April 13, 2004

2 Volume 1. Summary Table of Cotets CHAPTER 1. APPLICATION OVERVIEW 1 Itroductio Cotext of Applicatio Summary of Reveue Requiremet Overview of BC Hydro Orgaizatioal Structure Coclusio Names, Titles ad Addresses of Cotacts for this Applicatio CHAPTER 2. CONSOLIDATED REVENUE REQUIREMENTS AND FUNCTIONAL SCHEDULES 1 Itroductio Pro Forma Cosolidated Statemets Discussio of Fiacial Forecasts BC Hydro Deferral Accouts Recociliatio of Cosolidated ad Fuctioal Costs Defiitio of Fiacial Schedules Allocatio of Corporate Costs CHAPTER 2A. REVISED EVIDENTIARY UPDATE CONSOLIDATED REVENUE REQUIREMENTS AND FUNCTIONAL SCHEDULES 1 Itroductio...2A-1 2 Pro Forma Cosolidated Statemets...2A-3 3 Discussio of Fiacial Forecasts...2A-4 c c CHAPTER 2B. BC HYDRO DEFERRAL ACCOUNTS 1 Itroductio...2B-1 2 Heritage Paymet Obligatio Deferral Accout...2B-2 3 No-Heritage Deferral Accout...2B-3 4 Trade Icome Deferral Accout...2B-5 5 BCTC Trasitio Deferral Accout...2B-6 c CHAPTER 3. BC HYDRO CORPORATE FUNCTIONS 1 Itroductio Budget Process Fiacial ad Risk Maagemet Safety Evirometal Resposibility Pricig of Exteral Products ad Services Corporate Executive Office Corporate Resources Fiace Sustaiability Distributio Corporate Fuctio Other Corporate Costs i [Revisio 2, April 13, 2004]

3 CHAPTER 5. HERITAGE CONTRACT 1 Itroductio Heritage Paymet Obligatio BC Hydro Geeratio Overview BC Hydro Geeratio Performace Operatios ad Eergy Purchasig Busiess Developmet ad Asset Maagemet Geeratio Facilities Maagemet Dams ad Dam Safety Sustaiability ad Aborigial Relatios Lie of Busiess Support CHAPTER 6. TRANSMISSION 1 BCTC Compay, Busiess, ad Regulatory Overview Trasmissio Reveue Requiremet Gross Operatios ad Maiteace Expeditures Trasmissio System Capital Pla Cost of Market Expeses Allocated BC Hydro Corporate Sustaiig Costs Asset Related Expeses Allowed Retur No WTS Reveues ad Recoveries Paymets Betwee BC Hydro ad BCTC Amedig WTS Rates CHAPTER 6A. EVIDENTIARY UPDATE TRANSMISSION 1 Itroductio...6A-1 2 Total Trasmissio Reveue Requiremet...6A-3 3 Fiace Charges...6A-5 4 No-WTS Reveues ad Recoveries...6A-6 5 Breakdow of Trasmissio Reveue Requiremet Betwee BC Hydro ad BCTC...6A-9 6 WTS Rates... 6A-13 CHAPTER 7. ELECTRICITY DISTRIBUTION AND NON-INTEGRATED AREAS 1 Itroductio Electricity Distributio Itroductio Drivers ad Costraits Regioal Customer Growth Stadards ad Policies Customer Projects Distributio Operatios Asset Maagemet Summary of Electricity Distributio Reveue Requiremet ii

4 3 No-Itegrated Areas Itroductio Scope of Services NIA Strategy Performace Metrics ad Service Levels Operatig Pla ii - 1

5 Volume 1. List of Tables CHAPTER 1. APPLICATION OVERVIEW Table 1-1. Domestic Sales, F1994 to F Table 1-2. Gross Eergy Requiremets, F1994 to F Table 1-3. Domestic Sales Forecast, F2004 to F Table 1-4. Cosolidated Reveue Requiremet, F2005 to F Table 1-5. Domestic Ratepayer Reveues, F2005 to F2006 (F2004 Rates) CHAPTER 2. CONSOLIDATED REVENUE REQUIREMENTS AND FUNCTIONAL SCHEDULES Table 2-1. Pro forma Statemet of Operatios, No Rate Icrease Table 2-2. Pro forma Cosolidated Statemet of Operatios with Rates Uchaged Table 2-3. Pro forma Cosolidated Statemet of Operatios with Proposed Rate Icreases Table 2-4. Equity for Rate Makig Purposes Table 2-5. Domestic Reveues (with applied for rate icreases) Table 2-6. Domestic Sales Table 2-7. Average Rates, Before ad After Proposed Icreases Table 2-8. Iter-Segmet Reveues, F2003 to F Table 2-9. Domestic Cost of Eergy, F2003 to F Table Disaggregated OMA, F2003 to F Table Iterest Rate Forecast, F2004 to F Table Fiace Charges, F2003 to F Table Depreciatio ad Amortizatio Expese, F2003 to F Table Estimated Impact of AROs o Retaied Earigs, F Table Taxes ad Grats-i-Lieu, F2003 to F Table Restructurig Costs, F2003 to F Table Charges from BCTC, F Table Example of 'B' ad 'C' Schedules, F Table Example of D Schedule, Geeratio F2005 (from schedule D1-1) Table Example of 'E' Schedule, Field Services (from schedule E3) Table Allowed Net Icome Table Fully Loaded ABS Costs, Orgaizatioal View CHAPTER 2A. REVISED EVIDENTIARY UPDATE CONSOLIDATED REVENUE REQUIREMENTS AND FUNCTIONAL SCHEDULES Table 2A-1. Pro forma Statemet of Operatios (Revised)...2A-3 Table 2A-2. Equity (Revised)...2A-4 Table 2A-3. Domestic Reveues, F A-5 Table 2A-4. Domestic Sales Volumes, F A-5 Table 2A-5. Domestic Reveues, F A-6 Table 2A-6. Domestic Reveues, F A-6 Table 2A-7. Itersegmet Reveues, F2004 to F2006, Chage from Prior Forecast...2A-7 Table 2A-8. Itersegmet Reveues, F2004 to F A-8 vii

6 Table 2A-9. Domestic Cost of Eergy, F2004 to F2006 (Revised)...2A-9 Table 2A-10. Updated Iterest Rate ad Foreig Exchage Rate Forecast, F2004 to F A-10 Table 2A-11. December 2003 Applicatio Iterest Rate ad Foreig Exchage Rate Forecast, F2004 to F A-11 Table 2A-12. Fiace Charges, F2004 to F2006 (Revised)... 2A-11 vii - 1

7 CHAPTER 6. TRANSMISSION Table 6-1. Total Trasmissio Reveue Requiremet Summary Table 6-2. Operatios, Maiteace, ad Admiistratio Costs Summary Table 6-3. Recociliatio of Operatios, Mtce, ad Admi Costs, F2003 to F Table 6-4. Trasmissio System Operatios Costs Table 6-5. Asset Maagemet ad Maiteace Costs Table 6-6. Asset Program Defiitio: Operatios, Maiteace, ad Admiistratio Table 6-7. Areas Requirig Attetio Table 6-8. PA Cosultig Bechmark Results, 2002 Survey Table 6-9. Geeral ad Admiistratio Costs Table BCTC FTE by Orgaizatioal Uit Table Executive Compesatio Table Summary of BCTC Iitial Ogoig Operatig Costs Table BCTC F2005 Operatig Budget Table BCTC F2006 Operatig Budget Table Trasmissio Capital Pla, F2005 to F Table BC Hydro Trasmissio Sustaiig Capital Pla, F2004 to F Table BC Hydro Trasmissio Capital Pla, F2004 to F Table I-progress ad Plaed Trasmissio Capital Projects Table Historical ad Substatially Completed Trasmissio Projects Table BCTC Capital Pla, F2004 to F Table Cost of Market, F2003 to F Table Allocatio of BC Hydro Busiess Sustaiig Costs to TRR Table Asset Related Expeses, F2003 to F Table Allowed Retur o Trasmissio Assets, F2003 to F Table Cost Recoveries ad No-WTS Reveue, F2003 to F Table F2005 Trasmissio Reveue Requiremet (Phase 1) Table F2006 Trasmissio Reveue Requiremet (Phase 2) Table F2006 Reveue Requiremet Cost Compoets Table Allocatio of the TRR betwee NITS ad PTP Services CHAPTER 6A. EVIDENTIARY UPDATE TRANSMISSION Table 6A-1. Impact o Total Trasmissio Reveue...6A-2 Table 6A-2. Total Trasmissio Reveue Requiremet Summary (Revised)...6A-3 Table 6A-3. Total Trasmissio Reveue Requiremet Summary BC Hydro ad BCTC...6A-4 Table 6A-4. Updated Iterest Rate Forecast, F2005 ad F A-5 Table 6A-5. Asset Related Expeses F2003 to F A-5 Table 6A-6. Summary of Asset Base ad Costs F2005 ad F A-7 Table 6A-7. Other No-WTS Reveues ad Cost Recoveries Tables, F2003 to F A-8 Table 6A-8. F2005 Trasmissio Reveue Requiremet (Phase 1)...6A-9 Table 6A-9. F2006 Trasmissio Reveue Requiremet (Phase 2)... 6A-10 Table 6A-10. F2006 Trasmissio Reveue Requiremet Cost Compoets... 6A-11 Table 6A-11. F2006 Trasmissio Reveue Requiremet by Customer... 6A-12 x

8 Table 6A-12. Allocatio of the Trasmissio Reveue Requiremet betwee NITS ad PTP... 6A-13 Table 6A-13. Revised WTS Rates... 6A-14 x - 1

9 Schedule C Fuctioal Reveue Requiremets Summary Schedule C1 Cost of Service -- Geeratio (Heritage Cotract) Schedule C2 Cost of Service -- Eergy Supply Cost less Heritage Paymet Obligatio Schedule C2-1 Recociliatio to Total Eergy Supply Costs (as discussed i Chapter 4) Schedule C3 Cost of Service Trasmissio Schedule C4 Cost of Service -- Electricity Distributio ad No-Itegrated Areas Schedule C5 Cost of Service -- Customer Care Schedule C6 Cost of Service Corporate Schedule C7 Cost of Service -- Service Orgaizatios ad Subsidiaries Schedule D1-1 Resource Usage -- Geeratio (Heritage Cotract) Schedule D1-2 Domestic Cost of Eergy Geeratio (Heritage Cotract) Schedule D1-3 Forecast Heritage Paymet Obligatio Schedule D1-4 Cost of Service Geeratio (Heritage Cotract) (recociled with Cost of Eergy Compoet from Heritage Paymet Obligatio) Schedule D2 Resource Usage -- Eergy Maagemet Schedule D3 Resource Usage -- Power Smart Schedule D4 Resource Usage Trasmissio Schedule D5 Resource Usage -- Electricity Distributio ad No-Itegrated Areas Schedule D6 Resource Usage -- Customer Care Schedule D7 Resource Usage Corporate Schedule D8 Resource Usage Egieerig Schedule D9 Resource Usage -- Field Services Schedule D10 Resource Usage MMBU Schedule E1 Allocatio of Corporate Costs Schedule E2 Summary of Egieerig Service Charges Schedule E3 Summary of Field Services Service Charges CHAPTER 2A. REVISED EVIDENTIARY UPDATE CONSOLIDATED REVENUE REQUIREMENTS AND FINANCIAL SCHEDULES Schedule A-1-A (Revised) Pro forma Cosolidated Statemet of Operatios with Proposed Rate Icreases... 2A-13 Schedule A-2-A (Revised) Cosolidated Balace Sheet... 2A-14 Schedule A-3-A (Revised) Cosolidated Statemet of Retaied Earigs... 2A-15 Schedule A-4-A (Revised) Cosolidated Statemet of Cash Flows... 2A-16 Schedule A-5-A Residetial Reveues... 2A-17 Schedule A-6-A Light Idustrial ad Commercial Reveues... 2A-18 Schedule A-7-A Large Idustrial Reveues... 2A-19 Schedule A-9-A (Revised) Domestic Cost of Eergy... 2A-20 Schedule A-10-A (Revised) Fiace Charges... 2A-21 Schedule A-12-A (Revised) Compositio of Log-term Debt... 2A-22 Schedule A-12-1-A (Revised) Net Log-term Debt... 2A-23 Schedule A-16-A Retur o Equity... 2A-24 Schedule A-17-A Debt to Equity Ratio... 2A-25 Schedule B-2-A Fuctioalized Costs F A-26 xiv

10 Schedule B-3-A Fuctioalized Costs F A-27 Schedule B1-A Domestic Cost of Eergy... 2A-28 Schedule B2-A Operatios, Maiteace, ad Admiistratio... 2A-29 Schedule B5-A Fiace Charges... 2A-30 Schedule C-A Fuctioal Reveue Requiremets Summary... 2A-31 Schedule C1-A Cost of Service Geeratio (Heritage Cotract)... 2A-32 Schedule C2-A Cost of Service Eergy Supply Cost less Heritage Paymet Obligatio... 2A-33 Schedule C3-A Cost of Service Trasmissio... 2A-34 Schedule C4-A Cost of Service Electricity Distributio ad No-itegrated Areas... 2A-35 Schedule D1-2-A (Revised) Domestic Cost of Eergy Geeratio (Heritage Cotract)... 2A-36 Schedule D1-3-A (Revised) Forecast Heritage Paymet Obligatio... 2A-37 Schedule D1-4-A Cost of Service Geeratio (Heritage Cotract) (recociled with cost of eergy compoet from Heritage Paymet Obligatio). 2A-38 Schedule D4-A Resource Usage Trasmissio... 2A-39 CHAPTER 3. Noe. CHAPTER 4. Noe. CHAPTER 5. Schedule 5-1. Schedule 5-2. Schedule 5-3. CHAPTER 6. Noe. CHAPTER 7. Noe. CHAPTER 8. Noe. BC HYDRO CORPORATE FUNCTIONS ENERGY SUPPLY COSTS HERITAGE CONTRACT BC Hydro Geeratio Map BC Hydro Heritage Resources Status of Program Implemetatio TRANSMISSION ELECTRICITY DISTRIBUTION AND NON-INTEGRATED AREAS POWER SMART, CUSTOMER CARE, AND ENERGY MANAGEMENT xiv - 1

11 Volume 2. List of Appedices APPENDIX A. APPENDIX B. APPENDIX C. APPENDIX D. GLOSSARY AND ABBREVIATIONS APPLICABLE RATE SCHEDULES FOR PROPOSED RATE INCREASE LIST OF TARIFFS WITH PROPOSED CHANGES ELECTRIC RATE COMPARISON APPENDIX E1. HERITAGE SPECIAL DIRECTIVE NO. HC1 APPENDIX E2. HERITAGE SPECIAL DIRECTION NO. HC2 APPENDIX F. ELECTRIC LOAD FORECAST 2003/04 TO 2023/24 APPENDIX G INTEGRATED ELECTRICITY PLAN ACTION PLAN c APPENDIX H. APPENDIX I. APPENDIX J. APPENDIX K. APPENDIX L. APPENDIX M. APPENDIX N. BC HYDRO CONSERVATION POTENTIAL REVIEW 2002 SUMMARY REPORT POWER SMART 10-YEAR PLAN CONSOLIDATED HISTORICAL FINANCIALS TRANSFER PRICING AGREEMENT BETWEEN POWEREX AND BC HYDRO SYSTEM PERFORMANCE INDICATORS DSM EVALUATION SUMMARY AND PLAN POWER SMART PROGRAM SUMMARIES xvi

12 SCHEDULE A-1-A (Revised) 1 Cosolidated Statemet of Operatios with Proposed Rate Icreases 2 For the Years Eded March 31 3 ($ millios) 4 5 A B C D 6 F2003 F2004 F2005 F Actual Forecast Pla Pla 8 REVENUES 9 Domestic 10 Residetial $ 923 $ 974 $ 1,050 $ 1, Light idustrial ad commercial Large idustrial Other eergy sales Miscellaeous ,475 2,552 2,720 2, Itersegmet reveues ,481 2,633 2,845 2, EXPENSES 19 Domestic eergy costs BCTC wholesale trasmissio service BCTC asset maagemet fee Operatios expese Maiteace expese Admiistratio expese Depreciatio ad amortizatio Taxes ,773 2,096 2,098 2, INCOME BEFORE FINANCE CHARGES, RESTRUCTURING 29 COSTS, TRANSFER FROM RSA AND TRADE INCOME Fiace charges INCOME BEFORE RESTRUCTURING COSTS, TRANSFER 32 FROM RSA AND TRADE INCOME Restructurig Costs INCOME BEFORE TRANSFER FROM RSA AND TRADE 35 INCOME Trasfer from RSA DOMESTIC NET INCOME TRADE NET INCOME TOTAL NET INCOME $ 418 $ 211 $ 406 $ PAYMENT TO THE PROVINCE $ 338 $ 167 $ 329 $ ACTUAL/FORECAST RETURN ON EQUITY 15.47% 7.73% 13.25% 13.73% 46 ALLOWED RETURN ON EQUITY 15.47% 14.33% 13.91% 13.91% BALANCE IN RSA $ 21 $ - $ - $ RATE INCREASE 0.00% 0.00% 8.90% 0.00% 51 CUMULATIVE RATE INCREASE 0.00% 0.00% 8.90% 8.90% c 2A - 13 [Revisio 2, April 13, 2004]