In August 2020, the BC government announced the Fuel Price Transparency Regulations outlined in Order in Council No. 474/20, under the Fuel Price Transparency Act (FPT Act). These regulations require fuel importers, wholesalers, terminal owners/operators, and those who supply fuel to retail dealers to submit regular reports to the BCUC starting in November 2020. As the Administrator of the FPT Act, the BCUC is responsible for ensuring compliance to these regulations.
|September 11, 2020||The BCUC Draft Reporting Guidelines provide instructions to those required to submit reportable fuel data to the BCUC||Draft Reporting Guidelines|
|September 11, 2020||
The BCUC created the following standardized Reporting Forms for those in the wholesale industry to use to ensure the requirements outlined in the FPT Regulation are met
|September 9, 2020||The BCUC issued a letter to those in the wholesale industry, advising them of the FPT regulations and upcoming information sessions||OIC No. 474/20 Reporting Requirements Letter|
|August 14, 2020||BC Government issued Order in Council No. 474/20 outlining Fuel Wholesaler Regulations||OIC No. 474/20|
All reporting entities are invited to provide written comments on a draft of the reporting guidelines by Friday, September 25, 2020 by emailing Commission.Secretary@bcuc.com. The BCUC is also hosting three online information sessions to walk through its draft reporting guidelines. Reporting entities and industry associations who would like to attend an information session must pre-register by emailing Commission.Secretary@bcuc.com with:
|Date||Time (PST)||BCUC Information Sessions|
|Wednesday, September 16, 2020||12 pm – 1:30 pm||Information Session #1|
|Friday, September 18, 2020||10 am – 11:30 am||Information Session #2|
|Tuesday, September 22, 2020||10 am – 11:30 am||Information Session #3|
Written comments will inform the design of the reporting platform and assist the BCUC in establishing final reporting guidelines.