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.
The BCUC is conducting a public hearing process to develop a framework that will determine confidentiality and treatment of protected Information submitted under the FPT Act. The framework aims to establish a consistent approach for the BCUC to determine whether fuel data submitted by those in the wholesale and retail fuel industry should be kept confidential or made publicly available. The framework and process is likely to impact members of the public, who may be interested in accessing or understanding the fuel data the BCUC receives, and the fuel industry, who will be responsible for reporting fuel data to the BCUC pursuant to the FPT Act.
There are several ways to participate in the review process;
|October 5, 2020||The BCUC’s Final FPT Regulation Reporting Guidelines provide instructions to those required to submit reportable fuel data to the BCUC.||FPT Regulation Reporting Guidelines|
|October 5, 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 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 drafts of standardized reporting forms for comments and feedback from the wholesale industry.
|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|
The BCUC hosted three online information sessions to walk through its draft reporting guidelines on September 16, 18 and 22. A copy of the presentation from these sessions is available here.
All reporting entities were invited to provide written comments on a draft of the reporting guidelines by Friday, September 25, 2020. Written comments informed the design of the reporting platform and assisted the BCUC in establishing the final reporting guidelines.
|September 25, 2020||AFD Petroleum Written Comments|
|September 25, 2020||Suncor Energy Confidential Written Comments|
|September 25, 2020||Suncor Energy Written Comments|
|September 25, 2020||Smith Fuels Written Comments|
|September 25, 2020||Canadian Fuels Association Written Comments|
|September 25, 2020||Shell Canada Written Comments|
|September 25, 2020||Tidewater Midstream Written Comments|
|September 25, 2020||Thorsteinssons Written Comments|
|September 24, 2020||Imperial Oil Written Comments|
|September 24, 2020||Trans Mountain Written Comments|