FPT Regulations
Industry Engagement
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.
Confidentiality Public Hearing
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.
More informationFPT Regulation Forms
Please visit the Industry Forms page to find the final version of all reporting forms for those who are required to submit reportable fuel data to the BCUC under the FPT Regulations.
Important Documents
| Date Issued | Description | Document |
|---|---|---|
| February 26, 2021 | The BCUC issued a letter to those in the wholesale industry, advising them that the Reporting Guidelines will not be updated at this time. | FPT Act Regulations Reporting Guidelines V2 Letter |
| February 26, 2021 |
Based on industry feedback, the BCUC has updated the standardized Reporting Forms for those in the wholesale industry to use to ensure
compliance with the FPT Regulation requirements.
|
Final BCUC Monthly Importer Report Template v.2
Final BCUC Monthly Wholesale Purchaser Report Template v.2 Final BCUC Monthly Low Carbon Fuel Standards Credit Report v.2 Final BCUC Annual Storage Report Template v.2 Final BCUC Monthly Retail Supplier Report Template v.2 Final FPT Act Confidentiality Request Form v.2 |
| January 27, 2021 |
The BCUC has proposed revisions to the Reporting Forms for comments and feedback
from the wholesale industry.
|
Draft BCUC Monthly Importer Report Template v.2
Draft BCUC Monthly Wholesale Purchaser Report Template v.2 Draft BCUC Monthly Low Carbon Fuel Standards Credit Report v.2 Draft BCUC Annual Storage Report Template v.2 Draft BCUC Monthly Retail Supplier Report Template v.2 Draft Act Confidentiality Request Form v.2 |
| 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 developed the following standardized Reporting Forms for those in the wholesale industry
to use to ensure compliance with the FPT Regulation requirements.
|
|
| 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 developed 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 |
Current BCUC Consultation Process
The BCUC has proposed revisions to the current reporting guidelines and the revised version is available on the Important Documents chart above. All reporting entities were invited to provide written comments on the proposed revisions to the reporting guidelines by Friday, February 12, 2021. Written comments will assist the BCUC in establishing the final reporting guidelines.
Industry Feedback
Written comments on the proposed revisions to the reporting guidelines that have been submitted to the BCUC are posted below.
| Date | Document |
|---|---|
| Febuary 12, 2021 | Imperial Oil Written Comments |
| Febuary 12, 2021 | Suncor Written Comments |
Initial BCUC Consultation Process
The BCUC hosted three online information sessions to walk through its draft reporting guidelines on September 16, 18 and 22, 2020. 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.
| Date | Document |
|---|---|
| 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 |