givingbalance report 2009_eng.pdf · annual report 2008 - 2009 3 thelegislation...

N E W B R U N S W I C K E N E R G Y A N D U T I L I T I E S B O A R D A N N U A L R E P O R T 2 0 0 8 - 2 0 0 9

Giving Balance

It is my pleasure to present the AnnualReport of the New Brunswick Energy andUtilities Board for the fiscal year 2008-2009.I’d like to take this opportunity to talk aboutthe past year and some of the ongoingefforts by the Board to serve NewBrunswickers.

The Board is committed to providingregulation and oversight that protects theinterests of both consumers and theregulated companies. The Board is alsocommitted to providing this regulation in atimely and cost effective manner.

We, like other provincial agencies,implemented a two-year wage freeze andexamined our budget for places whereexpenditures could be cut, such as delayingthe filling of vacancies.

As part of this ongoing effort to be costeffective, the Board has begun investigatingthe implementation of electronic, orpaperless, hearings. In these hearings, theBoard would shed the cumbersome burdenof binders and paper files. We believe thiswould both speed up hearings and reducethe cost for regulated companies. Weanticipate beginning pilot projects in thecoming year.

Connected to this project is thedevelopment of a new website for theBoard. The website at www.nbeub.ca andwww.cespnb.ca will act as a conduit forinformation about the Board’s proceedings.A document management system that willallow consumers to gain access to thedocuments filed in rate hearings through thewebsite is also being investigated. Atpresent, almost all documents involved in ahearing are public, but gaining access tothem may not be practical. Our hope is thatby giving access to Board documentsthrough the internet, the process will bemore accessible and transparent for theconsumers of the province.

The past year has also brought changesin the Electricity Act giving the Boardauthority over new deferral accountsassociated with the Lepreau refurbishment.It also clarifies that the Board has authorityto initiate a hearing to establish fees forthose large electricity consumers who wishto look for other suppliers for theirelectricity. At this time we have notscheduled hearings for those issues.

I would also like to take thisopportunity to talk about the members ofthe Board. The field of energy regulationcan be complicated and requires asignificant commitment on behalf of theBoard members to ensure that decisions arejust and reasonable. Eight of the Boardmembers fulfill their obligations on apart-time basis and I wish to thank thempublicly for their dedication and effort.

Supporting the Board members is astaff of 13 who deal with a variety of tasks.The breadth of responsibilities for such asmall staff requires that staff beknowledgeable in a variety of areas,handling both administrative and regulatorytasks simultaneously. While this canproduce challenges for the Board we believeit provides a valuable service in an efficientmanner.

I want to acknowledge theaccomplishments of the staff who havetaken on the challenges facing the Boardand commend their effort over the past year.

Raymond Gorman Q.C.

N E W B R U N S W I C K E N E R G Y A N D U T I L I T I E S B O A R D

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1

Chairman’sMessage

The Board members andstaff are dedicated to providingNew Brunswick with effectiveand efficient service within thejurisdiction of the Board.


A N N U A L R E P O R T 2 0 0 8 - 2 0 0 9

2

Introduction

The Board strives tocarry out its duties in a fair,independent and accessiblemanner.

The New Brunswick Energy and

Utilities Board is an independent

quasi-judicial body created by the

Legislature to regulate the charges passed

on to consumers by utilities. The Board

strives to carry out its duties in a fair,

independent and accessible manner.

The principle behind such utility

regulation is that, in some instances, there

are some institutions where it is in society’s

interest to give one company a monopoly to

serve a market. In exchange for this “natural

monopoly,” the company gives up the right

to set its own rates and tolls. Instead, the

utility’s rates must be approved by a

regulatory board. This Board must consider

what is just and reasonable for both the

consumer and the utility.

The Board has been given limited

jurisdiction to regulate the charges rates and

tolls for the NB Power Distribution

Company as well as other specific aspects of

the electricity market. The Board regulates

portions of the natural gas, motor carrier

and pipeline sectors. Additionally, the Board

ensures the safe construction and operation

of pipelines carrying natural gas, petroleum

products and hazardous materials.

The Board’s responsibilities also

include the administration of a formula to

set maximum prices for petroleum products.

Most recently, the Board was given the

responsibility for setting interest rates for

payday loans, although the regulations

required for doing this have not been

proclaimed. The various pieces of

legislation giving the Board its jurisdiction.

The Board’s day-to-day operations are

funded by the industries they regulate by

way of levies and fees. In the case of

electricity, natural gas and pipelines, the

costs are divided proportionally. In these

three industry sectors, costs directly related

to hearings are paid for by the applicant. In

the case of petroleum products, the

operations and hearing costs are paid for by

a flat levy on petroleum product sales of one

fortieth of a cent per litre. In the case of

motor carrier regulation, the Board received

a small grant from the Province of New

Brunswick to offset the costs of regulation.


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3

The Legislation

The Board’s responsibilitiesare carried out by a staff of 15people including a full-time chairand vice-chair.

Energy and Utilities Board ActElectricity ActGas Distribution ActPipeline ActPetroleum Products Pricing ActCost of Credit Disclosure ActMotor Carrier Act

THE BOARD, FULL-TIMEMEMBERSRaymond Gorman Q.C.Cyril Johnston

PART-TIMEMEMBERSDon Barnett FrederictonWanita McGraw ShippiganRoger McKenzie Saint JohnEdward McLean Saint JohnConnie Morrison BathurstYvon Normandeau CaraquetRobert Radford, Q.C. Pointe-du-CheneSteve Toner Dieppe

STAFFRaymond Gorman, Q.C. Chair and CEOCyril Johnston Vice-ChairLorraine Legere Secretary to the BoardEllen Desmond Director, Legal and AdministrationDoug Goss Director, Regulatory Affairs and FinanceTodd McQuinn Director Pipeline SafetyJuliette Savoie Assist. Secretary to the BoardJoan Chamberlain Assistant to the Chair and the Vice-ChairTracy Cyr Administrative AssistantDavid Rhydwen Pipeline InspectorIan McDonald Pipeline InspectorDon Persaud Pipeline Inspector (On Leave of Absence)John Lawton Senior AdvisorTrudy Atherton Payroll and Accounts AdministratorDavid Keenan AdvisorDavid Young Advisor


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4

Electricity

At the direction of theMinister of Energy, the Boardreviewed the DistributionCompany’s increase of threeper cent effective April 1, 2008.

The electricity sector is the largestsector regulated by the Board. It is also themost varied. The Board’s jurisdiction rangesfrom licensing companies that buy and sellpower in the province to morecomprehensive, general supervisory powers.The largest of the companies regulated bythe Board is the NB Power Distribution andCustomer Service Corporation. The Board’sauthority is limited to applications toincrease electricity rates by more than threepercent. There was no application for suchan increase last year, however; at thedirection of the Minister of Energy, theBoard did review the DistributionCompany’s increase of three per centeffective April 1, 2008.

The investigation into the rate increasewas ordered under Section 24(1) of theEnergy and Utilities Board Act and wassignificantly different in nature from atypical application for a rate increase. It wasalso the first investigation of its kind. As aresult, the Board developed a modifiedprocess for the investigation. The Board feltthat given the fact that the increase wasalready being charged to consumers - andthat the Board could only makerecommendations to the Minister - therewas an even greater imperative on thetimeliness of the report. An expeditedprocess that could produce a report by theend of June was adopted.

To begin the process the Board orderedthe company to file the information relied onby its Board of Directors to support the rateincrease. The Board also hired a financialconsultant to review some of the purchasingcontracts and deferral accounts. A two-dayhearing was held in May and the report wasdelivered to the Minister on June 26th.

In February, NB Power Distributionand Customer Service announced it willincrease rates by three percent effective

April 1, 2009. The Board was once againdirected by the Minister to investigate thenecessity of the increase.

In other aspects of the electricitymarket, the Board received an applicationfrom the New Brunswick System Operatorfor a change to the Open AccessTransmission Tariff in March of 2008. Thetariff determines the rates and conditions forusing the Province’s transmission serviceand is a crucial element in the market forelectricity in the region. The SystemOperator is the independent operator of thetransmission system and oversees the accessand use of the transmission system. TheSystem Operator also ensures that there is asufficient and reliable supply of electricityinto the grid.

The Board held a hearing into theproposed amendments to the transmissiontariff and in November issued a decision. Inpart, the Board’s decision established a newsystem for the System Operator to fund itsoperations. Under the new procedure, theSystem Operator will apply for approval offunds for its budget alone without changesto the other aspects of the tariff. Thisorganization could collect the revenue itrequires in monthly instalments. Themethod should produce hearings that aremore streamlined and cost effective. Thefirst such hearing was held in March of thisyear and a decision was pending at the endof this reporting period.

As part of the Board’s oversight of theelectricity sector, companies that wish to usethe transmission grid either to deliverelectricity in the province or elsewhere,must be licensed by the Board. In the pastyear the Board approved two new licencesbringing the total number of licensed marketparticipants to 31.


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5

Natural Gas

The Board ordered ahearing to determine thescope and timing of theissues that must be decidedupon concerning the end ofthe development period.

The Board oversees the Natural GasMarket in the province under the authorityof the Gas Distribution Act. The Act givesthe Board jurisdiction over the rates andtolls charged by Enbridge Gas NewBrunswick, the holder of the distributionfranchise in the province.

As part of this authority, the Boardapproves the rates charged to the consumer.The Board also has the authority to resolvedisputes between Enbridge and itscustomers. The Board was not called uponto resolve any disputes in the past year.

Enbridge Gas New Brunswickexpanded its distribution system adding1213 new customers in the year endingMarch 31, 2009. This brought the totalnumber of customers on the Enbridgesystem to 9583 at the end of March.Throughput, the amount of natural gasdelivered through the EGNB network ofpipes during that same period, was 5178.3terrajoules (1 terrajoule = 1000 gigajoules)

The rates charged to consumers are notset based on costs, but rather, based on themarket conditions. These market-basedrates are geared to give consumers a savingsbased on the heating fuel they previouslyused. The formula takes into account thepredicted prices of natural gas and heatingoil or electricity as well as the energyconsumption of a typical customer. Duringthe last year, the Board reviewed theformula for setting the rates for distribution.A decision on the market-based formula waspending at the end of the reporting period.

The market-based rates were crafted tobe used while the company developed thenatural gas market. This “developmentperiod” was established at the initiation ofthe franchise to account for the likelihoodthat the company would not be able torecover its costs through rates while the

market is being developed. Specifically, thedevelopment period allows the use of ratesthat are below cost in order to attract newcustomers. The losses that result from thesebelow costs incentive rates are tracked in adeferral account. The company is allowedto recover the amount in the deferralaccount - plus a return – over time.

The development period is approveduntil the end of 2010 and the Board hasinitiated a number of proceedings to preparefor the end of the development period. In adecision issued in April 2008 the Boardordered a series of technical conferences tobegin discussions on the criteria used by theBoard to best determine the end of thedevelopment period. Following theconferences the Board ordered a hearing todetermine the scope and timing of the issuesthat must be decided upon concerning theend of the development period. In March adecision was issued setting the first hearingfor this Fall.

The Board annually reviews thefinancial statements as well as sales ofnatural gas by Enbridge. The review of thefinancial statements is to ensure that theappropriate amount is added to the deferralaccount, while the review of natural gassales is to ensure that the gas is pricedaccording to the regulation that permitsEnbridge to sell natural gas. At the end ofthis process, the Board approved theaddition of $15.7 million dollars to thedeferral account. The Board also found thatthe natural gas sold by Enbridge was pricedin the manner prescribed by the GasDistributors Marketing Regulation.


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6

Pipeline

Enbridge Gas NewBrunswick has installedapproximately 106 km ofpipeline. Inspectors fromthe Pipeline Safety Divisioninspected the installation ofthis pipe.

The Pipeline Safety Division’s mandate

is to promote safety and to ensure that

companies design, construct, operate and

abandon pipelines safely. Additionally, the

Board investigates leaks and breaks in

pipelines and recommends charges when

appropriate. This compliance and

investigation activity is carried out by the

Board’s Safety Division through the use of

inspection, education, compliance audits and

damage prevention programs.

Enbridge Gas New Brunswick has the

franchise to distribute natural gas in the

province, and installed approximately 106

km of pipeline in 2008. Inspectors from the

Pipeline Safety Division inspected the

installation of this pipe. The company also

applied to expand its distribution system

along Hanwell Road outside of the city of

Fredericton. The hearing was scheduled for

late Spring 2009.

Corridor Resources applied for, and

was issued, a permit in May 2008 and

August 2008 to construct pipelines and

wellsite production facilities as part of their

2008 natural gas gathering system

expansion in Penobsquis. The existing

operating license was revised in October

and December of 2008 as part of this

expansion.

Potash Corporation of Saskatchewan

applied for, and was issued, a permit in

January 2009 to construct a 30km pipeline

to transport brine from their mine in

Penobsquis to Cassidy Lake. Upon

completion of the pipeline, the company

expects to discontinue trucking the brine to

Cassidy Lake, removing 300 trucks per day

from the roads.

Irving Oil Limited was granted

permission by the Board to temporarily

suspend operations of the fuel oil pipeline to

the NB Power’s Coleson Cove Generating

facility in February 2009. Operations are

expected to resume in the fall of 2009.

The Safety Division will carry out

general pipeline safety compliance audits of

Xstrata’s Brunswick Mine ARD disposal

pipeline and Corridor Resources natural gas

gathering and transmission facilities.

Construction, operations and maintenance

procedural manuals and records will be

reviewed and compared against the

requirements of the Pipeline Act, 2005 and

regulations including the CSA Standard -

Z662 Oil and Gas Pipeline Systems.


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7

Petroleum

The Board conducted thefirst review of the margins sincethe implementation of thepetroleum price regulation inJuly of 2006.

The Energy and Utilities Board has the

responsibility of setting the maximum price

for motor fuels and heating fuels in the

province. This is done weekly according to a

strict formula set out by regulation. As a

result, the maximum price set involves no

discretion on the part of the Board.

The price set is based on the average

price of the refined petroleum fuel trading

on the New York market in the previous

week. That average petroleum price from

New York is converted to Canadian dollars

per litre. The appropriate taxes and

specified margins are then added.

There are two margins specified by the

Petroleum Products Pricing Act. The first

margin of six cents per litre is allotted to the

wholesaler who buys the product from the

refinery and sells to the retailer. The second

margin, 5 cents per litre, is set for the

retailer.

During the past year, the Board

conducted the first review of the margins

since the implementation of the petroleum

price regulation in July of 2006. The

margins are the amounts in the price setting

formula to account for the operations of

both the wholesale companies and the retail

operations.

To initiate the review, the Board hired

Gardner Pinfold Consulting Economists to

independently review the industry and any

changes since the implementation of price

regulation that would warrant changes in

the margins. The resulting report

recommended an increase in the margins for

both motor fuels and heating fuels. Gardner

Pinfold also recommended the Board

increase the maximum delivery charge from

two cents per litre to three cents per litre.

The delivery charge is the maximum amount

a retailer may add to the maximum price to

account for delivery costs.

A hearing into the matter was held in

October where the Board heard form a

cross-section of the industry and the public.

A decision was issued in December, the

margins were maintained at the existing

levels. The Board raised the maximum

allowable delivery charge to 2.5 cents per

litre.

The Board also deals with complaints

by consumers who believe they have been

charged in excess of the maximum price

allowed. Such complaints must include a

receipt. While the Board has received a

number of enquiries from consumers

concerned about the price of fuel, the

resulting investigations revealed no

violations of the law.


A N N U A L R E P O R T 2 0 0 8 - 2 0 0 9

8

Motor Carrier

HMS Transportation soughtpermission of the Board todiscontinue its service betweenSt. Andrews and Saint John.

The Board regulates the motor coachindustry through the licensing of charter busservice and the regulation of scheduledintercity bus service.

In April of 2008 the Board received anapplication from Acadian Coachlines Ltd.for a 6.2 per cent increase in its rates. Aconcurrent application was made to theNova Scotia Utilities and Review Board forsimilar increases. As has been done in thepast, the two Boards agreed to hold thehearing together to save on expenses andtime. On June 13 the Energy and UtilitiesBoard issued a decision approving theincreases.

The Board received two other requestsfor increases in rates for scheduled service.The first application was from Saint JohnTransit which runs a commuter servicebetween Saint John and the communities ofHampton, Quispamsis, Rothesay and GrandBay. The transit commission requestedapproval of an increase in its cash fares andpasses. The Board approved the increaseseffective January 1, 2009.

The second application for an increasein fares came from Trius Inc., anothercommuter service operator. Trius runsregular service between Fredericton andChipman. Citing increased insurance andfuel costs, as well as capital costs for a newbus, the company sought approval forincreases in its cash fares and passes. TheBoard approved this request.

As part of the Board’s jurisdiction overscheduled service, changes to service mustbe approved by the Board. In July of lastyear, HMS Transportation sought

permission of the Board to discontinue itsservice between St. Andrews and SaintJohn. The service included stops in St.Stephen, St. George and Pennfield. Theservice was launched n 2007 following thediscontinuation of service by AcadianCoachlines. Representatives from HMStold the Board that the ridership was lowerthan had been expected.

The Energy and Utilities Board, andthe Public Utilities Board before it, assumedthe jurisdiction over the Motor CarrierIndustry after taking on the responsibilitiesof the Motor Carrier Board. Included inthose responsibilities is authority to hearappeals of decisions of the Registrar ofMotor Vehicles. In the Fall of last year theBoard received such an appeal. F and DAuto Sales filed an appeal of the registrar’sdecision to revoke the company AutoDealers Licence. A decision was stillpending at the end of the reporting year.

The Board’s activities in relation to theCharter Bus industry in the province aresummarized below:

CHARTER APPLICATIONSReceived 6Opposed 0Granted as Advertised 6Granted with Amendments 0Abandoned or Dismissed 0

LICENCESDenied 0Cancelled or Revoked 0Active at Year End 45

MOTOR CARRIERSPlates Issued 242Temporary Plates Issued 13


A N N U A L R E P O R T 2 0 0 8 - 2 0 0 9

9

BoardMembers

Don Barnett

Roger McKenzie

Connie Morrison

Robert Radford, Q.C.

Raymond Gorman, Q.C.

Wanita McGraw

Edward McLean

Yvon Normandeau

Steve Toner

Cyril Johnston


A N N U A L R E P O R T 2 0 0 8 - 2 0 0 9

10


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