Rule 005: Annual Reporting Requirements of Financial and Operational Results

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The Alberta Utilities Commission is seeking stakeholder feedback on revisions to schedules of AUC Rule 005: Annual Reporting Requirements of Financial and Operational Results.

The Commission is proposing the following amendments to Rule 005 schedules:

Electric Utility schedules and Gas Utility schedules

  • Removal of the requirement to provide GRA/GTA approved forecast information.
  • Removal of the variance calculations between actual/normalized and approved forecast.

Regulated rate provider and default supply provider schedules

  • Removal of the following schedules
    1. Schedule 1 – Regulated rate tariff income statement/ default rate tariff income statement
    2. Schedule 5 – Debt capital employed and interest expense
    3. Schedule 6 – Income tax/payment in lieu of taxes (PILOT)
    4. Schedule 7 – Capital assets continuity schedule
    5. Schedule 8 – Manpower schedule
    6. Schedule 9 – Reserve accounts
    7. Schedule 10 – Affiliate transactions
    8. Schedule 11 – Reconciliation from audited income statement to regulatory schedules

The clean and blackline versions of the schedules can be found under Consultation documents on the right-hand side of the page. Final approved amendments to the schedules will be reflected in AUC Rule 005: Annual Reporting Requirements of Financial and Operational Results.

The Alberta Utilities Commission is currently seeking stakeholder input on the proposed amendments to the Rule 005 schedules. Please register and add your comments to the Discussions by Wednesday, February 10, 2021.

In alignment with the government of Alberta Red Tape Reduction Act targets to reduce regulatory burden and improve regulatory efficiency, the Commission intends to finalize the Rule 005 schedule changes, and to implement the Rule 005 requirements on, or before, March 31, 2021. Any changes to Rule 005 and schedules will affect the reporting requirements for the 2020 Rule 005 submission due in May 2021.


The Alberta Utilities Commission is seeking stakeholder feedback on revisions to schedules of AUC Rule 005: Annual Reporting Requirements of Financial and Operational Results.

The Commission is proposing the following amendments to Rule 005 schedules:

Electric Utility schedules and Gas Utility schedules

  • Removal of the requirement to provide GRA/GTA approved forecast information.
  • Removal of the variance calculations between actual/normalized and approved forecast.

Regulated rate provider and default supply provider schedules

  • Removal of the following schedules
    1. Schedule 1 – Regulated rate tariff income statement/ default rate tariff income statement
    2. Schedule 5 – Debt capital employed and interest expense
    3. Schedule 6 – Income tax/payment in lieu of taxes (PILOT)
    4. Schedule 7 – Capital assets continuity schedule
    5. Schedule 8 – Manpower schedule
    6. Schedule 9 – Reserve accounts
    7. Schedule 10 – Affiliate transactions
    8. Schedule 11 – Reconciliation from audited income statement to regulatory schedules

The clean and blackline versions of the schedules can be found under Consultation documents on the right-hand side of the page. Final approved amendments to the schedules will be reflected in AUC Rule 005: Annual Reporting Requirements of Financial and Operational Results.

The Alberta Utilities Commission is currently seeking stakeholder input on the proposed amendments to the Rule 005 schedules. Please register and add your comments to the Discussions by Wednesday, February 10, 2021.

In alignment with the government of Alberta Red Tape Reduction Act targets to reduce regulatory burden and improve regulatory efficiency, the Commission intends to finalize the Rule 005 schedule changes, and to implement the Rule 005 requirements on, or before, March 31, 2021. Any changes to Rule 005 and schedules will affect the reporting requirements for the 2020 Rule 005 submission due in May 2021.
Discussions: All (3) Open (3)
  • Discussion 1. Electric utility schedules

    29 days ago
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    AUC staff have proposed changes to information required to be provided in the Electric utility schedules, and would like to hear your comments for each of the following proposed changes:

    1.1 Schedule 1 Summary of revenue requirement: 

    Removal of:

    • Approved forecast column
    • Variance actual to forecast
    • Variance % columns

    1.2 Schedule 2 Summary of return on rate base:

    Removal of:

    • Approved forecast information
    • Variance actual to forecast 
    • Variance % columns

    1.3 Schedule 2.1 Summary of mid-year rate base: 

    Removal of:

    • Approved forecast 
    • Variance actual to forecast 
    • Variance % columns

    1.4 Schedule 2.2 Summary of mid-year capital structure: 

    Removal of:

    • Approved forecast mid-year capital
    • Variance actual to forecast 
    • Variance % columns

    1.5 Schedule 2.3 Schedule of debt capital employed: 

    Removal of:

    • Approved forecast
    • Variance actual to forecast 
    • Variance % columns

    1.6 Schedule 2.4 Schedule of preferred share capital employed: 

     Removal of:

    • Approved forecast
    • Variance actual to forecast 
    • Variance % columns

    1.7 Schedule 3 Summary of operating and maintenance expense: 

    Removal of:

    • Approved forecast column
    • Variance actual to forecast 
    • Variance % columns

    1.8 Schedule 4 Summary of depreciation expense: 

    Removal of:

    • Approved forecast column
    • Variance actual to forecast 
    • Variance % columns

    1.9 Schedule 4.1 Capital assets continuity schedule: 

    No changes to previously required information

    1.10 Schedule 4.2 Summary of capital additions: 

    Removal of:

    • Approved forecast columns
    • Variance actual to forecast 
    • Variance % columns

    1.11 Schedule 5 Summary of utility income tax: 

    Removal of: 

    • Approved forecast column
    • Variance actual to forecast 
    • Variance % columns

    1.12 Schedule 6 Summary of customers, energy and revenue: 

    Removal of:

    • Approved forecast column 
    • Variance actual to forecast 
    • Variance % columns

    1.13 Schedule 7 Explanation of transactions with affiliated companies: 

    Removal of:

    • Approved forecast columns
    • Variance actual to forecast 
    • Variance % columns

    1.14 Schedule 8 Summary of payroll and manpower statistics: 

    Removal of:

    • Approved forecast column
    • Variance actual to forecast 
    • Variance % columns

    1.15 Schedule 9 Summary of reserve/deferral accounts: 

    Removal of:

    • Approved forecast columns
    • Variance actual to forecast 
    • Variance % columns

    1.16 Schedule 10 Reconciliation of financial reports to audited financial statements – income statement items:

    Removal of utility function breakdown

    1.17 Schedule 11 Reconciliation of financial reports to audited financial statements – balance sheet items 

    Removal of utility function breakdown

    1.18 General comments on the proposed changes

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  • Discussion 2. Gas utility schedules

    29 days ago
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    AUC staff have proposed changes to information required to be provided in the Gas utility schedules, and would like to hear your comments for each of the following proposed changes:

    2.1 Schedule 1 Summary of revenue requirement: 

    Removal of:

    • Decision or settlement column
    • Applied for forecast column
    • Variance normalized to decision
    • Variance % columns

    2.2 Schedule 2 Summary of return on rate base: 

    Removal of:

    • Approved and applied for decision information
    • Variance actual to decision 
    • Variance % columns

    2.3 Schedule 2.1 Summary of mid-year rate base: 

    Removal of:

    • Decision and applied for columns, 
    • Variance actual to decision
    • Variance % columns

    2.4 Schedule 2.2 Summary of degree days & transportation units by classification: 

    Removal of:

    • Decision
    • Variance normalized to decision 
    • Variance % columns

    2.5 Schedule 2.3 Schedule of debt capital employed: 

    Removal of:

    • Approved and applied for forecast
    • Variance actual to decision 
    • Variance % columns

    2.6 Schedule 2.4 Schedule of preferred share capital employed:

    Removal of

    • Approved forecast
    • Variance actual to forecast
    • Variance % columns

    2.7 Schedule 2.5 Reconciliation: 

    No changes to previously required information

    2.8 Schedule 3 Summary of operating and maintenance expense: 

    Removal of:

    • Approved decision 
    • Applied for
    • Variance normalized to decision
    • Variance % columns

    2.9 Schedule 4 Summary of depreciation expense: 

    Removal of:

    • Approved forecast
    • Normalized
    • Variance normalized to forecast
    • Variance % columns

    2.10 Schedule 4.1 Capital assets continuity schedule: 

    No changes to previously required information

    2.11 Schedule 4.2 Summary of capital additions: 

    Removal of:

    • Decision
    • Applied forecast
    • Variance actual to approved
    • Variance % columns

    2.12 Schedule 5 Summary of utility income tax: 

    • Removal of decision:
    • Applied for
    • Variance actual to decision
    • Variance % columns

    2.13 Schedule 6 Summary of sales by classification: 

    Removal of:

    • Decision
    • Applied for
    • Variance actual to normalized
    • Variance % columns

    2.14 Schedule 7 Explanation of transactions with affiliated companies: 

    Removal of:

    • Approved forecast columns
    • Variance actual to forecast
    • Variance % columns

    2.15 Schedule 8 Summary of payroll and manpower statistics: 

    Removal of:

    • Approved forecast column
    • Variance actual to forecast
    • Variance % columns

    2.16 Schedule 9 Summary of reserve/deferral accounts: 

    Removal of:

    • Decision columns
    • Variance actual to forecast
    • Variance % columns

    2.17 Schedule 10 Reconciliation of financial reports to audited financial statements – income statement items: 

    Removal of utility function breakdown

    2.18 Schedule 11 Reconciliation of financial reports to audited financial statements – balance sheet items:

    Removal of utility function breakdown

    2.19 General comments on the proposed changes

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  • Discussion 3. Regulated rate provider and default supply provider schedules

    29 days ago
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    AUC staff have proposed changes to information required to be provided in the regulated rate provider and default supply provider schedules, and would like to hear your comments for each of the following proposed changes:

    3.1 Schedule 1 Regulated rate tariff income statement / Default rate tariff income statement: 

    Removal of the entire schedule.
     

    3.2 Schedule 2 Revenue by customer class: 

    Removal of line items 5 to 9, keeping one combined figure for “Revenue offsets and other adjustments.”
     

    3.3 Schedule 3 Sites and energy sales by customer class:

    Inclusion of “Sites as of December 31” as an additional line item.
     

    3.4 Schedule 4 Energy and operating expense: 

    • Inclusion of “Income tax” and “Flow-through expenses”(currently reported on Schedule 1) as additional line items. 
    • Change of schedule name, from “Energy and operating expenses” to “Expenses.”

       

    3.5 Schedule 5 Debt capital employed and interest expense:

     Removal of the entire schedule.
     

    3.6 Schedule 6 Income tax / payment in lieu of taxes (PILOT): 

    Removal of the entire schedule.
     

    3.7 Schedule 7 Capital assets continuity schedule: 

    Removal of the entire schedule.
     

    3.8 Schedule 8 Manpower summary:

    Removal of the entire schedule.
     

    3.9 Schedule 9 Reserve accounts: 

    Removal of the entire schedule.
     

    3.10 Schedule 10 Affiliate transactions: 

    Removal of the entire schedule.
     

    3.11 Schedule 11 Reconciliation from audited income statement to regulatory schedules: 

    Removal of the entire schedule.

    • In addition to removing this schedule, it will no longer be a requirement for regulated rate providers and default supply providers to provide the audited financial statements, complete with notes and audit report, as part of their annual report.

       

    3.12 General comments on the proposed changes.

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