DEFERRAL AND VARIANCE ACCOUNTS

  1. The purpose of this exhibit of evidence is to address deferral and variance account matters associated with Enbridge Gas’s Application. This exhibit of evidence includes background on the established FCPP-related deferral and variance accounts as well as a forecast of 2021 administration costs, based on best available information at the time of this submission, for informational purposes. As discussed at Exhibit A, paragraph 7, Enbridge Gas will seek disposition of final audited year-end 2020 balances in FCPP-related deferral and variance accounts for each of the EGD rate zone and Union rate zones as part of its 2022 FCPP Application (to be filed by September 2021).

  2. This exhibit of evidence is organized as follows:

    1. Established FCPP-Related Deferral and Variance Accounts

    2. Forecast 2021 Administration Costs

    1. ESTABLISHED FCPP-RELATED DEFERRAL AND VARIANCE ACCOUNTS

  3. In its 2019 Application, to ensure compliance with the GGPPA in 2019 and beyond and that the costs of compliance with the GGPPA were clearly delineated from those incurred under the Cap-and-Trade Program, Enbridge Gas requested OEB approval to establish five new deferral and variance accounts. The new accounts would record: (i) actual combined administration costs for all rate zones (effective January 1, 2019); (ii) Federal Carbon Charge cost variances between the actual costs incurred and the amount collected through rates related to the volumes delivered by Enbridge Gas for each of the EGD rate zone and Union rate zones (effective April 1, 2019); and (iii) Facility Carbon Charge cost variances between the actual costs incurred and the amount collected through rates related to Company Use and OBPS