Insight Fallback

British Columbia Gives Utility Regulator New Fangs

British Columbia has become the latest North American jurisdiction to give utility regulators - in this case the BC Utilities Commission -  the power to impose "administrative penalties".  Administrative penalties are like fines, but are imposed directly by the regulator outside the court process.  The fines can range from $25,000 to $1,000,000 per day, depending on the infraction, and in some cases can be imposed personally on officers and directors.  Read the entire bulletin here.