On March 25, 2015 the MSA posted their annual report to the Minister of Energy.
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Author: Ashley
ENMAX 2014-2015 GTA COMPLIANCE FILING
In their decision (2014-347) regarding the ENMAX 2014-2015 TFO GTA and 2014 Phase 1 Distribution Tariff application, the Alberta Utilities Commission determined that it was reasonable for ENMAX to develop a deferral account for AESO Direct Assign projects that are cancelled or delayed by the AESO.
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RRT Generic Proceeding
On March 9, 2015 the AUC published their decision on the Commission initiated Regulated Rate Tariff (RRT) proceeding. As part of the proceeding, the three RRO providers – EPCOR, ENMAX and Direct Energy – submitted proposals for Energy Price Setting Plans (EPSPs) that consist of a proposed rate of return margin, various forms of risk compensation and a procurement strategy.
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MSA Complaint Against TransAlta
Following a Court of Queen’s Bench ruling that approximately three hundred documents are not protected by litigation privilege,
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EDTI 2015-2017 Transmission GTA
EPCOR Distribution and Transmission Inc. (EDTI) has applied to the AUC for approval of the 2015-2017 transmission tariff. EDTI has responded to information requests from the Commission and from interveners, and the oral hearing is scheduled to begin on April 10, 2015.
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AltaGas and EDTI Capital Tracker
Under the performance-based regulation (PBR) mechanism, distribution utilities can apply for supplemental funding for certain capital-related costs. The revenue requirement associated with the approved capital-related costs is collected from rate- payers by way of a ‘K factor’ adjustment to the annual PBR rate-setting formula.
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PBR Rate Adjustment
The Alberta Distribution Utilities (AltaGas, ATCO Gas, ATCO Electric, EPCOR Distribution and Transmission (EDTI), and Fortis) regulated by the AUC have completed the annual Performance Based Regulation (PBR) rate adjustment process.
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MSA Complaint Against TransAlta
On January 20, 2015 the Market Surveillance Administrator (MSA) submitted argument in the ongoing enforcement proceeding against TransAlta.
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Capital Tracker Assumptions
In addition to individual capital tacker decision, the Commission initiated a generic proceeding on the methodology and assumptions used in the accounting test requirement for capital tracker forecast and true-up applications. The Commission was interested in achieving consistency, where possibly, among the assumptions used for companies’ respective weighted average cost of capital (WACC) rate – specifically, debt rates, return on equity (ROE) rates and capital structure.
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AltaLink Interim Rates
On January 26, 2015, the AUC approved AltaLink interim TFO tariff application effective January 1, 2015 (3504-D01-2015).
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