The Alberta Utilities Commission (AUC) has issued its decision in Phase 2 of Proceeding 29064, addressing the reopener of the 2018–2022 performance-based regulation (PBR2) plans for ATCO Electric Ltd. and ATCO Gas and Pipelines Ltd. (collectively, ATCO). This follows the Phase 1 Decision 28300-D01-2024, in which the Commission determined that ATCO’s PBR2 plans should be reopened due to excessive returns not supported by evidence of efficiency gains.
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