AltaGas’ Approval for Review and Variance of Decision 22750

Alberta Utilities Commission approves AltaGas’ Review and Variance application of Decision 22750: The Generic Cost of Capital in Decision 23947.

On August 2, 2018, the Commission issued Decision 22570 regarding AltaGas Utilities Inc.’s approved return on equity and deemed equity ratio for all affected utilities for the test years of 2018 – 2020.[1] In the decision the Commission ruled AltaGas’ deemed equity ratio to be reduced from 41 % to 39 % to recognize AltaGas’ inability to obtain lower cost debt that is typically associated with A-level credit ratings. Historically, AltaGas has been granted a higher equity ratio because it was higher risk than other utilities. However, in order to ensure greater symmetry between the actual credit rating associated with AltaGas’ debt (a rating of BBB at the time) and its equity thickness, the Commission ruled that reducing equity thickness was warranted.



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AltaLink Revenue Sharing NSA

On June 28, 2019 AltaLink Management Ltd. (AltaLink) filed its application with the Alberta Utilities Commission (the Commission) in Proceeding 24694 to share savings realized in 2017 and 2018 with its customers.

In the 2017 – 2018 General Tariff Application, AltaLink received approval from the Alberta Utilities Commission for a Negotiated Settlement Agreement (NSA) with certain intervenor groups including the Alberta Direct Connect Consumers Association, the Consumers’ Coalition of Alberta, the Industrial Power Consumers Association of Alberta, and the Office of the Utilities Consumer Advocate. As part of the NSA, AltaLink requested to refund any cost savings that arose for the 2017 – 2018 test period.



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Commission Decision on ATCO Electric’s 2018 – 2019 Transmission GTA

On July 4, 2019, the AUC released a decision on Proceeding 22742 regarding ATCO Electric Ltd.’s 2018 – 2019 Transmission General Tariff Application.



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EPCOR Distribution and Transmission Inc. TFO GTA 2020-2022

At the end of July 2019, EDTI submitted a Transmission Facility Owner General Tariff Application for 2020-2022, resulting in Proceeding 24798 at the Alberta Utilities Commission.



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Cost Claims from the AUC Capacity Market Rules Proceeding

Participants from the Capacity Market Rules Proceeding are now applying for cost reimbursement as part of Proceeding 24762. The total costs claimed are more than $2.1 million.



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Positions on Rate Treatment Issues Regarding the Acquisition of Distribution Utilities by PBR Utilities

The Alberta Utilities Commission (the Commission) initiated Proceeding 24405 to determine what rate treatment should be given to distribution utilities that acquire electric or gas distribution systems from Rural Electrification Associations (REAs), municipalities or gas co-ops under the Performance Based Regulation (PBR) 2013-2017 framework and the PBR 2018-2022 framework.[1]



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Altalink’s 2019-2021 GTA and Negotiated Settlement Agreement

In July 2019, Altalink L.P. applied to the Alberta Utilities Commission in Proceeding 23848 for approval of a negotiated settlement agreement for Altalink’s 2019-2021 General Tariff Application. The agreement involved Altalink and four consumer advocate groups.



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The AUC’s Position on Self-Supplying Assets

In February 2019, the Alberta Utilities Commission released a decision in Proceeding 23418 regarding EPCOR Water’s application to construct and operate a solar power plant to be used to supply an adjacent water treatment plant.



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