The Alberta Utilities Commission (the Commission) denied AltaGas Utilities Inc.’s (AltaGas’s) Stage II Review and Variance Application on the 2018 Generic Cost of Capital (GCOC) proceeding.
AltaGas Utilities Inc. (AltaGas) applied for the second stage of the Review & Variance process on the 2018 Generic Cost of Capital (GCOC) proceeding (ID 22750) in January 2020, initiating Proceeding 25031.
Final reply arguments in the 2018 GCOC proceeding were submitted in mid-May.
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The Commission has proposed to expand the scope of the 2018 Generic Cost of Capital (GCOC) proceeding to include a discussion of what should happen if a utility’s credit rating falls below investment grade[1] given that the deemed equity ratio is designed to support a credit rating at the A level.
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The AUC initiated 2018 generic cost of capital (GCOC) proceeding is underway with Alberta Utilities and customer groups submitting evidence in support of their proposed return on equity (ROE) and debt-to-equity ratios.
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