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.
To view more of this post, please
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.
To view more of this post, please
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.
To view more of this post, please
Enmax Power Corporation (EPC) applied for a re-opener of its Formula-Based Ratemaking (FBR) on the basis that actual returns on equity (ROEs) were more than 300 basis points below the target ROE for two consecutive years.
To view more of this post, please
In December, the Commission issued Decision 2014-347 on ENMAX Power’s 2014 Phase I Distribution Tariff Application and 2014-2015 Transmission General Tariff Application.
To view more of this post, please