In proceeding 29109, ATCO Electric and the Alberta Utilities Commission Enforcement Staff (Enforcement Staff) submit a settlement agreement to the Alberta Utilities Commission (the Commission) regarding two issues of misrepresented financials that ATCO Electric self-reported to Enforcement Staff; an additional error was also discovered in ATCO Electric’s revenue requirement during the subsequent investigation of the issues. The party’s have requested that the Commission accept the settlement of an administrative penalty of $3 million, a refund of $4 million to customers, and payment of Enforcement Staff’s external legal counsel related to this proceeding.[1]
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