Alberta Utilities Commission (AUC) files a decision (Proceeding 23604) on the reopener provision of the 2013-2017 performance-based regulation (PBR) plans for ATCO Electric and ATCO Gas and Pipelines (ATCO Utilities).
On June 1, 2018, the Alberta Utilities Commission (AUC) initiated a review (Proceeding 23604) on the re-opener provision of the 2013-2017 performance-based regulation (PBR) plans for ATCO Electric and ATCO Gas and Pipelines (ATCO) with regards to 2016 and 2017 financial results.
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The Commission’s original Performance Based Regulation (PBR) decision contains a provision that allows the Commission to review a utility’s historical PBR plan if the reported ROE is 300 basis points (BP) above or below the approved return on equity (ROE) for two consecutive years, or 500 BP above or below the approved ROE for one year.
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