Interim Tariff
AltaLink Management Ltd. (“AltaLink”) applied for approval of its 2016 interim transmission facility owner (“TFO”) tariff. AltaLink requested to continue recovering its 2015 interim TFO tariff as approved in Decision 3504-D01-2015, effective January 1, 2015 and until such time as the AUC renders a final decision in respect of AltaLink’s 2015-2016 general tariff application (“GTA”).
The Consumers’ Coalition of Alberta stated that it had no objection to the application.
AltaLink submitted that its current 2015 interim tariff was approved on an interim refundable rate of $60,787,500 per month, effective January 1, 2015, reflecting 90 percent of AltaLink’s forecast revenue requirement for 2015.
The AUC noted that the proceeding to consider AltaLink’s GTA was underway at the time of the decision, and that the oral portion of the hearing had already concluded. The AUC also determined that AltaLink’s 2015 interim tariff would expire prior to the AUC issuing a final decision in the proceeding. Therefore the AUC held that continuing the interim rate for a short duration into 2016 would not result in any harm to ratepayers and would provide adequate funding to AltaLink.
Accordingly, the AUC approved AltaLink’s request to continue its 2015 interim TFO tariff of $60,787,500 per month, effective January 1, 2016 on an interim basis until a final decision is made in respect of AltaLink’s current GTA.