Electricity – Rates
ENMAX Power Corporation (“ENMAX”) and the Office of the Utilities Consumer Advocate (“UCA”) requested approval of a settlement agreement. The AUC also approved the settlement agreement between EPCOR Distribution & Transmission Inc. (“EDTI”) and the UCA as filed.
The AUC approved the settlement agreement between ENMAX and the UCA as filed, in its entirety, with reasons to follow. The AUC also approved the settlement agreement between EPCOR and the UCA as filed, in its entirety, with reasons to follow.
Electric Utilities Act, SA 2003, c E-5.1 – s 135.
ENMAX and EDTI operate under a performance-based regulation (“PBR”) framework. The current PBR Term expires at the end of 2022. ENMAX and EDTI filed their 2023 cost of service (“COS”) review applications before the AUC. The COS review applications represent the rebasing of their respective revenue requirements through a COS framework.
The parties negotiated settlement agreements as packages, contingent on the AUC accepting the entire settlement. S. 135 of the Electric Utilities Act requires the AUC to approve or refuse the entirety of each settlement agreement.