Electricity – Rates
Application
The City of Red Deer (“Red Deer”) applied to continue its currently approved 2023 transmission facility owner (“TFO”) tariff of $467,397 per month on an interim and refundable basis, effective January 1, 2024, until the AUC approves either a revised interim or a final tariff. Red Deer indicated that it is currently in the process of preparing a 2024 general tariff application but it did not anticipate that a final tariff would be in place before January 1, 2024.
Decision
The AUC approved the request for continuation of the currently approved tariff because: a final 2024 TFO tariff will not be approved and in place before January 1, 2024; and the interim rate promotes short-term rate stability and will allow for Red Deer’s rates to be trued-up to reflect the final 2024 TFO tariff once approved by the AUC.
