Proposed ATCO fine over padded rate requests insufficient, consumers group argues, May 13, 2022 (Photo: LNN)
Consumers’ group argues proposed ATCO fine is insufficient
May 13, 2022 | 2:27 PM
EDMONTON, AB — A consumers’ group is arguing that a $31-million fine proposed for ATCO Electric’s attempts to overcharge ratepayers for costs it shouldn’t have incurred isn’t big enough.
The Consumers’ Coalition of Alberta is arguing before the Alberta Utilities Commission that the proposed settlement doesn’t adequately compensate people in the province for the harms they have suffered.
ATCO has acknowledged it tried to get the commission to approve rate increases that included nearly $11 million it overpaid a British Columbia First Nation for work on a new transmission line.
The company has acknowledged it made the overpayment in order to secure work for another ATCO company in violation of the law then tried to cover it up.
