Examples of ATCO Pipelines in a sentence
Because ATCO Pipelines requested and received Commission approval to negotiate a settlement; subsequently negotiated with parties representing ratepayers; executed the NSA; and then applied to the Commission for approval of the NSA in its entirety, the Commission has proceeded on the basis that the NSA satisfies ATCO Pipelines’ interests and only assessed the NSA from the point of view of ratepayers.
With respect to factor (iv) (whether or not the utility is typically at risk for the forecast amount), the Commission accepts that ATCO Pipelines is subject to additional risk for growth projects identified by NGTL within ATCO Pipelines’ geographical footprint.
ATCO Pipelines requested the establishment of the NGTL Identified Growth deferral account to track capital expenditures associated with growth capital projects.
On August 30, 2023, ATCO Pipelines confirmed that it wished to continue with its GRA.
On August 18, 2023, ATCO Pipelines requested that the Commission reconsider its August 14, 2023, ruling.
Parties to the NSA also agreed to implement a new deferral account in the test period, the IT Transition Temporary deferral account.66 The NSA also includes commitments made by ATCO Pipelines to provide certain information in its next GRA.
ATCO Pipelines provided a summary of the revenue requirement reductions agreed upon in the NSA as follows: Table 1.
Additionally, the Commission finds that the information provided by ATCO Pipelines is insufficient to properly assess factors (ii) and (iii).
ATCO Pipelines also argued45 that the applied-for deferral account is similar both in nature and in terms of the level of information provided for the NGTL Directed Growth deferral account,46 approved in Decision 2013-430.47 However the Commission considers that the factual circumstances are dissimilar in key respects.
The NSA reached by ATCO Pipelines and parties who participated in the NSP (the parties) reduces ATCO Pipelines’ applied-for 2024-2026 revenue requirements from$358.62 million to $353.53 million for 2024, $371.37 million to $365.18 million for 2025 and$388.13 million to $381.07 million for 2026.