EPCOR Energy Alberta filed an application requesting approval of an energy price setting plan for the term of May 1, 2018 to April 30, 2021. The energy price setting plan sets out how EPCOR Energy will procure electricity from the wholesale market and combine energy costs with risk compensation, profit margin and other costs into the monthly electricity rate billed to customers on the regulated rate option (RRO) in EPCOR Distribution & Transmission Inc. and FortisAlberta Inc. service territories. EPCOR Energy proposed to change its procurement methodology, its product mix and its method of determining commodity risk compensation.
Regulated rate providers such as EPCOR Energy, are required to file monthly energy rates with the Commission. The monthly energy rates are determined in accordance with the energy price setting plans approved by the Commission and applicable legislation.
Decision 22357-D01-2018 was issued on this proceeding on March 16, 2018.
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