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Approval of negotiated settlement in the second quarter of 2020 delivers more than $80 million in savings to Albertans

from GlobeNewswire

Approval of negotiated settlement in the second quarter of 2020 delivers more than $80 million in savings to Albertans GlobeNewswire The Alberta Utilities Commission announced its approval of the negotiated settlement portion of AltaLink’s 2019-2021 General Tariff Application (GTA) during the second quarter of 2020, providing for more than $80 million in savings for Alberta electricity ratepayers. AltaLink’s cost saving initiatives are intended to deliver the agreed to reductions within the negotiated settlement with customers of $22.5 million in operating expenses over the three-year period and $58 million in net sustaining capital expenditures . READ MORE

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