ATCO Electric fined $3 million for unearned rate increases, overstating its costs

A prominent Alberta company has agreed to pay $3 million in fines for misleading the province’s utilities watchdog about its costs in two separate projects. ATCO Electric has also agreed to refund $4 million in recompense for unearned rate increases, a deal that now goes before the Alberta Utilities Commission for approval. “ATCO Electric admits […]

A prominent Alberta company has agreed to pay $3 million in fines for misleading the province's utilities watchdog about its costs in two separate projects. Read More