AltaLink achieves top performance while holding costs flat [Canadian Business Journal (Canada)]
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Source: Canadian Business Journal
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW CALGARY, Alberta, Feb. 28, 2020 (GLOBE NEWSWIRE) — During the first year of AltaLink’s Flat for Five commitment, AltaLink held its transmission costs to customers flat while delivering best ever results in customer service and outage duration performance. “Improving performance while not increasing costs is one of the most challenging aspects of operating any business,” said Scott Thon, AltaLink’s President and Chief Executive Officer. “With a business as critical to the economy as the electricity transmission system, we know Albertans are relying on us to improve every day without increasing our cost of service.” In 2019, AltaLink filed an application with the Alberta Utilities Commission (AUC) to keep its rates flat from 2019 to 2021, covering the first three years of its five-year commitment. This app
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