Alberta Utilities Commission

This decision provides the Alberta Utilities Commission’s determination of ATCO Gas and Pipelines Ltd.’s (ATCO Gas or AG) 2015 capital tracker true-up. For the reasons outlined in this decision, the Commission has determined that:
- ATCO Gas’s proposed grouping into projects or programs is reasonable.
- The need for the capital tracker projects or programs included in the 2015 true-up is confirmed and the actual scope, level, timing and actual costs of each of the projects or programs included in the 2015 true-up were prudent. As a result, each of these programs or projects meets the project assessment requirement under Criterion 1.
-The capital tracker projects or programs included in the 2015 true-up satisfy the accounting test requirement of Criterion 1. Therefore, all of ATCO Gas’s programs or projects included in the 2015 true-up satisfy the requirements of Criterion 1 for capital tracker treatment.
-The previously-approved capital tracker projects or programs included in the 2015 trueup continue to meet the requirements of Criterion 2. The new Alberta Floods program also meets the requirements of Criterion 2.
-All of ATCO Gas’s capital tracker projects or programs included in the 2015 true-up satisfy the two-tiered materiality test requirement of Criterion 3.
- The Alberta Floods program meets all three capital tracker criteria based on the actual expenditures in 2014.
- The Steel Mains Replacement (SMR) capital tracker program meets all three capital tracker criteria based on an updated forecast basis for 2017.