ATCO Electric agrees to $31 million penalty following regulator’s investigation

EDMONTON — Regulated utility ATCO Electric has agreed to pay a $31 million administrative penalty after an Alberta Utilities Commission investigation found it deliberately overpaid a First Nation group for work on a new transmission line, and then failed to disclose the reasons for it when it applied to be reimbursed by ratepayers for the … Continue reading ATCO Electric agrees to $31 million penalty following regulator’s investigation