VANCOUVER, British Columbia, Nov. 29, 2024 (GLOBE NEWSWIRE) — Today, the British Columbia Utilities Commission (BCUC) completed Stage 2 of its Generic Cost of Capital proceeding, which set the allowed return for public utilities regulated by th
The BCUC is responsible for ensuring shareholders of public utilities are afforded a reasonable opportunity to earn a fair return on their invested capital. In determining a fair return, the BCUC considered each utility’s business risks compared to the benchmark utility, FortisBC Energy Inc. (FortisBC), and any changes since the last cost of capital review. Read More
