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Client Work

FortisBC gas establishes their return on equity and capital structures

Fasken
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Overview

Client

FortisBC gas

This process before the BC Utilities Commission involved setting the allowed rate of return on equity (ROE) and capital structure for all of the utilities in BC. The applicant FortisBC utilities are a gas utility serving over 900,000 customers, and an electric generation, transmission and distribution utility in central BC, and a thermal energy utility. As FortisBC is the largest investor owned group of utilities in the province, it took the lead role in this application. Matt acted as lead counsel throughout a two phase hearing process, which involved both written and oral components. The hearing involved primarily testimony from finance experts. These are the links to the decisions, stage 1 and stage 2.

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