More money for the things you love
At AltaLink, everything we do is with our customers in mind. Always. And that's never been truer than now. With a recovering economy and a changing energy landscape in our province, we know that our customers and all Albertans are concerned about keeping energy affordable. That’s why we are committed to continuing to find efficiencies and improvements in the way we operate to keep more money in the hands of Albertans. This is how we’re doing it.
Up to $750 million in savings for Albertans
By actively looking for ways to reduce our operating expenses and extend the life of our transmission lines, we have identified an opportunity to save Albertans between $600 and $750 million on their energy bills through 2018.
In May of 2016, we received approval from the Alberta Utilities Commission (AUC) on our 2015-2016 General Tariff Application that includes a rate relief proposal resulting in $600 million in reduced costs through 2018.
In addition to that, we reached an agreement earlier this year with our customer groups representing Alberta’s industrial and residential electricity consumers. If this agreement is approved by the AUC, it will save Albertans up to $150 million in additional savings in 2017 and 2018.
Delivering value through engineering
We are grateful for the opportunity to work closely with our customers to ensure that we can deliver energy solutions that work for them. Through a process we call value engineering, we are able to identify sustainable cost saving solutions for our connecting customers using new technologies and practices.
Customer input is necessary for this process to be successful, which is why we invest a sufficient amount of time and effort into working directly with our customers to clarify and define their project requirements. In the last four years alone using value engineering, we’ve passed on more than $200 million in savings to our customers.