CALGARY, AB, May 26, 2025 /CNW/ - ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)/Canadian Utilities Limited (TSX: CU)
Among the updates ATCO provided to share owners at its recent Annual General Meeting was that its ATCO Gas and ATCO Electric businesses are on track to deliver more than $500 million in savings in distribution rates to its Alberta customers during the current regulatory rate period of 2023-2028. Distribution rates are the costs of operating the pipes and wires that provide natural gas and electricity to homes and businesses and represent the portion of the utility bill that ATCO Gas and ATCO Electric are responsible for.
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