The Energy Business Strategic Review first presented in November 2024 proposed a municipally-controlled corporation and rate review committee. File Photo/CHAT News
CITY HALL
City of Medicine Hat to explore arms-length energy corporation proposal
Dec 5, 2024 | 5:26 PM
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Medicine Hat’s city council has granted staff permission to explore the impacts of creating an arms-length corporation that would control its energy businesses and establishing a utility rates review committee.
Rochelle Pancoast, the city’s energy head, said a third-party analysis carried out by KPMG that recommended the changes needed to be flushed out.
“At this point there aren’t enough facts on the table to definitively say yes or no,” she said during Thursday’s special council meeting.
“They sound like good approaches, but in many ways we have a sketch by an expert artist, and now we have some opportunity to add some colour and in a colour palette that’s actually suitable for this community — fit for purpose.”
