Town of Grimshaw Council Meeting Agenda April 2026
ATCO Electric reports 2025 franchise fees to Grimshaw
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Description
ATCO Electric continues to provide electric distribution services to the Town of Grimshaw under a long-standing franchise agreement, remitting a 6% franchise fee totaling $164,189 on 2025 distribution revenue plus $40,843 in linear taxes. The 2025 franchise report also outlines reliability performance, streetlight maintenance, and a projected 2026 total of $206,722 in fees and taxes.
Contract Details
Contract Amount
$164,189 franchise fee on 2025 distribution revenue; $40,843 distribution linear taxes; projected $163,934 franchise fee and $42,788 taxes for 2026
Vendor
ATCO ELECTRIC
Agency
Town of Grimshaw, Canada
Contract Type
UTILITIES
Document Date
April 8, 2026
Contract Term
Ongoing franchise relationship since 1940; 2025 report and 2026 forecast provided
Renewal Info
Franchise operates at a 6% fee on distribution revenue with annual reporting; no specific expiry or renewal date is stated in the 2025 report.
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