Investor Presentaiton
2018-2023 Rate Base by Segment
(1)
Rate Base
APPENDIX
($billions)
3-Year CAGR 5-Year CAGR
2018A
2019F
2020F
2021F
2022F
2023F
to 2021
to 2023
Regulated - Independent Electric Transmission
ITC(2)
7.8
8.5
9.1
9.7
10.3
10.8
7.7%
6.8%
Regulated - US Electric & Gas
UNS Energy
Central Hudson
Total Regulated - US Electric & Gas
4.7
5.3
6.0
6.3
6.4
6.6
10.1%
6.9%
1.6
1.8
2.0
2.2
2.3
2.4
9.5%
8.5%
6.3
7.1
8.0
8.5
8.7
9.0
10.0%
7.3%
Regulated - Canadian & Caribbean Electric & Gas
FortisBC Energy
4.4
4.5
4.7
5.0
5.1
5.9
4.6%
6.0%
Fortis Alberta
3.4
3.6
3.8
3.9
4.1
4.3
5.5%
5.1%
FortisBC Electric
1.3
1.3
1.4
1.4
1.5
1.5
2.8%
2.4%
Other Electric (3)
2.9
2.9
3.1
3.5
3.7
4.0
6.5%
6.7%
Total Regulated - Canadian & Caribbean Electric & Gas
12.0
12.3
13.0
13.8
14.4
15.7
5.1%
5.5%
Total Rate Base Forecast
26.1
27.9
30.1
32.0
33.4
35.5
7.1%
6.3%
(1) US dollar-denominated rate base for 2018 is based on the actual average USD/CAD foreign exchange rate of $1.30 and forecast rate base for 2019 to 2023 is based on $1.28.
Holding foreign exchange constant at $1.30, rate base CAGR would be 6.5% for 5-year CAGR and 7.4% for 3-year CAGR.
(2) Fortis has an 80.1% controlling ownership interest in ITC, rate base represents 100% ownership.
(3) Comprises Eastern Canadian and Caribbean electric utilities
FORTIS.INC.
40View entire presentation