Good morning from Virnetta Anderson Hall, where ENMAX is holding its annual meeting of the shareholder with city councillors. #yyc #yyccc @GlobalCalgary 
This meeting is not being live streamed, unlike the other meetings of the shareholder earlier this month. #yyc #yyccc @GlobalCalgary
I’ve been told there is a stream link for people who couldn’t attend in person but the meeting is not being streamed on the City of Calgary council livestream. #yyc #yyccc @GlobalCalgary
Earnings from three business units of ENMAX resulted in a 7% dividend to the City of Calgary of $62M. #yyc #yyccc @GlobalCalgary
ENMAX says less than 0.2% of business and residential customers face having their power cut off due to unpaid pills. #yyc #yyccc @GlobalCalgary
ENMAX says it’s donating $3.25M to community organizations and initiatives that address energy affordability. #yyc #yyccc @GlobalCalgary
ENMAX says it invested $435M into maintenance and upgrades on its assets. #yyc #yyccc @GlobalCalgary
ENMAX says it supports the federal government’s plans of net zero emissions by 2050.
ENMAX says it’s reduced emissions by 65% between 2015 to 2021 with a goal of 70% reduction by 2030. #yyc #yyccc @GlobalCalgary
ENMAX says it’s reduced emissions by 65% between 2015 to 2021 with a goal of 70% reduction by 2030. #yyc #yyccc @GlobalCalgary
On to questions from council now.
Ward 9 Coun. Gian-Carlo Carra thanks ENMAX for getting serious on climate. He asks about inner-city redevelopment, and an inner-city development fund to replace aging infrastructure, and where they can go from here.
#yyc #yyccc @GlobalCalgary
Ward 9 Coun. Gian-Carlo Carra thanks ENMAX for getting serious on climate. He asks about inner-city redevelopment, and an inner-city development fund to replace aging infrastructure, and where they can go from here.
#yyc #yyccc @GlobalCalgary
ENMAX says the fund is a good idea, and they need to speak with the regulator about scope of control. They say there’s an opportunity to “come up with something.” #yyc #yyccc @GlobalCalgary
Ward 8 Coun. Courtney Walcott asks how ENMAX can make clean energy affordable.
ENMAX says it’s directing more funding to social services organizations in the short term to help with energy poverty. Long term is to find solutions to keep costs off the consumer. #yyc #yyccc
ENMAX says it’s directing more funding to social services organizations in the short term to help with energy poverty. Long term is to find solutions to keep costs off the consumer. #yyc #yyccc
ENMAX says it may play a different role from shifting electrons to controlling stability on the grid as people generate power from their own homes. Could be like controlling when people charge their cars so not everyone is overloading the grid at the same time. #yyc #yyccc
Ward 11 Coun. Kourtney Penner asks about how call volumes to the customer service centre and the 87% customer satisfaction survey. ENMAX says it’s target is 88% - but call volume is way up, which happens when energy rates rise. #yyc #yyccc @GlobalCalgary
ENMAX says many people are changing rate options and payment program options with prices increasing. They set a record of people moving to the EasyMax program. #yyc #yyccc @GlobalCalgary
Penner asks about call wait times and supporting customers struggling with costs. ENMAX says it has dedicated agents for customers dealing with energy affordability issues. They say there’s a callback option and customers can go online as well. #yyc #yyccc @GlobalCalgary
Penner asks why this shareholder meeting isn’t being streamed publicly like other AGMs from wholly owned subsidies on the city’s website. #yyc #yyccc @GlobalCalgary
ENMAX says it is chairing the meeting and it is not meant to be political, but meant to be seen as a commercial operation. #yyc #yyccc @GlobalCalgary
Penner says one of the challenges they hear from residents about “demystifying” ENMAX, and that it doesn’t feel public. She says this meeting doesn’t feel public and the process needs to improve for next year. #yyc #yyccc @GlobalCalgary
Ward 7 Coun. Terry Wong asks about power charging stations for cars in older communities. ENMAX representative says they have EV charging pilots ongoing. They’re model is to build the infrastructure for people to connect. #yyc #yyccc @GlobalCalgary globalnews.ca/news/8535678/c…
Ward 3 Coun. Jasmine Mian asks about challenges in the regulatory environment. ENMAX says the regulator isn’t as far along in its thinking in Alberta than it needs to be. They need to flush out what they need and take that information to the regulator. #yyc #yyccc @GlobalCalgary
ENMAX says it needs to bring the regulator a picture of what decarbonization looks like at the customer level. ENMAX rep says it’s about helping the regulator understand what the long term climate plans look like. #yyc #yyccc @GlobalCalgary
Ward 10 Coun. Andre Chabot asks if there’s consideration of nuclear for power generation. ENMAX says it doesn’t believe the technology will be there in time for net zero for 2050. May have a role in the future. #yyc #yyccc @GlobalCalgary
One question from the public - Robert Tremblay with Calgary Climate Hub. He asks about emerging federal policy and 86% of ENMAX’s power generation comes from fossil fuels. #yyc #yyccc @GlobalCalgary
ENMAX says grid scale solar is something the utility is looking at. ENMAX rep says they have the most efficient fleet in Alberta, and it will take carbon capture on those facilities to reduce its emissions long term. #yyc #yyccc @GlobalCalgary
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