October 7, 2024
Fortis Inc. to Hold Teleconference on November 5 to Discuss Third Quarter 2024 Results
September 26, 2024
Fortis Inc. Announces New $26 Billion Five Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
September 23, 2024
Fortis Inc. Provides Standby Commitment to Caribbean Utilities Company, Ltd.
Fortis has ten regulated electric and gas utilities in Canada, the U.S., and the Caribbean. Our 9,600 employees serve 3.5 million electricity and natural gas customers. We’re united by our shared purpose to deliver a cleaner energy future and driven by values that focus on our customers, communities, and employees. Fortis has increased annual dividends paid to our shareholders for 50 consecutive years.
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Ninety-three per cent of our assets are dedicated to the transmission and distribution of safe and reliable electricity and natural gas to our customers. We prioritize emissions reductions and expect ninety-nine per cent of our assets to be focused on energy delivery and renewable generation by 2035.
We operate in 18 jurisdictions and are virtually 100% regulated. This contributes to our low-risk investment profile and makes us one of the most geographically diverse energy companies in North America.
We have a local business model where Fortis utilities have close ties to their customers and regulators. Our leadership teams have the authority, accountability, and independence to deliver what’s most important to their communities.
Nothing matters more to us than protecting the health and safety of our employees, customers and contractors. Our pursuit of safety is relentless.
Our employees are dedicated. We take pride in working hard and doing the right thing. We seek and develop diverse talent and offer an inclusive work environment.
We believe in local decision-making. Our teams understand the communities we serve. Our companies operate independently, but together as a family of companies we do more than any of us could do alone.
We make the right decisions for the long term, even when it’s a tough call. We keep our promises and hold ourselves to the highest ethical standards.
We make our communities stronger by nurturing local partnerships and giving back to the places we proudly serve.
We are energy delivery experts, dedicated to service, performance and growth. We respect the environment and drive innovation to provide energy solutions for our customers.
employees
2023 revenue
in total assets as at June 30, 2024
customers
Independent electricity transmission
22,102 system peak load (MW)
233,000 km2 service territory
Regulated by the Federal Energy Regulatory Commission
Electricity generation, transmission and distribution, and natural gas distribution
550,000 electricity customers
169,000 natural gas customers
3,408 MW generating capacity
Regulated by the Arizona Corporation Commission
Electricity generation, transmission and distribution, and natural gas distribution
1,087,000 natural gas customers
191,000 electricity customers
51,600 km gas pipelines
7,300 km power lines
Regulated by the British Columbia Utilities Commission
Electricity distribution
592,000 customers
90,500 km distribution lines
Regulated by the Alberta Utilities Commission
Natural Gas and electricity transmission and distribution
315,000 electricity customers
90,000 natural gas customers
2,400 km gas pipelines
15,200 km power lines
Regulated by the New York Public Service Commission
Electricity generation, transmission and distribution
275,000 customers
145 MW generating capacity
11,500 km power lines
Regulated by the Newfoundland and Labrador Board of Commissioners of Public Utilities
Electricity generation, transmission and distribution
89,000 customers
90 MW generating capacity
6,700 km power lines
Regulated by the Island Regulatory and Appeals Commission
Electricity transmission and distribution
69,000 customers
3,400 km power lines
Regulated by the Ontario Energy Board
Electricity generation, transmission and distribution
34,000 customers
166 MW generating capacity
700 km power lines
Regulated by the Utility Regulation and Competition Office
Electricity generation, transmission and distribution
17,000 customers
88 MW generating capacity
700 km power lines
Regulated by the Government of the Turks and Caicos Islands
ELECTRICITY TRANSMISSION
1,800 km power lines
Regulated by the Ontario Energy Board
