Fortis Utilities Take Action to Decrease Greenhouse Gas Emissions and Increase Renewable Energy Use
ST. JOHN’S, Newfoundland and Labrador, Sept. 23, 2019 — Fortis Inc. (“Fortis” or the “Corporation”) (TSX/NYSE:FTS) announced today that its subsidiary, FortisBC, has set a greenhouse gas (“GHG”) reduction target. The utility said earlier today it has set an ambitious goal to reduce GHG emissions associated with their customers’ energy use by 30 percent overall by the year 2030. This announcement, along with other developments at Fortis utilities, demonstrates our commitment to a lower carbon economy.
Tucson Electric Power (“TEP”) had a goal to deliver 30 percent renewable power to customers by 2030. The utility is expecting to exceed 28 percent of its renewable generation retail sales by 2021 – close to nine years ahead of schedule. TEP is now setting its sights on new carbon emission reduction goals and has partnered with the University of Arizona to develop a carbon reduction target for the utility’s 2020 Integrated Resource Plan.
“FortisBC and Tucson Electric Power, in particular, are setting targets that will have a positive effect on our environment,” said Barry Perry, President and CEO, Fortis. “We are seeing good progress in our efforts to deliver cleaner energy to customers.”
To achieve its objective, FortisBC will focus on tripling investment in energy efficiency projects, increasing renewable gas supply and focusing on low and zero-carbon vehicles and transportation infrastructure.
TEP recently expanded its partnership with the University of Arizona and is supporting the university’s plan to provide 100 percent clean energy to its Tucson campus by the end of 2020. TEP will dedicate portions of its new wind and solar energy projects to serving the university’s needs.
“Fortis utilities are showing their commitment to a cleaner energy future by setting targets, reducing GHG emissions and reducing carbon intensity,” said Mr. Perry. “Our five-year $18.3 billion capital plan includes investments in sustainability initiatives supporting a green and resilient energy grid. We will continue to take the right steps for our customers, our communities and our environment.”
For more information on these initiatives, visit www.fortisbc.com or www.tep.com.
About Fortis
Fortis is a leader in the North American regulated electric and gas utility industry with 2018 revenue of C$8.4 billion and total assets of approximately C$52 billion as at June 30, 2019. The Corporation’s 8,800 employees serve utility customers in five Canadian provinces, nine U.S. states and three Caribbean countries.
Fortis shares are listed on the TSX and NYSE and trade under the symbol FTS. Additional information can be accessed at www.fortisinc.com, www.sedar.com, or www.sec.gov.
For more information, please contact
Investor Enquiries: | Media Enquiries: |
Ms. Stephanie Amaimo | Ms. Karen McCarthy |
Vice President, Investor Relations | Vice President, Communications & Corporate Affairs |
Fortis Inc. | Fortis Inc. |
248.946.3572 | 709.737.5323 |
samaimo@fortisinc.com | media@fortisinc.com |
NT4


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