Energy Business Strategic Review - April 22, 2025

The City of Medicine Hat is exploring the possibility of transitioning our distribution and electric generation energy governance to a Municipally Controlled Corporation (MCC) with a Rate Review Committee.

This comes from an extensive third-party review of the governance structure for the City’s current energy business. The Review will help the City decide on a business model that is intended to deliver optimal value for the community in light of changing community and external circumstances.

After extensive analysis of three models (status quo, MCC, divestment), KPMG LLP recommended a MCC governance structure. Administration supported this recommendation and City Council directed KPMG to conduct further analysis.

Currently, KPMG is working with the City to develop a proposed implementation plan that will support a better understanding of the costs, benefits, changes, and realities of a possible transition to an MCC model.

Watch the presentation from Tuesday’s City Council meeting.