November 4, 2025
Fortis Inc. Releases Third Quarter 2025 Results, New Five-Year Capital Outlook and 4% Increase in Fourth Quarter Dividend
October 27, 2025
Advisory: Fortis Inc. to Hold Teleconference on November 4 to Discuss Third Quarter 2025 Results and New Five-Year Capital Outlook
September 30, 2025
Fortis Inc. to Hold Teleconference on November 4 to Discuss Third Quarter 2025 Results and New Five-Year Capital Outlook
Our companies, operating in 16 jurisdictions across North America, are united in taking a pragmatic approach to delivering a cleaner energy future.
Our strategy focuses on investing in a cleaner, more resilient energy grid. Our goal is to get the energy we provide as clean as possible, as fast as possible, without compromising our ability to deliver safe, reliable, affordable energy to customers.
Reduce greenhouse gas emissions.
Focus on customer affordability.
Support energy policy development.
Tap into innovative solutions to provide reliable, cleaner energy.
We have reduced direct greenhouse gas (GHG) emissions by 34% from a 2019 base year, equivalent to annual emissions of more than 900,000 gasoline vehicles. We are committed to achieving a coal-free generation mix by 2032. Our 2050 net-zero direct GHG emissions target reinforces Fortis' commitment to further decarbonize over the long-term, while continuing our focus on reliability and affordability. Our ability to decrease direct GHG emissions may be impacted by factors such as government energy policies, significant load growth, and new clean energy technology.
All Fortis companies support our emissions reduction targets and make a distinct contribution, reflecting their business and geographic considerations. Learn more about how our three largest utilities are driving the cleaner energy transition.
Our regulated vertically integrated energy company in Arizona is transitioning its energy mix to increase renewable energy sources while also supporting growing customer energy use. Tucson Electric Power (TEP) is committed to having a coal-free generation mix by 2032. Plans are underway to convert 793 MW of coal-fired generation to natural gas generation with similar capacity by 2030. TEP is also developing a 200 MW energy storage system that will facilitate the integration of renewable energy onto the grid, with the capability to store 800 MWh of energy.
Our regulated energy transmission company is investing in the infrastructure necessary to build a more modern, reliable grid to support the delivery of cleaner energy. ITC also advocates for public policy to advance U.S. energy infrastructure and ensure a robust transmission system that is reliable, resilient, and sustainable.
Our regulated natural gas distribution business is expanding lower carbon energy solutions and helping customers save energy. The company is a leading gas utility buyer of renewable natural gas in North America and invests significantly in energy conservation initiatives to reduce greenhouse gas emissions and lower energy costs for customers. FortisBC is also committed to finding solutions for sectors that are difficult to decarbonize, such as heavy industry and marine transportation.
As we make the necessary investments in our companies and transition to cleaner energy, we are focused on keeping energy reliable and affordable for customers. We’re getting the most out of existing infrastructure and embracing innovation and process improvements to help control operating costs. We also help customers save energy and manage bills through energy efficiency and demand-side management programs.
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