CALGARY, July 18 /CNW/ - (TSX:FTS) - FortisAlberta received approval July 12, 2005 from the Alberta Energy and Utilities Board (EUB) for its Final 2005 Distribution Tariff Rates, Terms and Conditions, and Distribution Adjustment Rider (DAR). Effective August 1, 2005, the distribution component of FortisAlberta's rates will increase by 2.1 per cent. In addition, FortisAlberta will bill the approved DAR as 2.81 per cent of the base Distribution Tariff Distribution Component charges. This will result in the collection of a $2.56 million revenue shortfall relating to January to July 2005, created by implementing the Final 2005 rates in August rather than in January. This temporary rider will be in effect August 1 through December 31, 2005. FortisAlberta is an electric distribution company with approximately 407,000 customers. It is a wholly owned subsidiary of Fortis Inc. - a diversified, international electric utility holding company with assets of $4 billion and annual revenues of approximately $1.2 billion. The Common Shares, Series C First Preference Shares and Series E First Preference Shares are traded on the Toronto Stock Exchange under the symbols FTS, FTS.PR.C and FTS.PR.E, respectively. Fortis Inc. information can be accessed at www.fortisinc.com.