Depending on what electricity plan you are on, you might see some rate increases on your utility bill in 2018. Electricity rates are rising from historic lows that were due to an oversupply and a downturned economy.
What should Regulated Rate Option (RRO) customers expect?
Until June 2021, whenever the Regulated Rate Option (RRO) hits 6.8 cents per kilowatt-hour, the price cap will be implemented and automatically applied to the bills issued by the RRO providers regulated by the Alberta Utilities Commission (AUC). Rate caps for customers of REAs and Medicine Hat residents may slightly vary depending on the owners' applicable and reference rates.
Does the price cap apply to delivery charges as well?
The price cap applies only to the energy portion of a bill. Distribution and transmission charges are not covered.
Does the price cap apply to competitive retailers' rates?
If you are with a competitive retailer, your electricity rate follows the terms of your contract and will not be capped at the 6.8 cents.
Questions or Concerns?
For more information on the price cap, please visit https://www.alberta.ca/electricity-price-protection.aspx
If you have questions specifically about retail charges and your electricity usage, please contact your retailer directly.