Alberta affordability minister to tweak power pricing options as rates continue to rise ableg abpoli
Currently, it’s the default for consumers who don’t sign on with a competitive retailer, and it’s often used by those who have barriers like poor credit scores. Smith has previously signalled she wanted to offer price stability for those most affected by price fluctuations.
“The people who end up getting hit the most are fixed-income seniors, they’re people who are renters, they’re people who are newcomers, and that’s just not right. We’ve got to do something more to make sure they have a lot more price stability,” SmithRegulated electricity rates, which do not include billing and delivery costs,Advertisement 4to a July 4 report from
the Market Surveillance Administrator, almost 682,000 Alberta electricity accounts are through RROs, or 35 per cent, while more than 1.2 million accounts are on competitive retail electricity contracts, representing about 65 per cent. While the letter doesn’t offer any specific goals or timelines, Neudorf said Albertans shouldn’t expect new regulations to address the barriers to getting on a fixed rate.
“Managing the volatility is very high on our priority list. I don’t think it’s going to be solved by regulation — it’ll be solved by a very strong supply of generation within Alberta,” he said, arguing that a stable, predictable baseload can helpThis advertisement has not loaded yet, but your article continues below.
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