The province is giving people a jolting reminder about electricity pricing options in Alberta to avoid slipping into the Rate of Last Resort.
The rate is the default across the province, and one that is likely to make you pay more than others for the same service. Minister of Affordability and Utilities Nathan Neudorf says the government is taking action to ensure residents have the tools they need to make informed decisions about their electricity, with thousands of households across Alberta, reportedly coming off the rate of last resort in 2024.
“Albertans shouldn’t pay more on their power bill than they have to. Our government is taking action to ensure they have the tools they need to make informed decisions about their electricity so more of their hard-earned dollars can be used where they’re needed most for them and their families”
The provincial government suggests using readily available resources, like the Utilities Consumer Advocate, to learn more about different options available to you. The Rate of Last Resort is set at approximately 12 cents per kilowatt hour.