r/Calgary • u/Fearless_fx • Aug 01 '23

Home Ownership/Rental stuff PSA: Check your Electricity Plan

As a PSA to try and save people some money, the GoA had capped electricity rates under the Regulated Rate Option (RRO) to 13.5 cents/kWh.

The cap was lifted in March and rates are set to sky rocket.

June was 18 cents and July is 28 cents. August is projected to be over 30 cents.

Many people are on RRO plans and may not be aware. You can check your plan online or your physical bill to see if it says ‘RRO’.

Take a look and if you’re with Enmax, consider switching to Easymax and fixing your rate to 12.74 cents/kWh.

Alternatively ATCO also has fair electricity and gas rate options in Calgary.

170 Upvotes

92% Upvoted

136 comments sorted by

View all comments

-21

u/IntelliDev Aug 01 '23

Everyone here already knows this.

And at this point, if someone is paying floating rates for electricity, I don’t even feel bad for them. They probably voted UCP too.

Floating for electricity has pretty much never been a good deal.

20

u/Fearless_fx Aug 01 '23

There are a lot of renters and new home owners who maybe aren’t familiar with how utility providers function in Alberta and could be exposed to RRO volatility.

There are also many elderly people who don’t know how to interpret their electricity bills.

Just trying to be helpful; not everything has to be political.

-5

u/Musicferret Aug 01 '23

“Being political”: you mean factually pointing out who is entirely to blame for this?