Electric bills are quickly becoming one of the most expensive for Alberta’s home owners and renters.
In July, the average Regulated Rate Option rate across Alberta’s four biggest services territories was 27.49 cents per kWh, up from 14.795 cents per kWh in July of 2022.She says the high costs have had a big impact on her, as well as other people she knows.
"Nowadays, people cannot save money, they can't have that RRSP, they can't have any kind of savings whatsoever because all their money is wrapped up in bills and just living all together," Dickinson said.One is the end of the government's 13.5 cent kWh price cap that ran from January to March. Any cost over 13.5 cents was differed and is currently being paid back by consumers until December 2024.
The carbon tax has added additional costs for Albertans, but even transitioning to power produced by renewable sources won't guarantee cheaper electric rates. "The sun doesn't always shine, the wind doesn't always blow. There will always be a need for stand by ability to generate electricity using fossil fuels, and that's not changing anytime soon," said Le Roy.While Neudorf was unavailable to comment, a statement from his office reads "We are looking at more ways to continue to address this.
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