What a difference local can make.
Great Rates. Small-town Service. Peace of mind.
Know what’s even better than great low rates? Great low rates provided with the warmth and friendliness of small town service.
At Camrose Energy, we understand the importance of saving money for the average household. That’s why our low guaranteed rates can make a significant difference in your monthly expenses compared to the variable ROLR (Rate of Last Resort).
We believe in working together with you to find the electricity option that perfectly fits your household needs. With us, there are no contracts, no hidden fees, and no penalties for switching between rates.
Your household could save significantly every month with a guaranteed rate!
For many Albertans, the ever increasing variable ROLR (rate-of-last-resort) means a dramatic increase in their electricity costs.
But it doesn’t have to.
At Camrose Energy, our guaranteed fixed rates bring you security and peace of mind amid the ever-increasing market volatility in the energy sector, taking the guesswork out of month-to-month rate fluctuations.
We Offer Three Options to Meet Your Needs:
Guaranteed Base Rates
These are our standard, guaranteed base rates, with no limitations or stipulations (on approved credit).
Discounted Base Rates
With a one-time prudential deposit, you can take advantage of discounted guaranteed rates.
Variable Rates
Our variable rate is determined by the cost of the spot market of electricity. This is a 30-day average with a transaction fee of $0.77 to that price to determine the variable rate.
What is a prudential?
A prudential is one time deposit into our Prudential account which allows us to keep our rates lower and continue to save you money on your electricity bill. You will earn 5% interest per annum on this investment which is credited monthly toward your Camrose Energy bill, and the prudential is fully refundable should you choose to leave Camrose Energy.
Electricity and Natural Gas retailers in Alberta are required to pay a prudential charge to guarantee payment to the generators for the cost of energy a consumer uses and the distribution utilities for delivery charges.
HOW MUCH IS THE PRUDENTIAL?
The amount of the prudential on electricity is dependent on your household consumption, with the average residential prudential falling between $200-300.
GUARANTEED RATES
RESIDENTIAL RATES
1 YEAR BASE RATE
NO PRUDENTIAL- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
1 YEAR DISCOUNT RATE
PRUDENTIAL REQUIRED- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
3 YEAR BASE RATE
NO PRUDENTIAL- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
3 YEAR DISCOUNT RATE
PRUDENTIAL REQUIRED- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
*5% interest per annum on all security prudential credited toward your monthly electricty bill.
BUSINESS RATES
3 YEAR BASE RATE
NO PRUDENTIAL- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
FARM RATES
3 YEAR BASE RATE
NO PRUDENTIAL- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
3 YEAR DISCOUNT RATE
PRUDENTIAL REQUIRED- Easy Signup
- Paperless Billing
- No Contracts
- No Hidden Fees
FLEXIBILITY TO MEET YOUR NEEDS
At Camrose Energy, it’s all about finding what works best for you and your household, hassle-free. No pressure, no contracts, and definitely no sneaky fees lurking in the shadows. Plus, there’s absolutely no penalty if you decide to switch between our rates – because life is all about flexibility, right?
And here’s the cherry on top: for new customers, our monthly electricity Administration Fee is just $7.25. Need to make a change? No problem! With just 10 days’ notice, you can switch between our rates whenever it suits you. Because at Camrose Energy, we’re all about making things easy and straightforward for you.
Market Volatility
Have you noticed the wild rollercoaster ride the Electricity Market’s been on lately? We’ve seen prices the highest they’ve been since market deregulation, with a range of factors at play – from the shift away from coal to the rise of natural gas, an increased carbon levy and the removal of Power Purchase Agreements.
But fear not! We’ve got your back through this electrifying journey. With our multi-year guaranteed rates, you can ride out the storm with ease, enjoying stable prices and peace of mind for your household. Think of it like having a trusty compass in the midst of a turbulent sea – we’ll keep you sailing smoothly through whatever twists and turns lie ahead.
