by Maurina Brown
Are you a bit confused when you hear or read about “RRO prices”? Do you know if you are paying RRO prices?
At one point, I was that person! After a crash course from Denise on how to read my bill, everything was crystal clear, and very easy to understand, and I immediately changed from the RRO rate to a fixed rate. You will woo, when you have a look at the numbers below.
Let’s delve into your bill.
On Page 2 or 3, generally, there is a spot that will show your meter read dates, how many kWh you used, and energy charged.
If you are on the RRO (Regulated Rate Option or a variable rate), it might look something like this: where two different rates appear:
| Energy Charge -Dec 30-31: 23kWh@ 19.691¢ = | $4.53 |
| Energy Charge- Jan 01-Jan31: 339kWh @27.759¢ = | $94.10 |
| Administration Charge: | $7.25 |
| SUBTOTAL | $105.88 |
If you are on a Fixed or Guaranteed Rate, the per kWh charge will not change, as noted below:
| Energy Charge – Dec 30-31: 23 kWh @ 11.6¢/kWh = | $2.67 |
| Energy Charge Jan 01-Jan 31: 339.0kWh @ 11.6¢/kWh= | $39.32 |
| Administration Charge: | $7.25 |
| SUBTOTAL | $49.24 |
In this scenario, signing up for a fixed rate would have save the customer $56.64 for the billing period!
Have a look at your bill and check and see if you are on the RRO rates. If so, and you’d like to switch please give us a call (780) 781-4115 and we would lobe more than happy to help you.
