The cost of electricity is set to increase by 16% to 22% for Regulated Rate Option (RRO) customers in August. These will be the highest actual RRO prices ever charged to customers. The Alberta Government and MLAs from both political parties are advised to remind customers that they have options to manage anticipated higher electricity bills. In particular, many consumers currently struggling with paying their monthly energy bills can minimize their financial stress simply by getting off the government’s RRO.
Regulated Rate Option (RRO) Providers)
| July 2023 | August 2023 | |
| Direct Energy | 26.578 ¢/kWh | 32.425 ¢/kWh |
| EPCOR (Edmonton) | 28.024 ¢/kWh | 32.522 ¢/kWh |
| EPCOR (Outside Edmonton) | 27.820 ¢/kWh | 32.262 ¢/kWh |
| ENMAX (Calgary | 27.575 ¢/kWh | 31.858 ¢/kWh |
Camrose Energy Guaranteed Electricity Rates
| Rate | Admin Fee | Prudential | |
| 3 YEAR DISCOUNT RATE | 12.22 ¢/kWh | $7.25/Month | YES |
| 3 YEAR BASE RATE | 12.49 ¢/kWh | $7.25/Month | NO |
| 1 YEAR DISCOUNT RATE | 13.95 ¢/kWh | $7.25/Month | YES |
| 1 YEAR BASE RATE | 14.25 ¢/kWh | $7.25/Month | NO |
The planned increase in regulated rates published by the Alberta Utilities Commission is dramatic. In August, the rates will increase to an average of 32.267 cents/kWh. Compared to rates offered by small competitive retailers like Camrose Energy, consumers using roughly 750 kWh per month will pay approximately $150 extra on the RRO in August.
Camrose Energy is a local, community focused option for your electricity and natural gas needs in Camrose and the surrounding area. We are an Energy Marketer under the Service Alberta licensing of UTILITYnet and Partners.
For a list of other Energy Marketers under the UTILITYnet umbrella who are also offering competitive rates lower than the RRO, visit www.utilitynet.net/local-energy-marketers.html.
