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Regulated Electricity Rate

Alberta has replaced the Regulated Rate Option (RRO) with the Rate of Last Resort (RoLR) for electricity consumers. Unlike the RRO's monthly fluctuating rates, the RoLR offers a fixed rate set every two years, with adjustments capped at 10% per term. The intent of this change is to provide consumers with more stable and predictable electricity pricing.

Effective January 1, 2025, Battle River Power Coop's Board of Directors has approved a RoLR of 13 cents per kWh for all members (per the Rate of Last Resort Regulation), set as a fixed price for the next two years.

Members currently on the RRO will be automatically transferred to the new RoLR starting January 1, 2025.

For those interested in other alternatives, you are welcome to visit the Utilities Consumer Advocate (UCA) at www.ucahelps.alberta.ca or call 310-4822 (toll free in Alberta) to explore a range of energy retailers.

Key Points

  • Default Option: If you haven't entered into an energy contract with Battle River Power Coop, or chosen a competitive retailer, then you're automatically on the Rate of Last Resort.
  • Understanding the Rate Of Last Resort: This is a regulated fixed rate that reflects the actual cost of electricity, aimed to be fair and protect consumers from price volatility.
  • How Rates Are Set: Rates are based on the supply and demand in the electricity market, including factors like weather, which affects how much electricity people use.
  • Components of the Rate: The regulated rate includes the spot market price, costs for risk management and hedging to stabilize prices, and operation and management expenses.
  • Doesn't Include Distribution The regulated rate doesn't include distribution costs, which are billed separately. Distribution costs cover the expense of maintaining the physical infrastructure that delivers electricity to your premises.
  • Adjustment Every Two Years The regulated rate is recalculated every 2 years to reflect current market conditions, ensuring that the rate remains relevant and fair for consumers.

Competitive Retail Energy Retailers

Information on competitive retail energy providers within the Coop service area is located on Energy Retailers.