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Since 2018, electricity rates in Alberta have been steadily climbing. [5] Premier Jason Kenney scrapped the Alberta electricity price cap that had regulated electricity rates in the fall 2019 provincial budget. [5] In January 2022 electricity rates reached a record high of more than above 16 cents/kWh in Edmonton and Calgary.
The price of electricity had increased in 2022, after spiking early in the year. [16] By November 2022, Direct Energy's residential monthly regulated rate option (RRO) increased to 17.597 cents/kWh from 10.483 cents in November 2021, while the Enmax RRO increased 10.66 to 18.245 cents from the same time period. [14]
Electricity rates in Charlottetown are the highest of the 12 large Canadian cities surveyed by Hydro-Québec in its annual compendium of North American electricity rates. According to the document, a residential customer using 1,000 kWh per month would pay 17.29 cents/kWh, a rate two and a half times higher than the one paid by consumers in ...
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Enmax, headquartered in Calgary, Alberta, is a private corporation and The City of Calgary is its sole shareholder.. According to their 2022 Financial Report, in 2022, ENMAX generated net earnings of $296 million and declared a dividend to The City of Calgary in the amount of $82 million. [1]
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EPCOR Utilities Inc., formerly known as Edmonton Power Corporation, is a utility company based in Edmonton, Alberta. EPCOR manages water, wastewater, natural gas, and electricity distribution systems in the Canadian provinces of Alberta, British Columbia , and Ontario , and the American states of Arizona , New Mexico , and Texas . [ 4 ]
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