| ENERGY: Calgary posts regulated electricity rate for April 2007 |
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(AlbertaIndex, March 30) --- Calgary households and small businesses that have not signed up for an energy plan with a retail supplier will pay the Regulated Rate Option (RRO) of 8.34 cents per kilowatt hour (kWh) effective April 1, said energy supplier ENMAX Power Corporation. The RRO is the default option when the consumer does not make a choice for an energy plan. ENMAX said it estimates that the bill for a typical Calgary household (using 625 kWh per month) will decrease by 2.3% to $84.07.New provincial regulations introduced last July mean the RRO will fluctuate monthly rather than quarterly or yearly as it has in the past. The monthly RRO price is determined by a combination of long and short term prices in Alberta’s wholesale electricity market, in a process which is approved by the Alberta Energy and Utilities Board. This change in regulation increases the importance of consumers examining their own energy cost control choices. The owner of the local distribution system is required by legislation to provide the RRO to eligible customers (residential and small commercial customers who consume less than 250,000 kWh of electricity each year) in their service area. ENMAX Power is the local distribution company in Calgary. Anyone who has not chosen to enter into an energy plan with a retail supplier receives the RRO by default. |
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