Alberta NDP call on UCP to improve electricity rate protections | Calgary Herald

Alberta Utilities Commission data show rates for customers on regulated rate options are hovering between 27 and 29 cents per kilowatt hour in January.

Piling on more debt in the middle of an affordability crisis does nothing to help them in the long term,” said Ganley.

Instead, any costs over that price ceiling will be deferred until rates drop allowing consumers to pay off those increased costs over a 21-month period from April to December 2024.

On Thursday, Ganley called the solution “half-baked,” saying it was a deferral scheme.

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