Understanding electricity rates

Guaranteed, regulated, variable ... the jargon associated with electricity rates can be confusing. There are a variety of rate options available in Alberta's electricity market today. It is important to understand the details and benefits of each to truly find a rate that is right for you. Click here to start building your energy plan now.
Still not sure? No problem, our friendly Customer Care Team will be happy to help you. Give us a call at (780) 665-9918.

Regulated vs. deregulated charges

Did you know that some of the charges you see on your utility bills are regulated by the provincial government and others are deregulated?
Regulated charges are beyond the control of Energy Marketers such as OASIS Power and will be the same regardless of your electricity provider.
Market participants like OASIS Power have control over the deregulated charges. That's where we can often save you money compared to other retailers/energy marketers.

RRO: The default option of many Albertans

If you haven’t shopped around for the best price for your electricity, you most likely have the defaulted Regulated Rate Option (RRO). The RRO is approved by the Alberta Utilities Commission (AUC) and is a variable rate that changes every month. Many of Alberta consumers receive electricity through RRO providers such as ENMAX, EPCOR, ATCO or Direct Energy. With the RRO, you cannot be refused energy for reasons such as poor credit, but the RRO is not necessarily your cheapest option for electricity.
OASIS Power Variable Rate
Market price + 0.67 ¢/kWh transaction fee
5-Year Variable Rate Average
30 Day Average
*Calculated as of June 15, 2020
Administration Fees
$6.90 per metered site.
(monthly fixed rate)
Customers who consume over 3450 kWh per month will be charged an additional $0.002 per kWh.
Prudential Requirements
The AESO (generation) and the Wires Service Providers (delivery), require Energy Marketers to post Prudentials when customers are enrolled within Alberta's deregulated market.
OASIS Power offers a Base Rate that includes normal operating margins to cover this cost.
Alternatively, consumers are given the option of a fully refundable payment contribution towards the Prudential amount to gain access to lower retail prices.
5% interest per annum is paid monthly as a credit on your invoice on all prudential amounts posted.
Low Consumption
Less than 5,000 kWh per year: Minimum Prudential of $100 is required.
Typical Consumption
Less than 25,000 kWh per year: Minimum Prudential of $200 is required.
High Consumption
More than 25,000 kWh per year: Minimum Prudential of $300 is required.