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.
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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 May 26, 2020
$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.