Variable Electricity Rate
The variable rate is directly indexed to the cost of power sold into the Alberta grid by Alberta generators. The cost of power changes hourly and is averaged for the month.
The variable (floating) rate is calculated as the cost of energy plus a transaction fee. At OASIS Power, our transaction fee is 0.67 cents per kWh.
OASIS Power Variable Rate
Market price + 0.67 ¢/kWh transaction fee
5-Year Variable Rate Average
5.48¢/kWh
30 Day Average
6.05¢/kWh
*Calculated as of September 3, 2019
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.