The Liberal Low Cost Power Plan Compared to Enmax
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(1) The average Albertan household consumes 600 kWh of electricity per month.
(2) The Administration Charge is also known as the billing charge. It is placed on your bill by ENMAX to cover the costs associated with sending you a bill. This charge would be eliminated under the Alberta Liberal plan to unplug high prices. Instead ENMAX would be compensated for its services based on a fixed return on investment already built into the per kilowatt hour cost of electricity. (3) The per kWh price of electricity under the Alberta Liberal plan is $0.01985/kWh cheaper than under the ENMAX RRO. The price is less expensive because electricity will be dispatched according to the marginal cost of generation instead of being dispatched based on a ‘bid’ price. As there will be no opportunity for electricity generators to bid up the price of power, Albertans can be guaranteed the lowest possible power bill.
(4) This is a set rate to cover the cost of maintaining the distribution system that carries power to your home. It will not be affected by the Alberta Liberal Plan to Unplug High Prices.
(5) This charge is based on the amount of electricity that you consume and goes towards maintaining the system that brings power to your door. This charge will not be affected by the Alberta Liberal Plan.
(6) This is a set rate for maintaining the wires that transmit the power. It will not be affected by the Alberta Liberal Plan to Unplug High Prices.
(7) This charge is based on the amount of electricity that you consume and goes towards maintaining power lines and other components of the transmission system. This charge will not be affected by the Alberta Liberal Plan. ENMAX places this charge, also known as a rate rider, on your bill to recover the cost of electricity that they couldn’t collect while the Alberta government capped the price of electricity in 2000 and 2001. Under the Alberta Liberal Plan there will no longer be any reason to cap the price of electricity because Albertans will always be playing the lowest-cost for electricity, guaranteed. Thus, once these charges expire they will no longer appear on your bill.
(8) This is another example of a rate rider that will not be replicated under the Alberta Liberal Plan to Unplug High Prices. (9) The Local Access Fee is a charge added to your bill by your local municipality. It will also remain unchanged under the Alberta Liberal Plan.
(10) In total the average Albertan would save $25.74/month or $308.88/year. That is 33%! | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||