The average price of an electrical appliance in Alberta has risen to $1.6, up from $1 in 2017, according to the province’s electrical appliance regulator.
“The average price for electrical appliances in Alberta is increasing due to a significant increase in the cost of natural gas compared to last year,” said Mark MacKinnon, president and CEO of the Alberta Energy Regulator.
“It’s also important to note that the average price has decreased by 5 per cent in 2017 compared to the 2016 year, which is an improvement.”
According to a 2016 report from the Canadian Association of Petroleum Producers, the average electricity bill in B, Ontario, and Quebec was $3,904, $4,611, and $5,813 for the years 2017 to 2019, respectively.
The province’s electricity bills were the lowest in the country in 2016, according the study.
Alberta’s electricity costs rose an average 1.9 per cent between 2015 and 2016, as the cost and supply of natural resources, such as gas, oil, and coal, increased.
The price of natural-gas electricity is now lower than in B to B and B to CO2, while the price of electricity in B and CO2 is lower than the provincial average.
However, the cost to consumers is still high, as electricity rates have not kept pace with inflation.
The average electricity rate in Alberta in 2019 was $2.25 per kilowatt hour, compared to $2 per kiloWatt.
In 2019, the electricity rate increased by 0.9 cents per kilawatt hour for the average household.
“Alberta has always been a net exporter of electricity, and is now a net importer,” said MacKenzie.
“While Alberta is not a net producer of electricity per se, we are now a small net exposer of electricity to the rest of the country.”
MacKannon said that Alberta’s new electricity rate is lower compared to B to CA, which was $4.40 per kiloliter.
Alberta also has one of the lowest rates in the world, with a rate of $3.85 per kilogram.
MacKennason said that the electricity regulator will work with energy companies and other stakeholders to develop new pricing options to ensure that electricity prices remain competitive.
“In 2019, Alberta’s rate of electricity is lower and lower compared with other provinces, and the cost is going to continue to rise,” he said.