A Backstory That Piles Up
2015 - 2019
Alberta Provincial Government caps electric prices and legislates sudden departure from coal generation plants before alternative generation methods can be comfortably funded.
2023 - 2024
Electric bills in Alberta increase to a historic high of 32 cents/kWh. With no end in sight to the market volatility the Provincial Government steps in with NEW legislation.
2015 - 2022
Oil prices, inflation, carbon tax and supply shortages during covid increase the cost of doing business.
Mass Exodus Of Customers
NEW Legislation
Press
Conference
Alberta's energy minister and premier have labelled the utility/RRO as VOLATILE asking every Albertan to leave and find a competitive retailer. 2023 was a meaningful year for our team because we helped lots of families and businesses save money by leaving the RRO leading the way in the largest net reduction since 2012. This mass exodus from the utility is not over. The Alberta government agrees that NO ONE should buy their energy from the Utility or Regulated Rate Option and to make that abundantly clear NEW legislation will be implemented on Jan 1, 2025.
Name
Change
First, there will be a change of name to drive the message home. The Utility companies Epcor, Enmax, Direct Energy Regulated Services, Atco Electric, Fortis and Lethbridge Power will no longer be called the Regulated Rate Option. Instead, their name will be the RATE OF LAST RESORT. This should be clear messaging that NO ONE in Alberta should be buying their energy from these companies.
Reduce
Volatility
Second, the legislation is not only focused on the title but also on how the rate is structured. This new rate will be set every 2 years for each Utility instead of every month. This way, utilities will be able to buy electricity from the wholesale electricity market for the Rate of Last Resort, which will extend the procurement period from three months to two years. The idea is to make the Utility more predictable for individuals that have to stay on it.
Your Last
Option
Within 90 days of providing services, ROLR will be required to call and confirm with their customers whether they’re choosing to sign a competitive rate contract or stay on the ROLR.
Providers will be required to share information with their customers on how to access a competitive retailer to find better rates.
Who is
Alberta's most experienced retail energy consultants
Local Independent Business Owners who care about customer service and satisfaction
We are knowledgeable and focus on long term value for your family
Satisfied Customers
“My old energy retailer signed me up for service and I never heard from them again. Dealing with THE TEAM is a totally different experience, they stay in touch and keep me informed.”
Carly Halou Chi
Edmonton, AB
Satisfied Customers
“I was shopping around and looking at different energy plans. After speaking with consultants from THE TEAM, they helped me find the best long term savings. Saving money for one month can be appealing until you realize you will be spending more over the next 3 years. I'm glad I asked for advice.
Matthew Ulrich
Calgary, AB
Satisfied Customers
“It's refreshing dealing with somebody that lives in the same city you. I'm happy knowing when I pay my energy bill the commission goes to someone in my community. I love shopping locally.”
Chris Parks
Fort McMurray, AB
Satisfied Customers
“I like to spend my money with companies that are giving back to the community. THE TEAM helped me find an energy retailer that works with Food Banks Canada. It's rewarding knowing that when I pay my energy bill it supports the Food Bank.”
Robert Langdon
Lethbridge, AB
Satisfied Customers
“Although THE TEAM couldn't help me save money, they did find a retailer that offers a loyalty rewards program for their customers. At the end of the year my gift cards added up to hundreds of dollars in value!”
Lynn McCartney
Edmonton, AB
© 2035 by THE TEAM™