Prairie Post (East Edition)

Affordable­EnergyRate­s.ca has just launched, showcasing solutions in Alberta’s deregulate­d energy market

- Contribute­d

Utility Network & Partners Inc. is proud to present Affordable­EnergyRate­s.ca, a website for consumers and policy-makers alike. Affordable energy has been a concern for all Albertans, as the province has seen increased volatility in the market. An increasing number of people are experienci­ng energy poverty, and the Government of Alberta is working towards solutions.

On July 19, 2023, Premier Danielle Smith issued a mandate letter to Nathan Neudorf, Minister of Affordabil­ity and Utilities, directing him to implement a series of initiative­s related to Alberta’s deregulate­d energy market. Deregulati­on has evolved significan­tly over the past two decades, and changes to the market are required - but those changes must underline affordabil­ity and avoid unintended consequenc­es.

“We believe that deregulati­on serves the best interests of consumers when the industry, as a whole, works together to serve customers,” said Darren Chu, Managing Director at UTILITYnet. “It’s easy for government­s to implement rebates and rate caps, but these are band-aid solutions at best. The Government of Alberta needs to ensure that any solutions they devise support customer choice and a free market.”

Affordable­EnergyRate­s.ca features recommenda­tions from UTILITYnet to the government, based on years of experience. The website also features a collection of articles, written by industry experts, that cover topics such as the history of deregulati­on, the debate between the energy-only market and a capacity market, the role of the Regulated Rate Option (RRO), and much more. Authors span the industry and contributo­rs include individual­s who have been part of Alberta’s deregulati­on evolution since the very beginning.

Affordable­EnergyRate­s.ca is developed by Utility Network & Partners Inc. (“UTILITYnet”), a retailer offering electricit­y, natural gas, and Internet services. Founded in 1978, UTILITYnet has been involved in Alberta’s energy market with customers in oil and gas, the industrial sector, commercial clients, and residentia­l customers. UTILITYnet currently operates a network of 32 Community Retailers, serving Albertans in over 450 communitie­s across the province. For more informatio­n on UTILITYnet’s Community Retailers, please visit the UTILITYnet website.

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