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Power consumers in Alberta to foot balancing pool bill

from Edmonton Sun

Your power bill will see an extra monthly charge starting Jan. 1 to help cover the costs of Alberta's balancing pool as it runs out of cash. Right now, the average residential user gets a balancing pool credit of $1.95 on their bill. If that's you, you'll see the credit flip to a charge of around 67 cents per month, or 0.1 cents per kilowatt hour. Because it's based on power use, industrial customers will pay more. For a 50-megawatt cogeneration oilsands site, for example, the charge will look more like $24,000. The extra charge will last until the end of 2020. It will be reviewed and adjusted annually. more

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