As of January 1, 2025, Alberta’s Regulated Rate Option (RRO) transitioned to the Rate of Last Resort (RoLR), a two-year fixed rate approved by the Alberta Utilities Commission (AUC).
Here’s how the RoLR compares to competitive fixed-rate electricity plans offered by retailers:
Rate determination and approval
The RoLR fixed rate is a regulated fixed rate that is set every two years and approved by the Alberta Utilities Commission (AUC). The RoLR can only go up or down by a maximum of 10% at the end of each 2-year term. Whereas, competitive fixed rate plans are determined by individual retailers based on market conditions and business strategies, offering various term lengths and rates.
Flexibility and customization
The RoLR fixed rate is automatically applied to customers without a competitive contract and doesn’t have any customization options. With a competitive fixed rate plan, you can select different term lengths, rates and additional features like green energy options as well as benefit from incentives and promotions.
Pricing stability and term length
While both rates provide price stability, competitive fixed rate plans allow you to select a term length that fits your preferences.
Additional fees
Both the RoLR and competitive fixed-rate plans include standard delivery and administration charges. The RoLR also includes a small consumer-awareness surcharge approved by the Alberta Utilities Commission.