Rates

Regulated Rate Option

Lakeland REA provides the Regulated Rate Option to members. The following table provides historical information on the RRO.

Members on the Regulated Rate Option (RRO) will be protected for the months of January, February, and March 2023 by a 13.5 cent per kilowatt hour price ceiling as part of the Alberta Affordable Action Plan.

Any costs above the 13.5 cent ceiling will be defferred until April 2023 and will be repaid over 21 months (April 2023 to December 2024).

This is a temporary measure while the Government of Alberta explores longer term solutions for the RRO to help keep energy affordable for Alberta families.

RRO Charge to MembersRRO RateRRO Deferral Repayment RateReference RateMonthYear
8.9048.9044.106N/ADecember2024
7.2307.2303.838N/ANovember2024
7.4447.4444.034N/AOctober2024
8.1048.1045.485N/ASeptember2024
10.33310.3335.581N/AAugust2024
8.7468.7467.057N/AJuly2024
7.6557.6555.064N/AJune2024
7.6397.6395.815N/AMay2024
11.65611.6565.187N/AApril2024
10.82010.8203.615N/AMarch2024
16.25716.2573.813N/AFebruary2024
17.92217.9223.346N/AJanuary2024
19.98819.9882.513N/ADecember2023
18.11618.1162.807N/ANovember2023
19.18119.1814.080N/AOctober2023
28.01028.0104.035N/ASeptember2023
32.72732.7273.423N/AAugust2023
28.50128.5013.968N/AJuly2023
17.93717.9374.022N/AJune2023
15.85115.8513.864N/AMay2023
17.30217.3023.125N/AApril2023
22.25122.251N/AMarch2023
33.56433.564N/AFebruary2023
31.20131.201N/AJanuary2023
23.14423.144N/ADecember2022
18.81218.812N/ANovember2022
19.50019.500N/AOctober2022
16.48616.486N/ASeptember2022
17.58317.583N/AAugust2022
15.34015.340N/AJuly2022
12.08212.082N/AJune2022
10.87010.870N/AMay2022
11.01011.010N/AApril2022
10.86510.865N/AMarch2022
15.62115.621N/AFebruary2022
16.23616.236N/AJanuary2022
12.89812.898N/ADecember2021
10.73610.736N/ANovember2021
11.24111.241N/AOctober2021
11.21511.215N/ASeptember2021
13.14313.143N/AAugust2021
10.80110.801N/AJuly2021
7.6397.639N/AJune2021
8.2538.253N/AMay2021
9.4539.453N/AApril2021
7.9497.949N/AMarch2021
9.2639.263N/AFebruary2021
8.428.42N/AJanuary2021
7.0527.052N/ADecember2020
6.3856.385N/ANovember2020
6.8296.829N/AOctober2020
7.8187.818N/ASeptember2020
6.9596.959N/AAugust2020
6.9336.933N/AJuly2020
6.3386.338N/AJune2020
6.0046.004N/AMay2020
5.9885.988N/AApril2020
6.7946.794N/AMarch2020
8.4538.453N/AFebruary2020
8.1858.185N/AJanuary2020
7.987.988.522December2019
6.88.7768.853November2019
6.87.9767.747October2019
6.88.9678.669September2019
6.810.31910.366August2019
6.89.8839.826July2019
6.87.5697.448June2019
6.87.4477.277May2019
6.87.0727.107April2019
6.86.8776.541March2019
6.88.1387.808February2019
6.88.9918.454January2019
6.88.8518.344December2018
6.87.2267.024November2018
6.87.5797.283October2018
6.89.4878.855September2018
6.810.229.525August2018
6.89.4718.766July2018
6.86.86.375June2018
6.6746.6746.038May2018
6.89.7119.030April2018
5.62 March2018
5.85 February2018
5.69 January2018
5.29 December2017
5.30 November2017
5.42 October2017
5.518 September2017
5.48 August2017
5.53 July2017
5.515 June2017
5.50 May2017
5.50 April2017
5.51 March2017
5.590 February2017
5.650 January2017
5.690 December2016
5.730 November2016
5.710 October2016
5.750 September2016
5.890 August2016
5.910 July2016
5.150 June2016
6.850 May2016
7.570 April2016
5.480 March2016
5.500 February2016
5.810 January2016

Terms Defined:

The RRO Charge is the Board approved charge for energy, set in alignment with the RRO Price Cap. This charge ensures that the members will be charged a rate equal to the Regulated Price Cap (6.8 cents/kWh) when the Reference Rate and/or RRO Rate exceed the Price Cap.

The RRO Rate is the rate calculated using the Board approved RRO Price Setting Plan.

The Reference Rate is the average of the AUC residential regulated rate option rates plus 10 per cent.
http://www.auc.ab.ca/pages/regulated-rate-option-price-cap.aspx/