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How is the Regulated Rate Option determined?

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How is the Regulated Rate Option determined?

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The Regulated Rate Option (RRO), is decided under a predetermined price-setting plan that was approved by the Alberta Energy and Utilities Board (EUB) which is now called the Alberta Utilities Commission (AUC). In 2006, the RRO changed to include an annual increase in the portion of electricity that reflects current monthly market-based prices. Today, 100% of the rate reflects monthly market-based prices. This means rates may be more unpredictable month to month, due to factors such as weather, the economy, supply and demand and fuel costs.

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