• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Park Power Logo

Park Power

Your Friendly, Local Utilities Provider

  • About
    • Why Park Power
    • How to Switch
      • How to Switch Electricity
      • How to Switch Natural Gas
      • How To Switch Your Cable Internet
      • How To Switch Your DSL Internet
    • Community Partners
    • Reviews
    • Blog
  • Compare Rates
    • Compare Electricity Rates
      • Compare Residential Electricity Rates
      • Compare Commercial Electricity Rates
      • Compare Farm Electricity Rates
      • Compare Solar Electricity Rates
      • Compare Electricity Green Power Program
    • Compare Natural Gas Rates
      • Compare Residential Natural Gas Rates
      • Compare Commercial Natural Gas Rates
      • Compare Farm Natural Gas Rates
    • Compare Internet Rates
      • Compare Cable Internet Rates
      • Compare DSL Internet Rates
    • Utility bundles
  • FAQ
  • Contact
  • Login
  • Sign Up
You are here: Home / Consumer Info / Compare The Electricity Rates of Park Power and the RRO.

Compare The Electricity Rates of Park Power and the RRO.

parkpower · 17 January 2020 · 2 Comments Consumer Info, Electricity, Interesting

In response to some customer inquiries, I would like to provide a short report and comparison of the electricity rates from Park Power and the Regulated Rate Option (RRO).

Starting in December, the provincial government subsidized rate cap on the RRO was no longer applicable to the electricity bills of Alberta power consumers. As the RRO is a market based rate, it fluctuates up and down with the Alberta wholesale electricity price, similar to Park Power’s Variable Electricity Rate. The RRO differs in that it is set at the beginning of the month and is based upon 3 month cycles of pricing while the Park Power Variable Rate is a monthly average based upon historical price performance during each month.

From the AUC website, the RRO electricity rates from 3 geographically mandated
providers in Alberta.

In the image above you can see the RRO rates for nearly the past year. When you see the (actual), that is the rate that the RRO providers would charge based upon market conditions but were forced to cap. The differential between the rate cap and the actual rate was subsidized by the Alberta government to the RRO providers.

In comparison, the below image shows the performance of Park Power’s Variable Rate for the past 6 months. The average of these 6 months (in EPCOR territory) was 6.474 cents/kWh. Lower than the capped rate of 6.8 cents/kWh.

While a variable style rate has its up and downs that customers must weather (see below for an example of some major ups), a Fixed Rate is something Park Power can offer, that an RRO provider cannot, that can protect consumers from such price volatility.

See below for an example of 24 hours of wholesale electricity pool pricing, taken from the AESO January 17, 2020 14:00hrs at the back end of a week long cold snap.

If Park Power’s Fixed Rates are compared to the recent performance of the RRO, they seem to be a great choice. Both the 3 year and the 5 year flexible Fixed Options from Park Power are lower than the RRO for December 2019 and January 2020. Plus the recent weather driven high demand and expensive pricing could drive the RRO up even further.

Park Power’s electricity rate options, January 2020.

I hope this comparison helps inform Albertans further about their choices for electricity providers. Keep in mind that switching providers does not affect the delivery of electricity to your home or business, only the price you pay for it. With Park Power you can choose an independent provider that offers low rates, awesome service, and shares is profits with local charities.

Reader Interactions

Comments

  1. zidane says

    10 July 2022 at 9:50 pm

    very clear and good article easy to understand. Thank you

    Reply
    • parkpower says

      11 July 2022 at 8:26 am

      Thanks for the feedback!

      Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Recent Posts

  • Your Guide to Alberta Electricity Bills: RRO vs ROLR
  • Understanding the Rate of Last Resort (ROLR) in Alberta
  • What happened April 5, 2024 to Alberta’s Electricity System?
  • Alberta’s Natural Gas Rebate Program
  • Government of Alberta Electricity Rebate Program

Recent Comments

  • parkpower on Cheapest Fixed Electricity & Natural Gas Rates In Alberta
  • Fran on Cheapest Fixed Electricity & Natural Gas Rates In Alberta
  • Paul on A Closer Look at Direct Energy
  • parkpower on Cheapest Fixed Electricity & Natural Gas Rates In Alberta
  • Jessica Monica Grohs on Cheapest Fixed Electricity & Natural Gas Rates In Alberta

Archives

  • January 2025
  • October 2024
  • April 2024
  • January 2023
  • July 2022
  • October 2021
  • September 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • July 2020
  • May 2020
  • April 2020
  • March 2020
  • January 2020
  • December 2019
  • November 2019
  • August 2019
  • July 2019
  • June 2019
  • March 2019
  • February 2019
  • January 2019
  • November 2018
  • October 2018
  • May 2018
  • March 2018
  • February 2018
  • December 2017
  • October 2017
  • May 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • May 2015
  • April 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013

Categories

  • Community Building
  • Consumer Info
  • Electricity
  • Interesting
  • Natural Gas
  • Solar Power
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Footer

Contact Park Power

Customer Support
780-640-2128

customercare@parkpower.ca

General Inquires

info@parkpower.ca 

Community Partnerships

community@parkpower.ca 

Park Power

#454, 314 – 222 Baseline Road Sherwood Park AB 
T8H 1S8

Social Media

  • Facebook
  • Instagram
  • LinkedIn
  • Twitter

Accreditations

Edmonton Made Logo - Accreditations for Park Power

Privacy & Legal

Park Power is an energy marketer for UtilityNET (Utility Network & Partners Inc.). Park Power operates under UtilityNET’s Electricity and Natural Gas Marketing Business License issued by Service Alberta, a Ministry of the Government of Alberta. You are free to purchase electricity and natural gas from the provider of your choice. The delivery of natural gas and electricity to you is not affected by your choice. If you change who you purchase natural gas or electricity from, you still receive natural gas and electricity via the distribution company in your service area. For a list of energy providers you may choose from, visit ucahelps.gov.ab.ca or call 310-4822 (toll-free in Alberta). Some offers, in whole or in part, may not be available in natural gas co-ops, municipally owned utilities, and some rural electrification associations. Copyright © 2025 Park Power Ltd.