Choosing the right power company in Alberta depends on several key factors:
Here at Peace Power Edmonton we offer the best rates for natural gas within Alberta plus you are not bound to any contract for your utilities.
In Alberta, decoding your electricity bill involves understanding several key components. The bill includes your usage charge, calculated based on the kilowatt-hours (kWh) of electricity consumed during the billing period. There’s also a daily fixed rate or service charge for the cost of delivering electricity to your home, which covers infrastructure and operational costs. Depending on your energy provider, you might have different rates for peak and off-peak consumption. You might also see line items for local access fees collected for municipalities, and rate riders for adjustments like transmission costs, and taxes. Understanding these components can help you manage your energy use, identify any discrepancies, and compare offerings from different energy retailers in Alberta’s deregulated energy market.
An energy company encompasses organizations involved in various aspects of the energy sector, including exploration, production, refining, distribution, and sale of different types of energy resources like fossil fuels and renewable energy. They have a broader scope and may operate in multiple sectors such as electricity generation, oil and gas extraction, and energy services. On the other hand, an electric company specifically focuses on the generation, transmission, and distribution of electricity. They are responsible for producing and delivering electrical power to consumers, managing power plants and infrastructure like power grids and distribution networks. Their primary focus is on meeting the electricity needs of residential, commercial, and industrial customers.
An energy retailer and an energy distributor are two distinct entities involved in the delivery of energy to end-users, such as households and businesses.
An energy retailer is a company that buys energy from the wholesale market and sells it directly to consumers. They offer various plans, including fixed-rate and variable-rate pricing options.
In contrast, an energy distributor is responsible for transporting energy from the source, such as a power plant or natural gas pipeline, to consumers. They own and operate the infrastructure, like power lines and gas pipelines, that are required to maintain the energy grid. The government regulates energy distributors to ensure that they provide reliable service and maintain safety standards.
Peace Power is an energy retailer that buys electricity and natural gas wholesale from the competitive energy market in Alberta and sells it to customers. We provide retail services such as billing, usage reconciliation, and customer service. The delivery charge rates you see on your bill are set by energy distributors, like ATCO Gas and ATCO Electric, and are regulated and approved by the Alberta Utilities Commission (AUC). Energy distributors also respond to emergencies and outages to maintain the energy grid.
Downloading and streaming are two distinct methods of accessing digital content. Downloading involves saving a copy of a file from the internet onto your device, such as a song or a movie, which can be accessed offline. Streaming, on the other hand, allows you to watch or listen to content in real time without storing it permanently on your device. Streaming services deliver content continuously as you consume it, making it convenient but requiring an active internet connection. The key difference is that downloads are stored locally while streaming relies on a constant data connection.
Once utilities are set up, electricity and natural gas usage will be measured by meters on your residence or building. A standard utility bill is divided into two parts: delivery charges and usage (or energy) charges. Electricity and natural gas need to be delivered from the generation or production site to the consumption site and maintaining this system requires time and money. The delivery charge for utilities is nothing like the one you pay the pizza delivery person; delivery charges are made up of variable and fixed components and are determined by a provincially regulated formula that is pre-approved by the Alberta Utilities Commission (AUC). Delivery charges allow distribution and transmission companies to maintain the power lines, natural gas pipelines, transformers, and other physical equipment.