The average price for electricity in the province has been higher than in previous years, with 2023 being no exception. This price hike can be attributed to several factors, including changes in supply and demand, weather patterns, and global market fluctuations.
One major factor contributing to the high cost of electricity in Alberta is the province’s reliance on natural gas as a primary energy source. As the price of natural gas increases, so too does the cost of electricity generated by gas-fired power plants. In addition, the province has experienced some extreme weather events recently, including wildfires and floods, which have disrupted power generation and transmission infrastructure, leading to higher costs.
There are also several local and federal policy factors, such as the provincial carbon tax, which has increased the cost of fossil fuel-based energy sources. This policy aims to incentivize the transition to renewable energy sources, which are generally cheaper and more sustainable in the long run.
If your monthly power bill is eating into your budget, there are a few things you can do to lower it. One of the easiest ways to reduce your electricity consumption is to make some simple changes around your home. Visit our blog for some tips on how to lower your monthly bill.
In addition to making changes at home, you can also save money on your power bill by shopping around for a new energy provider. There are many providers out there who offer competitive rates. Take some time to compare prices and find the best deal for you. Peace Power offers some of the lowest utility rates in Alberta.
We ensure the reliability and safety of our electricity supply through regular maintenance and upgrades of our infrastructure, advanced monitoring and control systems, backup power systems, adherence to safety regulations and procedures, and communication with customers about power outages and other issues. These measures help to ensure that the electricity supply is reliable and safe for both employees and customers.
Yes, Peace Power offers natural gas services to customers in Lethbridge, but we do not offer water services. You can sign up for our natural gas service and get a lower rate on your monthly bill. Our customer service team is available to assist you with any questions or concerns about your energy needs.
Peace Power works with the city of Lethbridge so that our services meet local utility regulations. This means that we provide our customers with reliable and safe electricity and internet services at prices that are fair compared to other companies. Our customer service team is ready to help you if you have any questions about your plan or how it relates to the city’s rules.
Yes, you can get both electricity and utility services from Peace Power in Lethbridge.
Peace power is a utility provider that offers some of the most affordable internet plans available in the city. our cheapest plan is our 150 Mbps download for 15 Mbps upload plan, which costs just $74.99/month for unlimited data.
Peace power has low prices for electricity and natural gas services in Lethbridge. If you have our basic residential plan, you will only have to pay $13.99 /kWh for electricity and $5.79 per gigajoule for natural gas. This is a great deal!
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