For Immediate Release
Balancing Pool to Collect $190 Million from Electricity Consumers in 2018
CALGARY, ALBERTA, December 8, 2017
Under provisions of the Electric Utilities Act, each year the Balancing Pool is required to forecast its revenues and expenses and to determine whether any excess (or shortfall) funds will be allocated to electricity consumers.
Accordingly, the Balancing Pool announces that a Consumer Charge of $3.10/MWh of consumption will be collected from electricity consumers in 2018 for an annualized amount of $190 million.
The annualized amount has been calculated pursuant to the requirements of the amended Balancing Pool Regulation.
For more information contact:
President & CEO