Understanding Electricity Rates

Guaranteed, regulated, variable…utility jargon can be confusing. There are a variety of rate options available in Alberta's electricity market, and it's important to understand the details and benefits of each to truly find a rate this right for you. Scroll down to read more on what each rate type means.

Already know what you want? Click here to start building your energy plan now. Still not sure? No problem, our friendly Customer Care team would be happy to help you. Give us a call at (403) 450-3458.

Variable Rate

The variable rate is directly indexed to the cost of power sold into the Alberta grid by Alberta generators. The cost of power changes hourly and is averaged for the month.
The variable (floating) rate is calculated as the cost of energy plus a transaction fee. At SPOTpower, our transaction fee is 0.67 cents per kWh.
SPOTpower Variable Rate
Market price + 0.67 ¢/kWh transaction fee
13 Month Average
(Price includes transaction fee)
5.75¢/kWh
*Calculated as of August 31, 2026
30 Day Moving Average
(Price includes transaction fee)
6.44¢/kWh
*Calculated as of August 31, 2026
Historical Pricing
(Price includes transaction fee)
*The Rate of Last Resort was launched on January 1, 2025.

Administration Fees

$8.85 per metered site.
(monthly fixed rate)
Customers who consume over 2950 kWh per month will be charged an additional $0.002/kWh.

Prudential

*What is a Prudential? Electricity and Natural Gas retailers in Alberta are required to pay a Prudential charge to guarantee payment to the generators for the cost of energy a consumer consumes and to the distribution utilities for delivery charges. Your investment in our prudential account allows us to keep our rates lower and continue to save you money on your electricity bill. The 5% interest per annum is credited to your monthly SPOTpower bill and the Prudential is fully refundable should you choose to leave SPOTpower.
Low Consumption
(Apartment or Condo):
Minimum Prudential of $100 is required.
Typical Consumption
(House):
Minimum Prudential of $200 is required.
High Consumption
(Business):
$ Two months of invoices

View Terms and Conditions

More about buying electricity

Regulated vs Deregulated Charges

Did you know that some of the charges you see on your utility bills are regulated by the provincial government while others are deregulated?

Regulated charges are beyond the control of Community Energy Marketers, such as SPOTpower, and will be the same regardless of your electricity provider.

Market participants like SPOTpower have control over the deregulated charges. That's where we can often save you money compared to other retailers.

SAMPLE ELECTRICITY BILL BREAKDOWN
  • Delivery Charges
  • Local Access Fee
  • GST
  • Balancing Pool
    Allocation
  • Energy Charge
  • Admin Charge

ROLR: The Default Option for Many Albertans

If you haven't shopped around for the best price for your electricity, you most likely have the default Rate of Last Resort (ROLR). The ROLR is approved by the Alberta Utilities Commission (AUC) and is a 2-year fixed price. Many Alberta consumers receive electricity through ROLR providers such as ENMAX, EPCOR, or Direct Energy. With the ROLR, you cannot be refused energy for reasons such as poor credit, but the ROLR is not necessarily your cheapest option for electricity.

SPOTpower can save you money on energy and administration charges

Guaranteed (Price Protected) Rate Plans

Do you want certainty about your electric bill for monthly budgeting?
Sign-up for a price per kilowatt-hour (kWh) that's guaranteed throughout the term of your agreement (a maximum of five years in Alberta).
Protect your price from volatility in Alberta's electricity market as the province goes through a transition to a cleaner electricity grid. Remember, it's free to switch your rate at any time.

Build Your Plan

Variable (Floating) Rate Plans

Are you ok if your monthly bill fluctuates?
You will be charged the ever-changing wholesale price plus a 0.67 cents/kWh transaction fee.
You'll pay market price, which means you benefit from price drops, but you have to be prepared to weather price spikes. Remember, it's free to switch to one of our fixed price protection rates at any time.

Build Your Plan

Find a rate right for you

There's competition for your business. You have a choice. SPOTpower customers can save significantly on their monthly bills when they switch over. It's because of our lower rates and transaction fees. Explore our rates to find the one that is right for you.

Need help choosing? Call our friendly Customer Care Team at (403) 450-3458.

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