Variable Electricity 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.
At OASIS Power, we have a low margin of only 1 cent/kwh. This is included in OASIS Power's variable rate as shown below.
$6.90 per metered site.
(monthly fixed rate)
Customers who consume over 3450 kWh per month will be charged an additional $0.002 per kWh.
The AESO (generation) and the Wires Service Providers (delivery), require Energy Marketers to post Prudentials when customers are enrolled within Alberta's deregulated market.
OASIS Power offers a Base Rate that includes normal operating margins to cover this cost.
Alternatively, consumers are given the option of a fully refundable payment contribution towards the Prudential amount to gain access to lower retail prices.
5% interest per annum is paid monthly as a credit on your invoice on all prudential amounts posted.
Less than 5,000 kWh per year:
Minimum Prudential of $100 is required.
Less than 25,000 kWh per year:
Minimum Prudential of $200 is required.
More than 25,000 kWh per year:
Minimum Prudential of $300 is required.