How to Avoid Rising Energy Admin Fees in Alberta

Starting March 1st, one of the Big Guys is raising its administrative fees for electricity and natural gas from $0.33 per day to $0.36 per day. At first glance, a three-cent daily increase may not seem significant. But over time, those daily charges add up. Before accounting for the cost of electricity or natural gas, these costly fees total almost $400 over a three-year contract!
At SPOTpower, we do things differently. Instead of charging a daily administrative fee, we offer a simple flat rate of $8.85 per month. Compared to a $0.36 per day fee, that’s roughly $75 in savings over a three-year term per commodity.
Still not convinced? Let's break it down.
- With our fixed admin fee, SPOTpower customers pay approximately $106.20 per year. In comparison, customers signed up with one of the Big Guys will now pay approximately $131.49 per year in administrative fees.
- Over three years, non-SPOTpower customers will pay $394.20, while SPOTpower customers will only pay $318.60.
- SPOTpower customers will save $2.00 per commodity per month.
If you’re looking for a way to reduce unnecessary fees and keep more of your hard-earned money, now may be the right time to explore your options. Sign up today and get our promotional rate of 8.29 cents/kWh (that’s just $62.18 for electricity on an average 750 kWh/month*)!
But that’s not all!
Unlike some providers who default customers to the Rate of Last Resort (ROLR), SPOTpower does not charge a Rider. These riders are cost recovery tools used by certain retailers and can appear as additional daily charges on your bill. To learn more about the Rate of Last Resort and how SPOTpower can help you save even more on your electricity bill, check out our previous blog post.
When you sign up for electricity, natural gas, or internet service with SPOTpower, you become a part of the bigger picture. As a locally owned and operated business, we are dedicated to giving back to the communities that fuel us. We donate 10% of the profits from your bills to deserving organizations in Alberta.
*The SPOT Promotional Rate Discount Rate of 8.29 cents/kWh is guaranteed until September 30, 2026, followed by 8.60 cents/kWh guaranteed until August 2028. The Discount Rate requires a one-time prudential payment. See website for details.