Increase To Electricity Rates Expected In February
LETHBRIDGE - Electricity bills are expected to start going up next month.
That's because the transmission component, which is collected by the City of
Lethbridge to pay for provincial costs, is set to go up by 31 per cent.
Meantime, the distribution components, which are controlled by the city, are
recommended to go down slightly.
Overall, the larger the customer, the greater the impact will be. The average
residential customer would see about a 4.4 per cent increase to their total
bill, while large industrial customers would see closer to a 6 or 6.5 per cent
The Distribution Tariff Bylaw will go for second and third reading at City
Council next Monday, with the new rates to take effect on February 1st.
Posted on Monday, January 13, 2014 at 3/8/2014 5:42:17 PM
Source: Tristan Tuckett - Country 95 News