Historical electricity rates

Look at past rates to understand how they change. Use what you discover to help you decide what electricity rate is right for you.

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Historical residential rates
Historical commercial rates
More about rates

Historical residential rates

Look back at Encor’s electricity rates. Seeing past rates will give you an idea of what to expect in future. It can also help you decide what electric plan is right for you.

Month	Index Electricity Price (per kWh)	Encor's 2 Year Floating Electricity Rate (per kWh)	Encor's 2 Year Fixed Electricity Rate (per kWh)	Average RRO Rate (per kWh)
	Doesn't include the applicable administration charges.	Pay the index price plus 1¢ per kWh transaction fee (already included in the prices listed below).*		The average RRO rate for the 4 major service territories in Alberta (EPCOR, Fortis Alberta, ATCO and Enmax).
Encor 2 Year Electricity Rate
Nov 2024	Details to come	Details to come	8.97¢	10.255¢
Encor 5 Year Electricity Rate
Oct 2024	6.368¢	7.368¢	9.79¢	10.269¢
Sept 2024	5.671¢	6.671¢	9.79¢	11.165¢
Aug 2024	3.845¢	4.845¢	9.79¢	13.195¢
Jul 2024	11.693¢	12.693¢	9.79¢	11.860¢
Jun 2024	3.355¢	4.355¢	9.79¢	11.286¢
May 2024	3.679¢	4.679¢	9.89¢	10.550¢
Apr 2024	7.322¢	8.322¢	11.49¢	14.167¢
Mar 2024	7.020¢	8.020¢	11.49¢	13.186¢
Feb 2024	8.580¢	9.580¢	11.49¢	17.886¢
Jan 2024	18.007¢	19.007¢	12.19¢	19.112¢
Dec 2023	5.580¢	6.580¢	12.19¢	20.368¢

*Customers who signed up for floating power prior to April 1, 2019 are enrolled on a plan with a 1.5¢ per kWh transaction fee.

See older rates.

Your rates with the regulated rate option (RRO) are reviewed and approved by the Alberta Utilities Commission (AUC). Rates go up or down based on market conditions. Look back on the last year to see how rates and charges have changed.

	Approved RRO Market Electricity Rate (¢ per kWh)	GOA / RRO Deferral Rate (¢ per kWh)	Administration Charges ($ per day)
Dec 2024	9.118 ¢	2.886 ¢	$0.256
Nov 2024	7.276 ¢	3.232 ¢	$0.256
Oct 2024	7.249 ¢	3.580 ¢	$0.256
Sep 2024	7.695 ¢	4.003 ¢	$0.256
Aug 2024	10.064 ¢	3.526 ¢	$0.223
Jul 2024	8.759 ¢	3.317 ¢	$0.223
Jun 2024	7.832 ¢	3.778 ¢	$0.223
May 2024	6.986 ¢	3.859 ¢	$0.223
Apr 2024	10.888 ¢	3.804 ¢	$0.206
Mar 2024	9.951 ¢	3.224 ¢	$0.206
Feb 2024	15.320 ¢	2.995 ¢	$0.206
Jan 2024	17. 010 ¢	2.541 ¢	$0.206
Dec 2023	18.419 ¢	2.444 ¢	$0.206

The Government of Alberta passed legislation under the Regulated Rate Option Stability Act that implemented a temporary price ceiling of 13.5 ¢/kWh on the Regulated Rate Option (RRO) from January - March 2023.

The GOA legislation requires RRO providers (including EPCOR) to recover the actual cost of the electricity above the price ceiling and these amounts will be applied to RRO customer bills from April 2023 – December 2024. The electricity charge for those months on RRO bills will include a deferral amount and the current market rate for the billing period.

For more information about the Government of Alberta’s policies, please visit Affordability Action Plan.

Historical commercial rates

	Commercial < 50 kVA	Commercial > 50 kVA	Security Lights
Dec 2024	9.119 ¢	9.119 ¢	8.172 ¢
Nov 2024	7.276 ¢	7.276 ¢	6.151 ¢
Oct 2024	7.249 ¢	7.249 ¢	5.745 ¢
Sep 2024	7.695 ¢	7.695 ¢	5.900 ¢
Aug 2024	10.064 ¢	10.064 ¢	6.667 ¢
Jul 2024	8.759 ¢	8.759 ¢	6.182 ¢
Jun 2024	7.832 ¢	7.832 ¢	5.586 ¢
May 2024	6.986 ¢	6.986 ¢	5.609 ¢
Apr 2024	10.888 ¢	10.888 ¢	8.708 ¢
Mar 2024	9.951 ¢	9.951 ¢	8.447 ¢
Feb 2024	15.320 ¢	15.320 ¢	12.801 ¢
Jan 2024	17.011 ¢	17.011 ¢	14.460 ¢
Dec 2023	18.419 ¢	18.419 ¢	15.976 ¢

	Commercial < 50 kVA	Commercial > 50 kVA	Security Lights
Dec 2024	2.766 ¢	2.766 ¢	1.217 ¢
Nov 2024	2.864 ¢	2.864 ¢	1.340 ¢
Oct 2024	3.117 ¢	3.117 ¢	1.530 ¢
Sep 2024	3.358 ¢	3.358 ¢	1.890 ¢
Aug 2024	3.025 ¢	3.025 ¢	2.214 ¢
Jul 2024	2.883 ¢	2.883 ¢	2.559 ¢
Jun 2024	3.169 ¢	3.169 ¢	2.779 ¢
May 2024	3.165 ¢	3.165 ¢	2.175 ¢
Apr 2024	3.104 ¢	3.104 ¢	1.883 ¢
Mar 2024	2.622 ¢	2.622 ¢	1.555 ¢
Feb 2024	2.553 ¢	2.553 ¢	1.421 ¢
Jan 2024	2.247 ¢	2.247 ¢	1.234 ¢
Dec 2023	2.246 ¢	2.246 ¢	1.177 ¢

	Commercial < 50 kVA	Commercial > 50 kVA	Security Lights
Dec 2024	$0.230	$0.230	$0.170
Nov 2024	$0.230	$0.230	$0.170
Oct 2024	$0.230	$0.230	$0.170
Sep 2024	$0.230	$0.230	$0.170
Aug 2024	$0.256	$0.256	$0.190
Jul 2024	$0.256	$0.256	$0.190
Jun 2024	$0.256	$0.256	$0.190
May 2024	$0.256	$0.256	$0.190
Apr 2024	$0.256	$0.256	$0.190
Mar 2024	$0.203	$0.203	$0.193
Feb 2024	$0.203	$0.203	$0.193
Jan 2024	$0.203	$0.203	$0.193
Dec 2023	$0.203	$0.203	$0.193

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Customers are free to purchase natural gas services or electricity services from a retailer of their choice. For a list of retailers, visit ucahelps.alberta.ca or call 310-4822 (toll free in Alberta).