Thousands of Albertans are getting back to work alberta.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from alberta.ca Daily Mail and Mail on Sunday newspapers.
Article content
CALGARY, Alberta, Jan. 18, 2021 (GLOBE NEWSWIRE) AltaLink has submitted a proposal to the Alberta Utilities Commission to refund an additional $350 million to Alberta electricity customers between 2021 and 2023. When combined with AltaLink’s previous rate levelization initiatives, the refund will reduce AltaLink’s portion of each Albertan’s electricity bill by an average of 11 per cent per year over the three-year timeframe.
“Beginning in 2018, AltaLink committed to find ways to freeze its rates to electricity customers for five years and we found ways to deliver more than $1 billion in savings to our customers,” said Gary Hart, President and Chief Operating Officer of AltaLink. “With this additional $350 million refund, we have moved beyond our commitment of freezing our rates to reducing them by an average of more than ten per cent per year for the next three years.”