Approval given to Atco’s $1.6-billion electric transmission line from central to southern Alberta

EDMONTON – Atco Electric’s $1.6-billion transmission line through eastern Alberta  was approved Thursday by the Alberta Utilities Commission, marking a major step in the long-awaited expansion of the province’s electricity grid.

“We’re very happy, it’s been a lot of work,” said Sett Policicchio, Atco president of capital projects.

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Peace Power looking to engage local customers

Fed up with high power rates and seeing an opportunity, an enterprising local engineer has started an electricity retailing company that is fearlessly undercutting the big players in the industry.

Peace Power has been selling electricity to Grande Prairie residents for three months, and its 20 or so clients enjoy rates that are 15% cheaper than Direct Energy’s floating rate.

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Town council votes to increase electrical bills

Power bills will be going up in Okotoks in the New Year after town council voted to increase the franchise fee charged to FortisAlberta for electrical distribution in the community.

The fee is added to power bills for all residents and businesses in Okotoks, based on how much electricity is used. Town council voted last week to increase the franchise fee it charges to the company by 1.5 percentage points up to eight percent for 2013. Under provincial legislation, municipalities can set the fee as high as 20 per cent of FortisAlberta’s revenues from the community.

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Alberta power rates among highest in country; deregulated market blamed for price spikes

EDMONTON— Residents of Calgary and Edmonton still pay among the highest prices for electricity in the country, according to the annual Hydro Quebec power pricing survey.

The good news for consumers is the price, calculated on April 1, is a few cents lower than it was last year at the same time.

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Wind power will come with ‘no risk’ to City

The final agreement for the City of Medicine Hat to buy wind-generated electricity through a public-private partnership and a wind farm on city land was spelled out at Friday’s Energy Committee meeting.

It means no capital cost for the city, and the ability to meet the goal of using nine per cent renewable energy years ahead of its target date, says a city alderman who has championed the project.

Read more: http://tinyurl.com/8uxgtfj