Alberta to Introduce Legislation Aiming to Stabilize Electricity Costs for Consumers

Utilities Minister Nathan Neudorf is sworn into cabinet in Edmonton, June 9, 2023. The Alberta government says it will be introducing new legislation to give consumers more electricity rate options.The Canadian Press/Jason Franson

Premier Danielle Smith says her government will be introducing legislation and new regulations to give consumers more electricity rate options.

One of the changes will be allowing default electricity rates to be set every two years, which the government says aims to provide stability to the market.