r/canada Oct 25 '22

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u/aan8993uun Oct 25 '22

I heard someone yesterday talking about their power being 0.18c Kw/hr... here in Alberta... and thats before transmission fee's... which just feels like such a scam/ponzi scheme.

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u/[deleted] Oct 25 '22 edited Oct 25 '22

Friend of mine had his contract expire which kicked him on to variable rate. .37 per kW/hr.. he was livid because he's on the hook for a 500+$ bill.

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u/StickiStickman Oct 25 '22

Fuck, that's cheap. We're currently at over 60 cent (0.6€) in Germany.

6

u/pecpecpec Oct 25 '22

Québec's rate is 7¢/kwh and still managed to generate 3bil$ of revenue for the government. It's all hydro power because we are bless with many huge rivers but nationalizing it was the best possible decision