The Alberta government has
released the long-awaited
Retail Market Review Committee report. In conjunction
with the release of the report, the government has announced
a number of measures aimed at stabilizing and controlling prices in
the retail sector, primarily as it relates to the Regulated Rate
Option (RRO).
The 397 page report was delivered to the government last
September.
The government rejected six recommendations of the committee
related to ending the RRO and requiring all retail consumers to
sign fixed rate contracts. The government noted that 65%
of Alberta retail consumers have, to this point, chosen to
stay on the RRO. In order to further stabilize prices, the
government will allow RRO providers to purchase electricity up to
120 days in advance, instead of the current 45 days.
