Skyrocketing Electricity Costs Burden Businesses in Calgary

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Skyrocketing Electricity Costs Burden Businesses in Calgary
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ICYMI: Gondek requesting changes to electricity access fees amid skyrocketing energy costs yyc yyccc

Skyrocketing electricity costs are ‘like death by a thousand cuts’ for businesses: Calgary Chamber of Commerce CEOArticle contentBased on the RRO for the first eight months of 2023 and estimates for the rest of the year, the average cost for a homeowner in Calgary is $261 this year, compared with $140 in Lethbridge, $79 in Edmonton and $78 in Red Deer. Large commercial users will exceed $100,000 in Calgary, compared with $34,000 in Edmonton and Lethbridge and $24,000 in Red Deer.

Last year, the city collected $225.8 million in local access fees, $98 million more than budget estimates.

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