Today I had the pleasure of receiving my electricity bill. Like you, the cost of electricity has gone up very much. I happen to have signed a contract a few years ago but contracts come to an end and I don't like the options I see.
Without contracts energy is 18 cents a kilowatt. I would think that most people are on the 18 cent a kilowatt rate.
So lets go back a few years. About 30 to 35 years ago we had a politician and government that thought that utilities should be owned and run by private companies. Their belief was that with private companies could do things more efficiently and with competition, energy rates would decrease. It hasn't happened yet. In fact, rates have actually gone up.
It wasn't long before the companies approached the government to see if they could charge a separate administration fee. Of course, the government said yes. Then the companies were back to have a special billing fee. Of course, you can have a special billing fee. This went on until we have seven added charges. The extra charges are more than we pay for electricity.
So in these days of inflation the very kind government is bending over backwards to "help" us with electrical payments. Last month they gave me $75.00 to help me pay my electrical bill. This month it's only $25.00 and I don't know why it's only $25.00..Could it be that we have an election in May?
In the good old days there was some stability to electrical charges. The province produced and sold the electrical energy. People knew what the price was and could live accordingly. Yes, the government assisted consumers regularly with this system.
This system has opened the door to abuses of the system that hurt the consumer.