(Mike Symington/CBC)Rising utility bills have community advocates worried the number of Calgarians facing this scenario will increase, and many don't know what a load limiter is. "I don't wish it on my worst enemy and I hope that it never happens again because it's very frustrating." As predicted, the floating rate rose to nearly double the best available fixed rate over the winter. It's not expected to drop close to the current best fixed rate of 7 cents/kWh for at least a year. Some contracts allow customers to switch between the floating and fixed rate once a month.

Source: CBC News March 22, 2022 06:04 UTC