Alberta
What type of energy regulations does Alberta have?
- Alberta has an electricity sector that is based on market competition, with an hourly wholesale market, a competitive retail market and traditional cost-of-service regulation only in the distribution and transmission sectors.
- Throughout 2021, total primary energy production in Alberta increased a total of 3%. This is in part due to increased energy demand after the conclusion of some COVID-19 restrictions, and brought Alberta energy production levels back in-line to pre-pandemic numbers. Source: Alberta Energy Regulator
- The average household in Alberta uses 7,200 kWh per year. (This lower figure is offset by a higher usage of natural gas).
- Mechanical completion of the Trans Mountain Pipeline is anticipated to occur in the third quarter of 2023. This expansion duplicates an already existing 1,150-kilometer pipeline that stretches from Edmonton, AB to Burnaby, BC, and will approximately triple the nominal capacity of the system.
Alberta Electricity
- Alberta hit an all-time electricity usage record of 11,939 MW on January 3rd, 2022 due to a cold snap. Later that year, The AESO recorded a new all-time peak demand of 12,187 MW Dec 19th, 2022.
- The industrial sector accounts for about 75% of Alberta’s annual electricity demand, according to the Canada Energy Regulator.
- January 2023 saw the RRO reach an all-time peak, with a price of 29.467 cents/kWh from EPCOR in Edmonton and 29.112 cents/kWh from ENMAX in Calgary.
- In 2017, Alberta’s electricity sector accounted for 60% of total Canadian greenhouse gas emissions from power generation.
- Alberta government’s goal is to achieve at least 30% renewable electricity by 2030.
- Bill 86 passed a second reading in the Legislative Assembly of Alberta in November 2021. This will allow an unlimited amount of self-supplied electricity generating and storing.
Alberta Natural Gas
- In Alberta, the average household uses 110 GJ of natural gas per year, comprising about 77% of total energy consumption (including electricity, natural gas, wood, and wood pellets).
- Natural gas was the largest fuel type consumed in AB, accounting for 212,500,000 gigajoules, which equals to 56% of consumption in 2017. Electricity accounts for 7%.
- The AB government wants to phase out coal generation by 2030 mostly by replacing the facilities with natural gas power plants.
Alberta Sustainable Energy
- Currently, there is 2,450 MW of wind capacity and 1,210 MW of solar capacity under construction in AB. Source: Alberta Energy Regulator.
- Wind energy has an estimated potential of 150 GW, enough to satisfy Alberta’s demand for energy.
- Alberta has the second highest potential of the provinces as a solar producer, in terms of energy generating ability per KW of installed capacity.
- The Canadian Mainline is over 14,000 kilometers long & transports gas from NGTL System near Empress, Alberta to Canadian & U.S. markets east of Alberta.
- TC Energy is offering a $200 million expansion of its Canadian Mainline. This will add 0.5 Bcf/d of capacity to Ontario and Quebec markets.
Ontario
What type of energy regulations does Ontario have?
- Ontario is one of the only jurisdictions that have competitive generation and retail markets for electricity.
Ontario Electricity:
- According to the IESO, the hourly demand peak of electricity was reached on August 24th, 2021, at a total of 22,986 MW.
- Ontario hit its peak cost of electricity on Nov 20th, 2020. The on-peak cost was 21.7 cents/kWh and the mid-peak cost was 15.0 cents/kWh.
- According to the Independent Electricity System Operator (IESO), Ontario hit an all-time electricity demand peak of 27,005 MW on August 1st, 2006, due to a heatwave.
- Ontario’s electricity markets have over 390 registered participants. There are more than 3,000 registered members to Ontario’s regional electricity networks. Source: IESO
- The globally adjusted cost of electricity in Ontario was found to be $10.2 cents/kWh average in 2021. Source: IESO
- In 2019, Ontario generated 153.0 terawatt-hours (TWh) of electricity, which was 24% of total electricity generation in Canada. Source: CER
- Ontario is the second largest producer of electricity in Canada and has an estimated generating capacity of 40,200 megawatts (MW). Source: CER
- Ontario is the leading producer of Nuclear energy in Canada, with three Nuclear plants with a combined 12, 633 of installed capacity. Source: CER
- In 2015, the Ontario government committed to a $26 billion, 15-year program to refurbish 10 of the provinces Nuclear generation units. This program is one of the largest non-emitting energy projects in North America. Source: CER
- According to the IESO, total electricity use in Ontario increased by 1.2 per cent in 2021 to 133.8 TWh, showing strong recovery since the pandemic.
- In 2019, about 92% of electricity in Ontario was produced from zero-carbon sources: 59% from nuclear, 24% from hydroelectricity, 8% from wind, and 1% from solar. The remainder is primarily from natural gas (8%) and some biomass (under 1%). Source: IESO
Ontario Natural Gas:
- Throughout 2020, Ontario natural gas production averaged 6.9 million cubic feet per day. Source: CER
- At the end of 2019, Ontario’s reserves of “recoverable, sales-quality natural gas” were estimated to be 665 billion cubic feet (Bcf).
- Some operators returned to more normal production following temporary production slowdowns in December and January.
- According to the Canada Energy Regulator, following slowdowns due to colder-than-average temperatures, some operators may have also increased output to take advantage of the rise in industrial prices spurred by political unrest in Eastern Europe.
Ontario Sustainable Energy
- Ontario has over 200 hydroelectricity generation facilities with a total capacity of 9,160 MW.
- Ontario leads Canada in wind capacity. As of 2021, Ontario has wind capacity of 5,536 MW.
- Ontario has the vast majority of Canada’s Solar electricity generation, with 2,819 MW of electricity generation.
Ontario Emissions:
- Ontario’s GHG emissions in 2020 were 149.6 mega-tonnes (MT) of carbon dioxide equivalent (CO2e). Ontario’s emissions have declined 17% since 1990 and 27% since 2005.
- Ontario was the third lowest emitter of GHG per capita throughout Canada in 2020, at only 10.1 tonnes of CO2e– 43% below the Canadian average of 17.7 tonnes per capita.
- Ontario’s largest emitting sectors were transportation at 32% of emissions, buildings (residential and commercial) at 25%, and industries and manufacturing (including iron, steel, and chemicals) at 23%, in 2020.
British Columbia
What type of energy regulations does BC have?
- The British Columbia provincial government regulates the supply of utilities like electricity and natural gas, sets energy the prices that homeowners and businesses in province pay, and oversees revenue requirement, rates, and new projects.
- In B.C., the province itself is the owner of its dominant electricity company, BC Hydro.
B.C. Electricity
- In 2019, B.C. generated 64.3 terawatt-hours (TWh) of electricity, which is approximately 10% of total Canadian generation. British Columbia is the fourth largest producer of electricity in Canada with a generating capacity of 18,250 megawatts (estimated in 2019). Source: Canada Energy Regulator
- The vast majority of B.C.’s electricity is hydroelectric, with an estimated 16,000 MW of hydroelectric capacity (in 2019), comprising of approximately 87% of their total electricity production. Source: Canada Energy Regulator
- The majority of BC’s electricity production is located on the Columbia River in southeastern B.C. and the Peace River in the northeast. Source: Canada Energy Regulator
- Site C, a new hydroelectric facility, is set to begin operation on the Peace River in 2025, adding 1,100MW of power. Source: Canada Energy Regulator
- Like many other provinces, BC has been hitting peak electricity demands over the last few years. On Dec 20th of 2022, the province reached a peak energy use of over 10,800 megawatts between 5 and 6 pm, due to extreme cold. The previous peak happened the previous year on December 27th, 2021, when demand reached 10,762 megawatts.
- Almost 90% of British Columbia’s electricity generation comes from hydroelectricity.
- In 2019, B.C. ranked seventh in Canada for per capita electricity consumption and consumed 21% less than the national average, and their consumption per capita that year was 11.8 megawatt-hours (MWh).
- B.C.’s largest consuming sector for electricity in 2019 was industrial, at 25.7 terawatt-hours (TWh). The residential and commercial sectors consumed 19 TWh and 15.1 TWh, respectively. Source: Canada Energy Regulator
- On an annual basis, B.C. is typically a net exporter of electricity. B.C. often has a positive trade revenue balance, even in years when it imports more electricity than it exports, because of its ability to buy electricity from the U.S. when prices are lower and sell to the U.S. when prices are higher. Source: Canada Energy Regulator
B.C. Natural gas:
- Several pipelines transport natural gas produced in B.C. in the province, including Enbridge’s Westcoast Pipeline (also referred to as the Enbridge BC Pipeline) and pipelines operated by FortisBC and Pacific Northern Gas (PNG). FortisBC and PNG are regulated by the British Columbia Utilities Commission (BCUC).
- In 2020, natural gas production in B.C. averaged 5.38 billion cubic feet per day (Bcf/d), accounting for 35% of total Canadian natural gas production.
B.C. Sustainable Energy
- Wind sources approximately made up for 4% of B.C.’s electricity generation capacity as of 2019.
- With approximately 743 MW of installed wind capacity in 2021, B.C. ranks fourth in Canada. Source: Canadian Renewable Energy Association
- Its solar generation is significantly lesser than provinces like Ontario and Alberta, with only 31 MW of solar generation for the entire province throughout 2021. Source: Canadian Renewable Energy Association
- With all sources considered, approximately 91% of BC’s energy production is sustainably sourced. Source: Canadian Renewable Energy Association
Quebec
What type of energy regulations does Quebec have?
- Quebec has a regulated electricity market, however, natural gas consumers can choose to get their natural gas supply from the local distributor or from a competitive natural gas provider.
- In Quebec, the province itself is the owner of Hydro-Quebec, the main electricity generator, distributor, and provider in the province.
Quebec Electricity
- According to the Canada Energy Regulator (CER), Quebec is the largest producer of electricity in Canada. In 2019, Quebec had an electricity generating capacity of 46,380 megawatts (MW).
- In 2019, Quebec generated 212.9 terawatt-hours (TWh) of electricity, which is about one third of total Canadian generation.
- With over 40,850 MW of installed hydroelectric capacity, hydropower generates 94% of Quebec’s electricity.
- Quebec also trades with electricity markets in the U.S. Northeast, primarily New England and New York. In 2019, Quebec was the largest exporter of electricity to the U.S. of all Canadian provinces, with gross exports totalling 25.9 TWh.
- According to the Canada Energy Regulator, Quebec consumes the most electricity per capita in Canada, using around 60% more than the national average at the time of collection of this data (2019; reviewed in 2023). This may be in part to how many industries that rely on cheap electricity are located in Quebec, and how residents of Quebec rely on electricity, like how it’s common to use electricity to heat homes in this province.
- Quebec’s largest consuming sector for electricity in 2019 was industrial at 93 TWh. The residential and commercial sectors consumed 71 TWh and 40 TWh, respectively.
Quebec Natural Gas
- There is no natural gas production or field production of NGLs in Quebec. Source: CER
- Historically, Quebec was a consumer of western Canadian natural gas. More recently, growing gas production in the U.S., reversal of export points in Ontario, and additional interconnects between Ontario and Quebec have enabled higher deliveries of U.S. gas into Quebec. Source: Government of Quebec
- Quebec has developed several Renewable Natural Gas projects come online since 2018, with several beginning to produce Renewable Natural Gas this year. Source: Government of Quebec
Quebec Emissions
- Quebec’s emissions per capita are the lowest in Canada at 8.9 tonnes CO2e – 50% below the Canadian average of 17.7 tonnes per capita.
Saskatchewan
What type of energy regulations does Saskatchewan have?
- The province of Saskatchewan, the province itself is the owner of its dominant electricity company, SaskPower.
Saskatchewan Electricity
- Saskatchewan generated 24.2 TWh of total electricity throughout 2019. Of this electricity generation, 41% of it comes from coal & coke, 40% of it is natural gas, 15% is hydro, 3% of it is wind, and the last 1% comes from biomass and petroleum sources. Source: Canada Energy Regulator (CER)
- Saskatchewan has an estimated generating capacity of 4,560 as of 2019. Source: CER
- This means that just over 19% of the province’s electricity generation comes from sustainable sources. Source: CER
- End-use demand in Saskatchewan was 686 petajoules (PJ) in 2019. The largest sector for energy demand was industrial at 58% of total demand, followed by transportation at 22%, commercial at 12%, and residential at 8%. Source: CER
- Independent power producers account for approximately 18% of generation capacity and sell bulk power from gas, wind, and waste heat to SaskPower through power purchase agreements. Source: CER
- Saskatchewan’s total energy demand was the sixth largest in Canada but is the second largest on a per capita basis. Source: CER
- Saskatchewan ranked second in Canada for per capita electricity consumption and consumed 35% more than the national average. Source: CER
- “In February 2022, SaskPower filed a two-year rate application, which proposes average rate increases of 4% effective September 1, 2022, and 4% effective April 1, 2023. The reasons for these increases of average rates are projected loss of net income for the province’s energy provider SaskPower, to the tune of 105 Million in 2022/2023, as a result of increases of fuel and purchased power.” Source: SaskPower’s 2022/2023 Financial Update
Saskatchewan Natural Gas
- Saskatchewan is consistently the third highest producer of natural gas. In 2021, Saskatchewan produced 143. 4 billion cubic feet. Source: Government of Saskatchewan
Saskatchewan Emissions
- Saskatchewan is the highest emitting province per capita, as aspects pertaining to Saskatchewan’s economy including O&G production, agriculture, and electricity generation that is primarily coal & coke driven. Source: CER
- Saskatchewan’s GHG emissions in 2020 were 65.9 Metric Tons of carbon dioxide equivalent (CO2e). Source: CER
- In 2020, Saskatchewan’s emissions have increased 46% since 1990 and declined 8% since 2005. Source: CER
Saskatchewan Nuclear
- Saskatchewan is the world’s leading supplier of Uranium.
- 90% of all of Uranium sourced in Saskatchewan is exported.
*Source: Government of Saskatchewan
Manitoba
What type of energy regulations does Manitoba have?
- The province of Manitoba owns its dominant electricity company, Manitoba Hydro.
- The Manitoba energy market is regulated by the province to provide “non-discriminatory service on a cost-of-service basis”. Source: Practical Law Canada
Manitoba Electricity
- In 2019, Manitoba’s total demand for electricity was 345 petajoules. This number breaks down by sector with most of the share going to both Industrial and Transportation at 32% each, 19% for Commercial uses, and 17% used in residential buildings and properties. Source: CER
- In 2019, Manitoba generated 33.9 terawatt-hours (TWh) of electricity, which is approximately 5% of total Canadian generation. 97% of 2019’s electricity production was Hydro. Source: CER
- In 2019, Manitoba has an estimated generating capacity of 6,100 megawatts (MW). More commercial unit projects have been worked on since, including the Keeyask generating station, which is set to be completed in 2023 or 2024. Source: CER
- Imports of electricity from the United States rose 38.6% to 1.6 million MWh, largely due to a 144.8% increase in purchases by Manitoba. Manitoba continued to rely on imported electricity because of the lingering impact of the 2021 drought on Manitoba’s electricity generation. Source: Statistics Canada
- Effective January 1, 2022, electricity rates increased on average 3.6%. Rate increases differ by customer class to better reflect the average cost to serve each class. Source: Statistics Canada
Manitoba Natural Gas
- Manitoba has no natural Gas production facilities.
Manitoba Emissions
- According to the Climate Change Connection, in 2020, Manitoba’s total emissions were 21,674 kt CO2 eq
Canada-wide Stats
- In 2019, Canada was 6th in world production of energy, with 27,044 TWh produced. In that year, Canada ranked third in World export of energy, exporting 724 TWh of electricity. Source: Natural Resources Canada (NRCan)
- Energy is a cornerstone to Canada’s economy, comprising of 10% of the nation’s GDP, as well as being a major generator of jobs.
- Alberta’s Energy Sector directly contributes the most among the provinces to the nominal GDP of Canada. In 2020, Alberta provided 59,569 Million to Canada’s nominal GDP in the energy.
- The production and use of energy accounts for 80% of Canada’s emissions. These emissions break down fuel combustion in energy industries (including oil and gas extraction, electricity and heat generation, and refining) representing 26% of these emissions, transportation another 26%, buildings 13%, manufacturing industries 9%, and fugitive emissions 7% of overall emissions.
- Over 83% of Canada’s electricity system is non-emitting, with a strong emphasis on hydropower, Canada’s electricity system is among the cleanest in the world. Source: International Energy Association
- In 2019, Canada produced 632.2 terawatt hours of electricity in 2019. Source: CER
- More than half of the electricity in Canada (60%) is generated from hydro sources, with provinces like Quebec. Source: CER
- The remainder is produced from a variety of sources, including non-emitting sources like wind and solar, and other sources such as natural gas, nuclear, coal, biomass, and petroleum. Source: CER
- In 2020, Canada was the sixth largest natural gas producer in the world, with average production 15.5 billion cubic feet per day (Bcf/d). B.C. and Alberta accounted for the vast majority of this natural gas production. Source: CER
- Canada is very resource rich as a nation: we have 7% of the world’s renewable water reserves, providing an excellent source of hydroelectricity and hydration; we have the fourth largest oil reserves, third largest uranium reserves. Source: NRCan
- In 2021, there were 305 energy projects either announced, under review, or approved, worth a total $449 Billion, and 97 energy projects under construction worth $139 Billion.
- Oil and gas sector projects accounted for the largest portion of project value ($336 billion), while there were more electricity projects overall (154). Additionally, there were 168 clean technology projects valued at $92.1 Billion.
General Canadian Electricity Stats
- All of Canada’s electricity exports are with the US. In 2020, Canada exported over 67.2 TWh of electricity to the states.
- Most recent reports on electricity generated in Canada states that in July of 2022, 51.7 million megawatt-hours of electricity were produced. Source: Statistics Canada
- Of a total demand of 12,294 Petajoules in 2019, the end-use of this energy demand breaks down like this by sector.
- 52% went to Industrial sector, 23% went to Transportation, 13% Residential and 12% towards the Commercial sector.
- Electricity consumption across Canada edged up 0.5% to 45.2 million MWh, as demand rose in Ontario (+2.8%) and Alberta (+3.2%). The overall increase was tempered by a 13.0% drop in demand from British Columbia. Source: Statistics Canada
- In 2019, Canada produced 632.2 terawatt-hours (TWh) of electricity.
- More than half of the electricity in Canada (60%) is generated from hydro sources. The remainder is produced from a variety of sources, including natural gas, nuclear, wind, coal, biomass, solar, and petroleum. In 2020, Canada had the fourth largest installed capacity of hydropower in the world.
- Electricity regulation in Canada is mostly decided upon by the provinces, and so varies between the provinces and territories. Laws and policy relating to electricity generation, intra-provincial transmission of electricity, and distribution are the jurisdiction of the province, while other aspects, like nuclear generation, exporting electricity and other situations involving the international transmission or sale of electricity are overseen by the Federal government.
- Either publicly or privately owned utilities, or a mix of the two in the case of Alberta and Ontario, generate and distribute most of the electricity in Canada.
- Deregulated wholesale electricity markets exist only in Alberta and Ontario.
- B.C., Manitoba, Quebec, Newfoundland and Labrador, and Yukon typically generate over 80% of their electricity from hydroelectricity.
- Ontario, New Brunswick, and NWT rely on various combinations of nuclear, hydro, wind, biomass, coal, natural gas, and petroleum–although not all provinces or territories use all of them.
- Alberta, Saskatchewan, Nova Scotia, and Nunavut generate most of their electricity from fossil fuels such as coal, natural gas, or petroleum.
- Generation from wind farms and solar photovoltaic panels grew from a negligible amount in 2005 to approximately 5% of total electricity generation in 2019.
- In 2019, Canada’s wind power capacity was roughly 13.2 gigawatts (GW). Most of the wind facilities in Canada are in Ontario, Quebec, and Alberta.
- Canada is a world leader in uranium production, accounting for 13% of global production in 2019, despite seeing decreases in production (this number is down from 22% in 2017).
- Canada produced 8,165 tonnes of uranium in 2019. Approximately 85% of Canadian production is exported, with the remaining 15% used to fuel reactors in Ontario and New Brunswick.
Canada GHG Emissions
- Canada’s GHG emissions from power generation declined 52% between 2005 and 2020.
- Most of this reduction came from Ontario’s phase-out of coal-fired generation.
- Between 2005 and 2020, Ontario’s GHG emissions from electricity declined from 33.9 MT CO2e to 3.2 MT.
- Saskatchewan and Alberta are the provinces with the highest emissions from power generation.
- In 2020, Alberta generated 52% of Canada’s total GHG emissions from power generation and Saskatchewan accounted for 22%. Source: CER
- About 81% of Canada’s emissions come from Energy production and use. Source: NRCan
Natural Gas in Canada
- In July, 2022, production of Natural Gas in Canada hit 643.2 million gigajoules in July, which is a height not reached since January of 2016.
- In July of this year, Exports of natural gas by pipeline to the United States rose 10.2% to 271.7 million gigajoules. This is due to the US shipping more Natural Gas to Europe in response of the Russian invasion of the Ukraine.
- Canada consumed an average of 11.4 Bcf/d of natural gas in 2020. The largest consumers of natural gas were Alberta at 6.4 Bcf/d, followed by Ontario and B.C. at 2.7 Bcf/d and 0.8 Bcf/d, respectively.
- Canada’s largest consuming sector for natural gas was the industrial sector, which consumed 8.0 Bcf/d in 2020. The residential and commercial sectors each consumed 1.7 Bcf/d.
- Heating accounts for about 70% of the average residential energy bill in Canada. During cold snaps, the average home uses 40% more natural gas and 8% more electricity for every 10°C drop below zero.
- In Ontario, regulated natural gas rates went from ¢13.2868/m³ in October 2021 to ¢27.9027/m³ for the same month in 2022. This is a 110% increase.
- Last summer in Alberta, regulated natural gas prices reached above $9/GJ in some parts of the province. The highest prices since at least 2008.
- Natural gas residential consumption averages can change about 630% from winter to summer, especially from January (19 GJ) to July (2.6 GJ).
- In the YOY comparison, Alberta regulated natural gas rates have increased from $3.965/GJ in July 2021 to $9.094/GJ for the same month of 2022. This is a 129% increase.
- In Quebec, where electricity is one of the lowest in North America, more than two out of three households use electricity to heat their homes, according to Statistics Canada.
- Home heating accounts for 2/3 of the energy used in homes, according to Natural Resources Canada (NRCan).
- In April 2022, Canadians paid 26% more in their energy bills than a year earlier, according to Statistics Canada.
- According to the Ontario Energy Board, average natural gas bills are set to rise from $64.80 to $163.83 for a typical residential user this winter, depending on the provider. Source: Statistics Canada
- Higher oil & gas demand due to the war in Eastern Europe: An increase in demand for Canadian natural gas exports has been one such factor behind the increases in natural gas, especially due to hotter-than-average summers and colder-than-average winters in Eastern Canada, the US, and Europe, as well as the war in Eastern Europe.
- The Ontario Energy Board (OEB) pointed out the growing demand for North American natural gas as the main driver of natural gas rates in the province.
- Natural gas prices remain high because of sustained global demand for North American liquefied natural gas and uncertainty in the global energy landscape. U.S. domestic demand remains strong, driven by consumption of natural gas for power generation in the U.S. due to higher-than-normal summer temperatures, and continued high global demand for U.S. liquefied natural gas.
- The Carbon Levy: The Carbon Tax is increasing over time in Alberta. Every April, the tax adds $1.049/GJ to natural gas usage. Albertans use significantly more natural gas in winter, so the effects of these carbon tax increases are usually felt some months later, during the colder seasons. This means Albertans will probably be able to clearly notice the April 2022 increase in winter 2023.
– January 1, 2020, carbon tax costs: $1.0499523/GJ.
– April 1, 2020, carbon tax costs: $1.5762711/GJ
– April, 2021, carbon tax costs: $2.1025899/GJ
– April, 2022, carbon tax costs: $2.6289087/GJ
- Canadian exports of natural gas by pipeline to the United States rose 10.2% to 271.7 million gigajoules. Due to the Russian invasion of Ukraine, the United States has been shipping higher levels of its domestic natural gas to fill demand in Europe. In turn, Canada has been exporting more natural gas to the US. Imports of natural gas from the United States were up 3.3% to 89.4 million gigajoules, according to Statistics Canada.
- Phasing out coal: Alberta is set to meet its goal to eliminate coal-fired electricity production years earlier than its 2030 target. In the short term, some increases in the cost of electricity may occur – this could be due to coal-fired power plants closing down earlier than expected or companies needing to source their energy from more expensive sources.
- Deep freezes: Heating accounts for about 70% of the average residential energy bill in Canada. During cold snaps, the average home uses 40% more natural gas and 8% more electricity for every 10°C drop below zero.
General Stats and Tips
- Poland announced steps to end all Russian imports by the end of 2022.
- Poland is expanding an LNG terminal to receive deliveries from Qatar, U.S.A & Norway.
- Germany issued a warning about natural gas levels and called on people to conserve.
- Europe is turning to investments in renewable energy for the long-term, but also looking for alternative sources of fossil fuels, including a new agreement with the U.S to receive more liquefied natural gas that arrives by ship.
- Since Putin began his military build-up in Ukraine, the price of gas the pump in America increased $0.75 and is only going up.
- In Alberta, where cold snaps are common during winter, for example, the average home uses 40% more natural gas and 8% more electricity for every 10°C drop below zero.
- Alberta’s energy prices have increased by 34% in the year-over-year comparison for November 2020-November 2021.
- Alberta hit an all-time electricity usage record of 11,939 MW on January 3rd, 2022 due to a cold snap. This is enough energy to power 1,000 houses for a year.
- Comparing energy providers and their rates: Some provinces have deregulated energy markets that allow consumers to choose their retailers. It’s always worth it checking what current rates look like and if you could be paying less with another retailer. Some provinces have more options, like Alberta, whereas others, like Ontario, may have fewer. This step may be more or less advantageous depending on where you live and the options available there.
- Take the best out of rebates: There are many grants and funding opportunities across Canada for homeowners looking for energy-efficient home improvements.
Saving tips to apply at home
- Comparing energy providers and their rates: Some provinces have deregulated energy markets that allow consumers to choose their retailers. It’s always worth it checking what current rates look like and if you could be paying less with another retailer. Some provinces have more options, like Alberta, whereas others, like Ontario, may have fewer. This step may be more or less advantageous depending on where you live and the options available there.
- Find out if it’s cheaper to heat your home with electricity or gas: Depending on where you live and the energy prices there, it may be more advantageous to heat your home using one or another.
- Check for drafts and seal any cracks around windows and doors where cold air can get in. By sealing uncontrolled air leaks, you can save 10%–20% on your heating and cooling bills.
- Set your thermostat at a lower temperature: Savings can jump to an average of 5% just by setting the temperature one degree lower in the winter.
- In Alberta, where cold snaps are common during winter, for example, the average home uses 40% more natural gas and 8% more electricity for every 10°C drop below zero.
- Layer up – instead of cranking the thermostat up, put on a few extra layers.
- Place rugs on floors and use thick curtains to reduce how cold your home feels.
- Take the best out of rebates: There are many grants and funding opportunities across Canada for homeowners looking for energy-efficient home improvements.
- End-use demand in Canada was 12,305 petajoules (PJ) in 2019.
- RPPs were the largest fuel type consumed in Canada in 2019, accounting for 4 953 PJ, or 40% of consumption.