Alberta bill will support utility providers as customers defer payments
A bill introduced in the legislature Wednesday will allow Alberta electricity and natural gas providers to apply for loans to offset some of the costs of the Utility Deferral Payment Program announced by the province in March.
Premier Jason Kenney announced the utility bill deferral program for consumers as the pandemic took hold and the province announced its COVID-19 economic relief program.
Bill 14, for providers, was introduced Wednesday by Dale McNally, associate minister of natural gas and electricity.
The province anticipates deferred payments will total close to $337 million. Up to $119 million has been approved for loans through the Balancing Pool and a further $104 million has been provided by the government. As well, about $114 million will be deferred by the Alberta Electric System Operator.