Smart 50 Awards, in partnership with Smart Cities Connect, Smart Cities Connect Foundation and US Ignite, has recognized Alectra Utilities’ Advantage Power Pricing program – an innovative electricity pricing plan pilot — as among the most transformative and influential smart cities projects in the world.
The Advantage Power Pricing pilot, approved and funded by the Ontario Energy Board, was recognized in the Smart 50 Awards Community Engagement category. Currently, 8,000 Alectra customers participating in the pilot project are benefitting from greater choice in rate plans, more real-time information, and more control in managing their energy costs. To date, more than half of the participants report they have realized bill savings, and about 80 per cent say they have achieved bill savings in at least one billing cycle. Learnings from the pilot could be used to inform decisions by the Ontario Energy Board on future electricity pricing plans.