The Good News about Alberta's Carbon Tax Rebate

At ATCOenergy, we believe in keeping our customers informed about important topics like the carbon tax rebate. We often mention it in our e-newsletters and social media posts, but just in case you missed those, we thought we'd outline it here for you, too!

What is the carbon tax?

As you may know, we all have to pay a federal carbon tax on the natural gas we use. The carbon tax is to help reduce those pesky carbon emissions that harm the environment. The amount of tax you pay actually depends on the different products you consume and how much you use. Natural gas is also one of the carbons we're taxed on, and you can actually see the amount of tax on your monthly home energy bill.

The good news is that every quarter, the federal government issues most Canadians a carbon tax rebate. It's basically a fixed amount that we get back to cover all the carbon taxes we pay and a welcomed bank deposit for most Canadians. This means that you can expect to receive a refund of a part of the taxes you paid for using natural gas.

When are carbon tax rebates issued?

These refunds come out in April, July and October of this year, and January of 2024. They range from $193 for a single adult and increase based on the number of people living in the home. Find out the specific refund amounts here. The site gives detailed information about the refund program, including how much you can expect to receive and when to expect your payments.

Understanding the federal carbon tax

In addition to spreading the good news, we also believe it's our responsibility to help make it easier for Albertans to understand the federal carbon tax and how it affects us all. Here are a few key points to keep in mind: 

  • The federal carbon tax affects everyone through taxes and refunds. It is part of our country's commitment to reducing greenhouse gas emissions.

  • Most Albertans receive a carbon rebate four times a year directly into their bank accounts. This ensures that you get back a part of the taxes paid for using carbon fuels like natural gas.

  • As an energy provider, ATCOenergy supplies natural gas to homes and businesses, which is why you'll see the carbon tax reflected on your bill. We're required to collect and remit this tax on behalf of the government.

  • It’s important to note that if you have any issues with your carbon tax rebate, it’s best to contact the Canada Revenue Agency (CRA). They handle the administration of the refund program as it's a federal government initiative. 

For more information about carbon tax rates and other related details, you can visit the CRA's website.

We're here to help

We strive to keep our customers informed and provide excellent service daily, and we hope this information helps you understand this tax and refund and how it benefits you.

If you have any questions, you're always welcome to reach out to our friendly Happiness Advisors at 1-844-687-2826 during our business hours: Monday to Friday from 8:00 am - 8:00 pm and Saturdays 8:00 am - 4:30 pm.