Another Carbon Tax hike is coming to ring in 2018.
The current $20 per tonne of carbon is expected to increase to $30, bringing Alberta in line to ease into the Government of Canada's plan to increase carbon tax by roughly 12 cents per litre by 2022.
The Government's plan on carbon pricing will see the tax jump from $30 per tonne of carbon to $40 in 2021. Then to $50 in 2022.
Right now it costs 4.5 cents per litre for gasoline and these gradual increases will begin in 2018.
"All told, your carbon tax will amount to 7.1 cents per litre permanently for gasoline and of course, much higher for diesel, into 8.5 cents per litre, will be spent by Albertans to get from point A to point B," said GasBuddy senior petroleum analyst, Dan McTeague.
This $10 increase will add roughly 2 cents per litre at the pumps and 50 cents per gigajoule (GJ) to the natural gas bill.
That means if a household uses 10 GJ per month to heat the home, the carbon tax portion of the bill will go from $10 per month to $15.
"What Alberta hasn't done yet in terms of its carbon tax, Ottawa's prepared to overlay as it intensifies, ready to put the screws into emissions and attempt to try to force people to find alternatives."
McTeague felt the increase won't have a large impact on the provincial or local economy.