Cooler weather brings pricier natural gas
By Collin Gallant on October 3, 2017.
Medicine Hat News The cost of home heating will rise as winter approaches, while the price of electricity essentially stands pat in the City of Medicine Hat for October. Rates published on Monday show natural gas rate for residential and small- to -medium-commercial use will rise to $1.60 per gigajoule in October, up 25 cents from the previous month. The power price falls two one-hundredths of a penny to 3.66-cents per kilowatts hour. The gas commodity price is the lowest for the month since at least 2011. It was a dollar higher in 2016 and $4.11 in October 2014. The city’s utility department sets local prices based on the average default power rate offered in major centres or, in the case of gas, the average major suppliers. The high and low price for gas this month are $1.682, by Direct Energy, and $1.519, by AltaGas. Epcor had the lowest power price, 3.45-cents, in both Fortis distribution areas and the Crowsnest pass., of four centres lower than Medicine Hat. Six centres have higher prices, including Enmax, in Calgary, at 3.852-cents. 9-8
