Natural gas goes up for March, electricity goes down
By Medicine Hat News on March 2, 2019.
The cost of gas will rise while power prices will fall in Medicine Hat in March, according to utility rates for the month that were published on Friday. Natural gas for home and small to medium-sized businesses will be set at $3.1335 per gigajoule in the month, marking a 98-cent increase over February. Power prices fell well below a provincially mandated ceiling for consumers to land at 5.947-cents per kilowatt hour. That is down from the 6.8-cents that customers saw on their bills in February. That rate is in effect with market prices rise above a 10-year average for power prices, at which point Alberta carbon levy fund pays the difference to generating companies. The market rate was 7.1-cents in February, 7.7-cents in January and 7.6-cents in December. Medicine Hat sets its local utility rates at the average of prices provided my major rates across the province. Those gas rates for March range from $3.087 to $3.18. Power rices range from 5.914-cents to 5.991. 6-5
