The city's main power plant on the banks pf the South Saskatchewan River is seen in this May 2018 file photo.--NEWS FILE PHOTO
The city has established the rates for electricity and natural gas for this month, which will see gas tick up and power tick down.
The city’s natural gas commodity rate is $1.76 per gigajoule for August, an increase over July when it was $1.24. The rate is based on the average of the monthly gas charges set by Alberta gas distribution (pipes) owners. The rates per GJ in August are: Direct Energy Regulated Services (North and South) $1.36, Alta Gas Utilities Inc. $2.15.
Medicine Hat calculates the Monthly Reference Price based on the average of the rates approved by the Alberta Utilities Commission.
The August electricity rate for residential, farm, small and medium commercial, unmetered services and rental lighting is 6.46 cents per kilowatt hour, down from July when it was 6.57. It is based on the average of the rates for owners whose regulated rate tariffs are approved by the Alberta Utilities Commission: Direct Energy Regulated Services 6.32 cents, ENMAX Energy Corporation 6.22, EPCOR Energy Alberta GP (Edmonton) 6.70, EPCOR Energy Alberta GP (outside Edmonton) 6.61.
The August default electricity rate for large commercial, industrial and street lighting customers is based on the monthly average Alberta Power Pool price as established and published by the Alberta Electric System Operator (AESO) plus $0.02 per kilowatt hour. The rate for July was 7.41 cents per kilowatt hour.
The City of Medicine Hat also offers a fixed electric commodity price for residential, farm, small and medium commercial customers. The fixed rate for 2020 is 6.80 cents per kilowatt hour.
The gas utility offers a fixed natural gas commodity price for all rate class customers and for 2020 that is $3.50 per GJ.
Customers also have a “Going Green” surcharge on their bill. This surcharge is for renewable energy purchased for residential, farm, small and medium commercial customers. This surcharge is calculated monthly to recover costs incurred purchasing renewable energy, and for August it is $0.0050 per kilowatt hour.
[…] 12. August utility rates: gas goes up, power goes down – Medicine … […]