Natural gas cost going down while power price ticks up in Medicine Hat
By Medicine Hat News on December 2, 2020.
Utility prices are moving in different directions in December for residential and small- to medium-commercial accounts in Medicine Hat. The rate for natural gas of the month will be $2.77 per gigajoule according to rates published Tuesday by the city’s utility department. That is down from $3.14 in November, while the rate of power moves up about 10 per cent to 6.7-cents per kilowatt hour. Last month’s power price was 5.95-cents. Medicine Hat sets its commodity rates at the average of default contract prices offered by major utilities acres the province. Comparable rates for the month for gas are $2.705 from Direct Energy and $2.82 from AltaGas. Four power rates range from 6.48-cents from Direct to 6.8-cents from Epcor’s Edmonton service. 6-5
