Utility prices fall off summer highs

By MEDICINE HAT NEWS on September 2, 2021.

https://www.medicinehatnews.com@MedicineHatNews

Utility prices in Medicine Hat will fall back in September from summer highs, but remain above recent averages.

The price of power for city residential and small to medium commercial accounts will be 10.4-cents per kilowatt hour in September, according to default rates published by the utility department on Wednesday.

That is about 20 per cent lower than the 12.1-cents charged in August, but that stood as the highest price charged for electricity since at lease 2014.

Similarly, gas for home and business use will drop to $3.38 per gigajoule in the low-use month, down from $3.89 in August.

Medicine Hat charges a default rate of the provincial prices to customers not signed up for fixed pricing of 6.8-cents for power and $3.50 for gas.

The array of comparable power prices ranged from 10.1-cents from Direct energy Services to 10.6-cents from Epcor’s Edmonton price.

The two comparable gas prices were $3.306 from Apex Utilities and $3.454 from Direct.