Gas, electric, wind energy rates set for February
Medicine Hat - The City of Medicine Hat has set its February energy commodity rates.
Natural Gas – all customers
The February natural gas default rate is $1.878 per gigajoule (GJ), down from the previous month of $1.973 per GJ.
The rate is based on the weighted average cost of the City’s natural gas purchases for the month of consumption, plus $0.07/GJ to recover transactional costs and a small rate of return, in accordance with the Gas Utility Bylaw 2489.
Electricity
Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting
The calculated electricity rate for January, February and March 2025 is $0.04919 per kilowatt-hour (kWh) which, under the Electric Utility Bylaw 2244, defaults to the minimum $0.07000 per kWh for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting customers
The rate is based on a twelve-month, volume weighted forecast as per the ICE-NGX wholesale electricity energy market, not to exceed a maximum of 11 cents per kWh or go below a minimum rate of seven cents per kWh, and is recalculated on the first business day of January, April, July, and October.
Large Commercial, Industrial and Street Lighting Customers
The current default electricity rate for Large Commercial, Industrial and Street Lighting customers is $0.12025 per kilowatt hour.
The rate is based on the average of the rates for owners whose regulated rate tariffs are approved by the Alberta Utilities Commission under section 103(2) of the Electric Utilities Act for that calendar month as posted by the Alberta Utilities Commission on its internet page under Rate of Last Resort (ROLR) Regulation.
Under the new ROLR Regulation, this fixed rate is expected to remain in place until December 31, 2026.
Rate of Last Resort | Rate per kWh |
---|---|
Direct Energy Regulated Services | $0.12020 |
ENMAX Energy Corporation | $0.12060 |
EPCOR Energy Alberta GP (Edmonton) | $0.12010 |
EPCOR Energy Alberta GP (outside Edmonton) | $0.12010 |
City of Medicine Hat default rate for LC&I (based on the average) | $0.12025 |
Going Green Charge
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.
The Going Green surcharge is calculated monthly to recover costs incurred to purchase renewable energy.
The Going Green surcharge for February is $0.0035 per kilowatt hour.
For more details about energy rates, visit medicinehat.ca/EnergyPlans.
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