Gas, electric, wind energy rates set for January

Medicine Hat - The City of Medicine Hat has set its January energy commodity rates.

Natural Gas – all customers

The January natural gas default rate is $1.973 per gigajoule (GJ), down from the previous month of $2.254 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 Electric Utility Bylaw 2244 establishes a single best-of-market electricity rate for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting customers, not to exceed a maximum of 11 cents per kilowatt hour (kWh) or go below a minimum rate of seven cents per kWh. The rate is based on a twelve-month, volume weighted forecast as per the ICE-NGX wholesale electricity energy market and is recalculated on the first business day of January, April, July, and October.

The January best of market rate is $0.04919 per kWh which, under the bylaw, defaults to the minimum $0.07000 per kWh for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting customers. For more details about energy rates, visit medicinehat.ca/EnergyPlans

Large Commercial, Industrial and Street Lighting Customers

The January 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 Regulation.

January 2025 (per kilowatt hour)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 January is $0.0035 per kilowatt hour.

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