MEDICATION HAT, AB – With a brand-new month comes a brand-new set of energy rates from the city of Medicine Hat.
July’s gas default controlled rate (RRO) is $2.448 per gigajoule, below $3.363 per gigajoule in June. The rate is based upon the average of the month-to-month gas charges set by Alberta gas circulation owners. The city determines the cost based upon the typical rates authorized by the Alberta Utilities Commission.
The 3rd quarter repaired agreement gas product offering is $4.226 per GJ. Customers who sign a repaired agreement in between July 1 and September 30, 2023, are ensured this set rate for 12 billing cycles (months).
The variable agreement offering is based upon the AECO (Alberta Energy Company) typical market recommendation cost plus $1.00 per GJ. The May rate is $3.287 per GJ (consisting of the $1.00 premium). The rate for June will be launched on July 4, 2023.