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By Regan Tate

February Utility rates up over last month

Feb 1, 2021 | 1:48 PM

Medicine Hat–The City of Medicine Hat has set its February energy commodity rates.

Natural Gas
The February natural gas commodity rate of $2.9300 per gigajoule (GJ), up from the previous month of $2.6230 per GJ, for all customers is based on the average of the monthly gas charges set by Alberta gas distribution (pipes) owners.

The City of Medicine Hat calculates the Monthly Reference Price based on the average of the rates approved by the Alberta Utilities Commission.

Electricity
The February electricity rate of $0.08704 per kilowatt hour, up from the previous month of $0.07954 per kilowatt hour, for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting, 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 Regulated Rate Option Regulation.

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The City of Medicine Hat calculates the Monthly Reference Price based on the average of the rates using the four Regulated Rate Option providers approved by the Alberta Utilities Commission under section 103(2) of the Electric Utilities Act.

The February default electricity rate for Large Commercial, Industrial and Street Lighting customers is based on the monthly average Alberta Power Pool price as established and published by the Alberta Electric System Operator (AESO) plus $0.02 per kilowatt hour. The rate for January was $0.09289 per kilowatt hour.

The City of Medicine Hat also offers a fixed electric commodity price for Residential, Farm, Small and Medium Commercial customers. The fixed rate for 2021 is $0.06800 per kilowatt hour.

The Gas Utility offers a fixed natural gas commodity price for all rate class customers. The fixed rate for 2021 is $3.50 per GJ.

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 $0.0050 per kilowatt hour.

Source: City of Medicine Hat