CHAT News File Photo

By Chris Brown

Cost of natural gas and electricity up again

Jul 4, 2022 | 11:08 AM

The natural gas and electricity rates for City of Medicine Hat utility customers are rising again. The city released the rates on Monday.

READ MORE: Utility rebates to begin next month

Natural gas will cost those on the floating rate $9.094 per gigajoule this month, up from the June rate of $8.699. July’s rate is between the $9.863 set by Apex (formerly AltaGas) and the $8.324 set by Direct Energy.

The fixed-rate for 2022 is $4.35 per GJ, as of Jan. 1.

Electricity customers on the floating rate will pay 14.795 cents per kilowatt-hour this month, up from 11.699 cents per kilowatt-hour in June.

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This month’s electricity price falls between the high of 15.093 cents set by Epcor (Edmonton) and the low of 14.393 cents set by Direct Energy.

The fixed-rate offered by the city is 8 cents per kilowatt-hour for 2022.