June energy rates released by the city
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MEDICINE HAT, AB – June has arrived, and with it, the energy rates released by the City of Medicine Hat.
Rates for natural gas and electricity have gone up since May. June’s natural gas default regulated rate is $3.363 per gigajoule, which is up from May’s $2.249 per gigajoule. The city said in a statement that the rate is based on the average of the monthly gas charges by Alberta gas distribution.
The electricity default regulated rate for June is $0.15761 per kilowatt hour, up from the previous of $0.13966 per kWh. On December 15, 2022, the Alberta government passed The Regulated Rate Option Stability Act which temporarily placed a price ceiling of $0.13500 per kWh through the first three months of 2023 for those purchasing power from the Regulated Rate Option.
Customers will also have a Going Green surcharge on their bill which is for renewable energy that has been purchased by residential, farm, and small/medium commercial customers. The surcharge is calculated monthly to recover costs incurred to purchase renewable energy. The rate for June is set at $0.001 per kWh.
