Natural gas rate policy up for debate at city council tonight.
MEDICINE HAT — Members of Medicine Hat city council will weigh proposed changes to how natural gas rates are set, as they hold the regular council meeting tonight.
The amendment to the current natural gas bylaw would see a single rate set for all customers, with the price set by the city on a month to month basis.
Briefing notes to council say the monthly rates would be based on the procurement cost for that month and the price would be based on wholesale costs, which should provide a benefit to the customer base.
Customers with a natural gas contract would be able to revert to the previous agreement by giving proper notice to the city before February 1, 2024.