Medicine Hat gas rate lower than a year ago, electricity holds steady
The cost of natural gas in Medicine Hat is 40 per cent lower than a year ago and residential electricity continues to bounce off the lowest allowed price in the city’s November utility rates released Friday.
The default rate for natural gas, as is tradition, has jumped amid colder weather to $1.864 per gigajoule, up from October’s $0.7624 per gigajoule.
That gas rate is lower than a year ago when it was set at 2.7840 per gigajoule.
Medicine Hat’s city council in November 2023 amended the gas utility bylaw in order to provide customers with a single natural gas rate starting in 2024.