Energy Rates Set for September
The September electricity default regulated rate (RRO) for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting customers is $0.25068 per kilowatt hour (kWh), down from the previous month of $0.29673 per kWh. The rate 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.
MEDICINE HAT, AB - The City of Medicine Hat has set its September energy commodity rates.
Natural Gas – all customers
The September natural gas default regulated rate (RRO) is $2.849 per gigajoule (GJ), down from the previous month of $3.215 per GJ. The rate 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.
September 2023 Rate per GJ
Direct Energy Regulated Services (North and South) $2.724
APEX Utilities Inc. (Formerly AltaGas Utilities Inc.) $2.973
City of Medicine Hat Rate (based on the average) $2.849
The third quarter fixed contract natural gas commodity offering is $4.226 per GJ. Customers who sign a fixed contract between July 1 and Sept. 30, 2023 are guaranteed this fixed rate for 12 billing cycles (months).
The variable contract offering is based on the AECO (Alberta Energy Company) average market reference price plus $1.00 per GJ. The August rate is $3.596 per GJ (including the $1.00 premium). The rate for September will be released October 3, 2023.
Summary Natural Gas Rates
September 2023 Rate per GJ
Regulated non-contract $2.849
Fixed contract offering $4.226
August variable contract rate $3.596
(includes premium)
Electricity
Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting
The September electricity default regulated rate (RRO) for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting customers is $0.25068 per kilowatt hour (kWh), down from the previous month of $0.29673 per kWh. The rate 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.
On Dec. 15, 2022, the Government of Alberta passed The Regulated Rate Option Stability Act through Bill 2: Inflation Relief Statutes Amendment Act which placed a temporary price ceiling of $0.13500 per kilowatt hour in January, February and March 2023 for Albertans who purchase power on the Regulated Rate Option (RRO). As of April 1, 2023, the cost difference between the RRO electricity rate from January to March 2023 and the temporary price ceiling will be added to the current RRO to recover costs until December 2024. The September recovery rate of $0.01215 per kWh will be added to the current RRO rate of $0.25068 per kWh for a total billable rate of $0.26283 per kWh. For more details about the recovery rate, visit medicinehat.ca/RegulatedRate.
August 2023 Rate per kWh
Direct Energy Regulated Services $0.26071
ENMAX Energy Corporation $0.24512
EPCOR Energy Alberta GP (Edmonton) $0.25007
EPCOR Energy Alberta GP (outside Edmonton) $0.24680
City of Medicine Hat Rate (based on the average) $0.25068
- City of Medicine Hat recovery rate + $0.01215
City of Medicine Hat RRO billed rate $0.26283
The third quarter fixed contract electricity commodity rate offering is $0.16944 per kilowatt hour. Customers who sign a fixed contract between July 1 and September 30, 2023 are guaranteed this fixed rate for 12 billing cycles (months).
The variable contract rate for Residential, Farm, Small and Medium Commercial, Unmetered Services and Rental Lighting customers is based on the monthly average Alberta Power Pool price as established and published by the Alberta Electrical System Operator (AESO) plus $0.02 per kWh. The July variable rate is $0.17500 per kWh (including the $0.02 premium). The rate for August will be released Sept. 1, 2023.
Summary Electricity Rates
September 2023 Rate per kWh
Regulated non-contract $0.26283
(includes recovery)
Fixed contract offering $0.16944
August variable contract rate $0.20680
(includes premium)
Large Commercial, Industrial and Street Lighting Customers
The September default electricity rate for Large Commercial, Industrial and Street Lighting customers is based the regulated rate option of $0.25068 per kilowatt hour (excluding recovery rate).
The variable contract 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 August is $0.20680 per kWh.
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 September is $0.001 per kilowatt hour.
Read this article on the city website.
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