Alberta’s natural gas rate is declining this upcoming month.
March’s highest monthly default natural gas rate is $2.851 per gigajoule, down from $3.715 in February in Alberta.
The natural gas rebate will not be triggered for March, but price protection remains in place should rates increase above $6.50 per gigajoule in the future.
The government of Alberta keeps providing relief to lower the price of power. A temporary price ceiling of 13.5 cents per kilowatt hour will continue to lower electricity prices for Albertans on the regulated rate option, and more than 1.9 million households, families, and small businesses will receive $25 in electricity rebates in March (RRO).
The RRO price protection, electricity rebate and natural gas price protection are part of the Affordability Action Plan and the ongoing work to keep Alberta affordable.
The default regulated rates in Alberta are fixed for the full month and do not change. The Alberta Utilities Commission approves rates; the government does not set them.
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