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Our Fixed Rate natural gas service

Fixed Rate Service for natural gas supply is available during designated enrolment periods throughout the year. It provides residential and commercial customers the option to choose a fixed rate for their natural gas for a 1, 3 or 5-year term through Manitoba Hydro.

Note that even with the Fixed Rate Service, your total bill will fluctuate, depending on how much natural gas you use each month.

Why is the availability limited?

Manitoba Hydro assumes a certain level of risk associated with entering into a fixed rate natural gas contract with you. In order to manage exposure to the risks associated with offering the Fixed Rate Service, Manitoba Hydro reserves the right to limit the availability of any offering.

Eligibility

All Manitoba residential/commercial small general service (SGS) and large gas service (LGS) class natural gas customers are eligible to participate in our Fixed Rate Service, as long as you are not currently under contract with an independent gas marketer.

Choosing a fixed rate may or may not result in cost savings over the contract term. The best way to guarantee cost savings is by reducing the amount of natural gas you consume. Find out about ways to reduce your energy consumption.

Compare rates – The Public Utilities Board lists current natural gas rates from the various residential providers in Manitoba.

Frequently asked questions

Why is Manitoba Hydro offering the Fixed Rate Service?

The Fixed Rate Service is being offered to improve customer choice and meet varying customer preferences for fixed-rate Gas Commodity products. The more choice available, the better the chance that customers can find the products which meet their specific individual needs. We have no preference whether you purchase your Gas Commodity on a quarterly or fixed-rate service.

Is participating in the Fixed Rate Service going to save me money over my contract term?

A fixed-rate contract may or may not save you money. That can only be determined at the end of the contract when the actual market price of natural gas over the contract term is known. The Fixed Rate Service should not be viewed as a way for you to save money, but rather an option to reduce market price risk. It is not a guaranteed cost savings.

Will the fixed rate represent the entire amount on my monthly gas bill?

No. This rate will only be applied to the Gas Commodity portion on your bill. The remaining components of your bill will not be affected by participation in the fixed-rate service.

Does the Fixed Rate Service mean I pay exactly the same amount each month on my gas bill?

No. The Fixed Rate Service means that your specific unit rate (per cubic metre) for Gas Commodity consumed will not change over the contract period. The total amount you pay will still vary based on the total amount of natural gas you consume over the billing period. We do offer the Equal Payment Plan option to customers as a way to equalize your monthly energy bill payments over a 1-year period.

What happens if I move during the contract period?

If you move during the contract period, your Fixed Rate Service contract is immediately cancelled and no early termination fee will apply. If you move within Manitoba and have an active natural gas service at your new location you will be switched over to our default quarterly rate for your new Gas Commodity service, unless you sign up for a fixed-rate service either with us (subject to availability) or an independent gas marketer.

What happens to my natural gas bill after the contract term is complete?

We will send you a written reminder prior to the end of the contract and advise you of your Gas Commodity supply options at that time. If you do not enter into a new contract, either with us or an independent gas marketer, you will automatically be placed back on our Quarterly Rate Service.

Historical natural gas rates

Fixed and quarterly rates for natural gas service
Fixed rate contract enrolment period 1 Fixed rate contract start date 2 Fixed rates ($/m3) Quarterly rates ($/m3)
Feb. 6 – Mar. 1, 2024 May. 1, 2024 1-year $0.1345
3-year $0.1607
5-year $0.1657
$0.0857
(Feb. 1, 2024)
Nov. 7 – Dec. 1, 2023 Feb. 1, 2024 1-year $0.1486
3-year $0.1727
5-year $0.1782
$0.1021
(Nov. 1, 2023)
Aug. 8 – Sept. 1, 2023 Nov. 1, 2023 1-year $0.1503
3-year $0.1682
5-year $0.1736
$0.1352
(Aug. 1, 2023)
May 9 – June. 2, 2023 Aug. 1, 2023 1-year $0.1428
3-year $0.1760
5-year $0.1881
$0.1464
(May. 1, 2023)
Feb. 7 – Mar. 3, 2023 May. 1, 2023 1-year $0.1616
3-year $0.1744
5-year $0.1844
$0.1878
(Feb. 1, 2023)
Nov. 8 – Dec. 2, 2022 Feb. 1, 2023 1-year $0.2143
3-year $0.2056
5-year $0.2093
$0.2396
(Nov. 1, 2022)
Aug. 16 – Sept. 9, 2022 Nov. 1, 2022 1-year $0.2671
3-year $0.2277
5-year $0.2198
$0.1977
(Aug. 1. 2022)
May 10 – June 3, 2022 Aug. 1. 2022 1-year $0.2725
3-year $0.2108
5-year $0.1995
$0.2055
(May 1, 2022)
Feb. 8 – Mar. 4, 2022 May 1, 2022 1-year $0.1885
3-year $0.1619
5-year $0.1566
$0.1343
(Feb. 1, 2022)
Nov. 8 – Dec. 3, 2021 Feb. 1, 2022 1-year $0.2129
3-year $0.1827
5-year $0.1729
$0.1916
(Nov. 1, 2021)
Aug. 10 – Sept. 3, 2021 Nov. 1, 2021 1-year $0.1774
3-year $0.1545
5-year $0.1488
$0.1323
(Aug. 1, 2021)
May 10 – June 4, 2021 Aug. 1, 2021 1-year $0.1468
3-year $0.1337
5-year $0.1321
$0.1045
(May 1, 2021)
Feb. 8 – Mar. 5, 2021 May 1, 2021 1-year $0.1422
3-year $0.1321
5-year $0.1312
$0.1012
(Feb. 1, 2021)
Nov. 9 – Dec. 4, 2020 Feb. 1, 2021 1-year $0.1525
3-year $0.1406
5-year $0.1358
$0.1081
(Nov. 1, 2020)
Aug. 11 – Sept. 4, 2020 Nov. 1, 2020 1-year $0.1328
3-year $0.1321
5-year $0.1309
$0.0932
(Aug 1, 2020)
May 11 – Jun 5, 2020 Aug 1, 2020 1-year $0.1369
3-year $0.1353
5-year $0.1328
$0.0863
(May 1, 2020)
Feb. 10 – Mar. 6, 2020 May 1, 2020 1-year $0.1064
3-year $0.1108
5-year $0.1145
$0.0863
(Feb. 1, 2020)
Nov. 12 – Dec. 6, 2019 Feb. 1, 2020 1-year $0.1199
3-year $0.1199
5-year $0.1218
$0.0910
(Nov. 1, 2019)
Aug. 13 – Sept. 6, 2019 Nov. 1, 2019 1-year $0.1172
3-year $0.1176
5-year $0.1204
$0.0852
(Aug. 1, 2019)
May 13 – June 7, 2019 Aug. 1, 2019 1-year $0.1265
3-year $0.1229
5-year $0.1236
$0.0945
(May 1, 2019)
Feb. 11 – Mar. 8, 2019 May 1, 2019 1-year $0.1318
3-year $0.1233
5-year $0.1216
$0.0909
(Feb. 1, 2019)
Nov. 12 – Dec. 7, 2018 Feb. 1, 2019 1-year $0.1270
3-year $0.1220
5-year $0.1224
$0.0832
(Nov. 1, 2018)
Aug. 15 – Sept. 7, 2018 Nov. 1, 2018 1-year $0.1126
3-year $0.1114
5-year $0.1126
$0.0802
(Aug. 1, 2018)
May 14 – June 8, 2018 Aug. 1, 2018 1-year $0.1110
3-year $0.1106
5-year $0.1176
$0.0762
(May 1, 2018)
Feb. 12 – Mar. 9, 2018 May 1, 2018 1-year $0.1130
3-year $0.1106
5-year $0.1147
$0.0762
(Feb. 1, 2018)
1 The period of time when Manitoba Hydro accepts customer contracts for a natural gas fixed rate.
2 The date when a customer starts paying the rate they signed up for in a natural gas fixed rate contract.