Natural gas and electric rates news
Natural gas Quarterly Rate Service
We have received approval for a Primary Gas Rate change effective August 1, 2018. This rate change result in an annual bill increase for a typical residential customer of 1.2% or approximately $8 per year effective August 1, 2018. For larger volume customers, annualized bill impacts range from an increase of 1.5% to 3.0% depending on the rate class and level of consumption.
This rate change is a result of changes to the forecast price that Centra pays for natural gas and the amounts in gas deferral account.
The Primary Gas Rate for all Quarterly Rate Service customers will increase to 8.02¢ per cubic metre effective August 1, 2018. The price that we pay for this Primary Gas supply option is passed directly on to customers without any markup. As a result, we do not make any profit on the sale of Primary Gas.
Natural gas Fixed Rate Service
The Fixed Rate Service is offered to natural gas consumers on a periodic basis throughout the year. It provides residential and commercial customers the option to lock in their Primary Gas rate for a 1, 3, or 5-year term through Manitoba Hydro.
Electricity rates news
On June 1, 2018, the electricity rates changed to reflect an average revenue increase of 3.6%. This increase was approved by the Public Utilities Board of Manitoba (PUB).
Some individual customer class rates were adjusted to reflect the true cost of service. This results in different customer classes seeing different levels of rate increases to meet the 3.6% average revenue increase. The Residential customer class rate is 8.527¢/kWh. The First Nation On-Reserve Residential customer class rate is unchanged at 8.196¢/kWh.
|First Nations On-Reserve Residential||0.00%|
|General Service Small Non-Demand||2.76%|
|General Service Small Demand||3.86%|
|General Service Medium||4.13%|
|General Service Large 750 V to 30 kV||4.06%|
|General Service Large 30 to 100 kV||2.97%|
|General Service Large >100 kV||3.03%|
|Area & Roadway Lighting||4.04%|
A residential customer without electric space heat, using an average of 1,000 kilowatt-hours per month, will see an increase of approximately $3.64 per month. A residential customer with electric space heat, using an average of 2,000 kilowatt-hours per month, will see an increase of approximately $6.95 per month.
The PUB’s Order approving the rate change may be accessed through the PUB’s website.