Natural gas and electric rates news
Natural gas Quarterly Rate Service
We have received approval to maintain the current Primary Gas rate at 7.62¢ per cubic metre for the period beginning May 1, 2018. Primary Gas rates will be reviewed again August 1, 2018.
Centra calculated a pro-forma Primary Gas rate in accordance with the PUB approved Rate Setting Methodology. The resulting billed rate that flow from these calculations represented a very small increase to the Primary Gas rate. The annual billing impact to the residential customer would be very small, representing an increase of approximately $2 per year. For this reason Centra proposed to leave the Primary Gas rate unchanged from the currently approved rates.
The Primary Gas rate for all Quarterly Rate Service customers will remain at 7.62¢ per cubic metre effective May 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.