Natural gas and electric rates news
Natural gas Quarterly Rate Service
We received approval for a Primary Gas Rate change effective February 1, 2021. This rate change results in an annual bill decrease for a typical residential customer of 2.1% or approximately $14 per year. For larger volume customers, annualized bill impacts range from a decrease of 2.3% to 4.6% 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 decrease to 10.12¢/m3 effective February 1, 2021. 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
NEW Enrol from February 8 to March 5 for Fixed Rate Service beginning May 1, 2021. Fixed Rate Service provides residential and commercial customers the option to choose a fixed rate for their Primary Natural Gas for a 1, 3 or 5-year term through Manitoba Hydro.
Electricity rates news
Electricity rates for all Manitoba Hydro customers, with exceptions for certain customers in remote diesel-served communities, will increase 2.9% effective December 1, 2020.
The 2.9% rate increase will result in a $2.78 increase in the monthly bill of a residential customer without electric heat using 1,000 kilowatt-hours per month, and a $5.31 increase in the monthly bill for a residential customer with electric heat using 2,000 kilowatt-hours per month.
The rate increase is needed to ensure Manitoba Hydro has adequate revenue to maintain, rebuild and expand the electricity system as required to continue to provide safe and reliable service to our customers.
View all approved rate change orders on the PUB website.