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Natural gas and electric rates news

Quarterly Gas Commodity rate

Effective February 1, 2024, the Gas Commodity rate is decreasing from 10.21¢ to 8.57¢ per cubic metre, and the Delivery rate is decreasing from 12.41¢ to 12.33¢ per cubic metre. The combined bill impact for the typical residential customer’s annual natural gas bill is a decrease of approximately 5.7 per cent or $38 per year. For larger volume customers, annualized bill impacts will range from decreases of 6.3 per cent to 13.1 per cent depending on customer rate class and consumption. These decreases are the result of changes in the price Manitoba Hydro pays for natural gas.

The Gas Commodity and Delivery rates are adjusted each gas quarter (February, May, August, and November) for increases or decreases to the forecast costs of natural gas supply. Manitoba Hydro earns no profit on the sale of Gas Commodity. The price the utility pays is passed directly on to customers with no markup – you pay what we pay.

NEW Enrol from February 6 to March 1, 2024 for Fixed Rate Service beginning May 1, 2024. Fixed Rate Service provides residential and commercial customers the option to choose a fixed rate for their Gas Commodity for a 1, 3 or 5-year term through Manitoba Hydro.

Read more about buying natural gas, including fixed rate gas commodity.

Electricity rates

Effective September 1, 2023, electricity rates increased on average 1.0%. Rate increases differ by customer class to better reflect the average cost to serve each class. Current rates remain unchanged for customers in remote diesel-served communities.

Average increase by customer class
Customer class Average increase
Residential 1.4%
General service small – non demand No increase
General service small – demand 1.1%
General service medium 1.1%
General service large 750 V–30 kV 1.1%
General service large 30 kV–100 kV 0.5%
General service large > 100 kV 0.5%
Area & roadway lighting No increase at the class level*

* Rates for individual light fixture types will be slightly adjusted to better reflect cost causation

Effective September 1, 2023, customers in the Residential class without electric heat using an average of 1,000 kilowatt hours per month will see an increase of approximately $1.45 in their monthly bill. Residential customers with electric space heat using an average of 2,000 kilowatt hours per month will see an increase of approximately $2.75 in their monthly bill.

Read more about Manitoba Hydro’s application to the PUB and the reasons for the rate increase.

What to do if you can’t pay your bill.

View all approved rate change orders on the PUB website.