Natural gas regulated rates remain stable for November
As natural gas prices remain stable, the Alberta government says its provincial rebate program stands ready to protect families and businesses.
In Budget 2022, Alberta’s government introduced a natural gas rebate program should rates exceed $6.50 per gigajoule from October 2022 through March 2023. As November’s highest monthly default natural gas rate will be $5.641 per gigajoule, provincial officials say the rebate will not be triggered. The rebate program is said to be ready and in place to support families and businesses should natural gas prices spike this winter.
Combined with the electricity rebate and the provincial fuel tax relief program, the government says Albertans are receiving more than $2 billion in support to help with the cost of living.