to cover Oct. 1 to March 31, but only if the rate for natural gas exceeds $6.50 per gigajoule. With the highest rate estimated at $5.63 per gigajoule next month, it won’t be triggered until at least November.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
It all depends on the default regulated rates, which are approved by the Alberta Utilities Commission and are set for the entire month. “It’s far more equitable than past rate caps, and in this case, Albertans don’t have to do anything,” he said, adding the rebate doesn’t work like a cap. He noted some customers who are with a competitive retailer on a variable plan that might pay $8 a gigajoule won’t see the rebate because it’s based on the regulated benchmark.
“For your average consumer, lower is always better, but when trying to provide protection to Albertans, what trying to do is ensure that they do not hit catastrophic natural gas bills that they simply cannot afford,” MacDonald said, adding that Alberta’s prices are depressed compared to other regions in North America.
And the hapless Nally strikes again. When will Morinville StAlbert waken up and boot his sorry ass out? NeverNally NeverVoteConservative Ableg Abpoli