Natural gas savings in December for Alberta homes and businesses

Households will save an average of $55 through rebate program

The average Alberta residential consumer wil save $55 on their natural gas bill this month. A $2.50 per gigajoule (GJ) rebate has been triggered in December for most Alberta consumers through the Natural Gas Rebate Program.

Most of the one million eligible homes and businesses will have their rebate automatically applied as a credit on their December natural gas bill. Rebates are triggered when two of the three major natural gas service providers charge regulated rates above $5.50/GJ. Rebate amounts increase as the price of natural gas rises, with the maximum cost of natural gas to most Alberta consumers capped at $8.75/GJ.

All eligible homes and businesses, regardless of whether they pay the regulated rate or are part of a competitive contract, receive rebates under the program. In addition to natural gas, rebates will be provided for heating with propane, kerosene, heating oil and in certain special circumstances, electricity. Users of these other fuels need to apply for rebates.

Natural gas rates – December 2006

The following natural gas rates for the three regulated service providers in Alberta have been verified by the Alberta Energy and Utilities Board for December 2006.