News Release
 

January 31, 2005

Natural gas rebate triggered for February

Edmonton...For the fourth straight month, a natural gas rebate will be issued by the Alberta government. Based on the approved rates and an average residential consumption of 18 gigajoules (GJ) in February, the $1.50 per GJ rebate will save Alberta householders about $27.

The Alberta Energy and Utilities Board (EUB) has verified the February rates for Direct Energy Regulated Services North, Direct Energy Regulated Services South and AltaGas Utilities as:

Regulated Gas Rates

February gas costs on consumers' bills
($/GJ)

February gas costs exceed $5.50/GJ threshold?

Direct Energy Regulated Services North

$5.984

Yes

Direct Energy Regulated Services South

$5.997

Yes

AltaGas Utilities

$5.586

Yes

Regulated gas companies must recover their gas costs from customers with no mark-up, so each month they must apply to the EUB for approval of rates that reflect projected North American market prices and include any accrued surpluses or deficits from the prior two months.

Under the Alberta Natural Gas Rebate Program, all eligible Albertans will receive per GJ rebates if the majority of Albertans are being charged more than $5.50 per GJ on their gas bills for that month during the winter period (November - March). Most Albertans receive their rebate as a credit on their natural gas bill.

More information on the Alberta government's Natural Gas Rebate Program can be found on the Alberta government's web site at: <www.gov.ab.ca>.

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For further information, contact:

Donna J. McColl
Alberta Energy Communications
Tel: (780) 422-0068; Cell: (780) 717-6534
Donna.J.McColl@gov.ab.ca

Dial 310-0000 for toll free access outside Edmonton

Backgrounder


January 31, 2005

Natural Gas Rebate Program 2004-05

If the cost of gas on bills is...

The rebate is...

Approximate cost of winter program, in each month the rebate is in effect*

Over $5.50, up to $7.50/GJ

$1.50/GJ

$50 million

Over $7.50, up to $9.00/GJ

$2.50/GJ

$90 million

Over $9.00, up to $12.00/GJ

$3.25/GJ

$115 million

Over $12.00/GJ

$3.25/GJ, plus a set per GJ amount determined by the Alberta price

Price dependent

*Based on average winter month. An average family home uses about 19 GJ per winter month.

Natural Gas Rebate

$1.50/GJ

$2.50/GJ

$3.25/GJ

$3.25/GJ+

Propane

3.83¢/l

6.38¢/l

8.30¢/l

8.30¢/l+

Heating Oil

5.80¢/l

9.67¢/l

12.57¢/l

12.57¢/l+

Kerosene

5.65¢/l

9.42¢/l

12.25¢/l

12.25¢/l+

Rebate Eligibility

Consumers NOT eligible for rebates

Include those that use natural gas, propane or heating oil for:

Rebates for Agriculture Consumers

Who Needs to Apply?

Most Albertans will have their rebates applied directly to their natural gas bills, including many with contract gas supply. However, some will have to apply, including:

How to Apply

For more information on the Alberta Natural Gas Rebate Program, go to www.gov.ab.ca

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For further information, contact:

Donna J. McColl
Alberta Energy Communications
Tel: (780) 422-0068; Cell: (780) 717-6534
Donna.J.McColl@gov.ab.ca

  

Dial 310-0000 for toll free access outside Edmonton


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