Natural gas prices down, electricity up in Alberta in February | Globalnews.ca

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Natural gas prices down, electricity up in Alberta in February | Globalnews.ca
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For a fifth month in a row, natural gas prices in Alberta aren’t high enough to trigger the provincial rebate.

Albertans on RRO won’t have to pay the full brunt of the continued high prices under the government’s electricity price protection.From January through March, any prices above 13.5 cents per kWh will be repaid over the 21-month period of April 2023 through December 2024.The Opposition said the government “mismanaged” the electricity system, saying “their incompetence means Albertans will be stuck paying higher bills.

“Albertans are already struggling to keep the lights on and put food on the table, but month-after-month, the cost of electricity has gone up under the UCP with next to no help for Albertans,” Edmonton-Manning MLA Heather Sweet said in a statement.

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