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- Alberta's gas prices are determined by supply and demand and are influenced by market conditions and prices throughout Alberta and North America. Some factors affecting natural gas prices include: Weather conditions Storage inventory levels Gas drilling levels and production Natural gas imports (from the United States) Economic conditions
ucahelps.alberta.ca/natural-gas-energy-market.aspx
People also ask
What is the Alberta natural gas reference price?
What factors affect natural gas rates in Alberta?
How do Alberta natural gas rates work?
What is the Alberta natural gas rebate program?
Learn how Alberta's natural gas rebate will work, who's eligible, the price threshold, and the duration of the energy affordability program. Fixed Rate plans give you a single, guaranteed rate for your electricity or natural gas that won't change, regardless of what the energy market is doing.
The Alberta Natural Gas Reference Price is a representative market price for natural gas bought and sold within the province, calculated using a simplified netback model. The Natural Gas Reference Price is a critical input into the valuation of the Crown's royalty volume.
Navigating Alberta's natural gas rates can seem complex, but we've got you covered. From understanding how rates are determined, to distinguishing between regulated and competitive options, our guide simplifies it all.
- (844) 687-2826
- 2 min
The Natural Gas Rebate Program gives automatic rebates to most Albertans if the regulated monthly natural gas rate charged by any one of Alberta’s 3 regulated utility providers goes above $6.50 per gigajoule. This highest price default natural gas rate is called the 'Alberta price.'
You may be wondering what factors impact natural gas rates in Alberta. The answer is there are many market drivers for natural gas. We’ll take a closer look at the points below. Please note, that the following list is not in a specific order. 1. Higher Oil and Gas Demand.
For this section, we’ve listed the components of a typical natural gas bill in Alberta and made an energy bill breakdown for natural gas. Much like your electricity bill, you’ll also find an account number before the other elements on your bill.
To get the most accurate rate comparison, enter your own usage from a recent bill. Look for it on the second or third page of your bill. Electricity is shown as kWh (kilowatt-hours) and natural gas is shown as GJ (gigajoules). See an example.
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