Weather Conditions in Alberta
Spring is here... or not! Alberta's weather seems to be a little fickle this month, with warmer weather during the early part of the month, followed by colder April showers and strong winds in mid-April. But thankfully, we will have more double-digit warm days in Alberta throughout the month, with temperatures warming up again towards the end of the month. As we start to enjoy warmer weather in the spring and summer, your natural gas consumption should decrease significantly due to lower heating requirements.
Did you know that the transmission and distribution charges on your energy bill are affected by weather changes? Learn more about the transmission and distribution fees and how it works.
Natural Gas Prices in Alberta
Direct Energy Regulated Services’ natural gas rate decreased by 47% since January 2023 to $3.38/GJ in April, which is lower than the fixed-rate options that are currently available.
The cost of natural gas has dropped due to lower demand with warmer than usual weather for most of the winter in Alberta. And best of all, natural gas rates are forecasted to continue to stay low over the next few months. Learn more about the benefits of regulated natural gas and how its price is determined.
Electricity Prices in Alberta
The temporary 13.5 ¢/kWh rate cap on the regulated rate option (RRO) for electricity ended last month. From April 2023 through December 2024, the cost difference between the RRO electricity rate from January - March 2023 and the 13.5¢/kWh cap will be added to the current RRO to help recover costs over the next 21 months. The Direct Energy Regulated Services’ electricity rate in April is 20.134 cents/kWh. The RRO continues to be much higher than in previous years.
However, the government electricity rebate is still in place until April 2023. In April, a credit of $25 will be automatically applied to your bill if you qualify. View the electricity rebate payment schedule.
If you’re looking for longer-term rate stability, competitive providers like our sister company, Direct Energy, can provide you with fixed prices with no early exit fees, bundled rates, green energy, and other promotions.*