| ENERGY: Cold weather boosts natural gas rebate to $3.25 per gigajoule for March |
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(AlbertaIndex, March 6, Thursday) --- Albertans will receive a $3.25 per gigajoule (GJ) natural gas rebate for March to help offset increased heating costs as a result of the cold weather sweeping North America. Alberta Energy said the rebate will save the average household $52 on their March natural gas bill as surging demand has cut sharply into storage inventories and pushed prices to their highest point this winter. The natural gas rebate program runs from October to March for most consumers, when Albertans use about 80 per cent of their natural gas. 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. Most Albertans will see the natural gas rebate applied directly to their monthly gas bill. Large scale commercial or industrial consumers, select agricultural producers, and those who heat their homes with other fuels need to apply for rebates. |
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