Thursday, March 3, 2011

ELECTRICITY AND GAS PRICES DOWN - BUT NOT IS TEXAS...

Customers in Calgary, Canada not locked into long-term energy contracts can look forward to bigger savings in March as longer, warmer days -and abundant natural gas supply -lead to lower REGULATED rates on electricity and natural gas.

Enmax Corp. dropped its March regulated rate option on electricity by 20 per cent Monday, to 7.356 cents per killowatt-hour.

For natural gas, meanwhile, soft prices continue to pull down prices, with Direct Energy's regulated rate dropping 27 per cent to $3.071 per gigajoule.

Story courtesy the Calgary Herald.

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