Power prices expected to spike
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The city's main power plant on the shore of the South Saskatchewan River is shown in this May 2018 file photo. The price for electricity in August is expected to skyrocket as heatwaves continue to dominate the 2021 summer months.--NEWS FILE PHOTO
The price of electricity could move 20 per cent higher in August as sweltering heat continues, demand remains high across the province and prices appear headed to set an all-time annual record.
The City of Medicine Hat offers a set-rate for power, but most customers are on a floating commodity rate that is the average of other default prices in the province.