The Public Utilities Board (Board) approved the application of Centra Gas Manitoba Inc. (Centra) to increase the Gas Commodity rate from $0.1977/m3 to $0.2396/m3 effective November 1, 2022.
Gas Commodity is sold on a cost recovery basis, meaning that Centra charges customers only what Centra pays for Gas Commodity and does not make a profit on its sale. The current Gas Commodity rate increase is predominantly the result of increases in the North American natural gas market prices.
The new rate is projected to increase the bill for a typical residential customer by approximately 11.5% or $100/year. Centra’s Gas Commodity rates will be reviewed again February 1, 2023.
Gas Commodity rates for customers that have signed fixed-term fixed-price contracts, with either Centra or a private broker, are not affected.
The Board is an impartial tribunal and regulator, at arm’s length from government, that acts in the public interest.
