Residential Natural Gas Rates
We provide natural gas to most of Alberta including Edmonton and our home town Sherwood Park. Here’s more about what areas we serve.
Want to bundle your natural gas with electricity and Internet? Have a look at our utility bundles.
- Energy Readings
Each month, your distribution company reads your meter to measure how much natural gas you used. Then they send this information to us, the provider. On this bill, the customer used a total of 4.02 GJ for the month. - Energy Charges
This customer’s on a variable rate that we adjust based on the ever-changing wholesale market price. So we charged her a few different rates per GJ: $2.43, $2.48, and $2.41. Her variable rate also required her to pay a transaction fee of $0.55 per GJ. In total, her energy charges for 4.02 GJ worked out to $12.24. - Regulated Charges
These charges are regulated by the provincial and federal government. - Transmission and Distribution Charges
The Alberta Utilities Commission regulates transmission and distribution charges on behalf of the Alberta government. These charges are regulated to ensure Alberta has a safe infrastructure and that we all have reliable natural gas service no matter what provider we’re buying it from. The money goes to distribution companies for distributing natural gas throughout the province and maintaining the natural gas infrastructure.
Each month, your distribution company determines how much these charges will be based on factors like how much natural gas you’re using. They share the amounts with us, and we add them to your bill. When you pay us, we take the money you paid for these two charges and pass it directly to the distribution company. We don’t apply any additional fees or mark-ups.
Transmission and distribution charges will be the same amount for you no matter what provider you’re with. And when you add them together, they make up about 50% of your bill (or more). While we’d love to make these charges lower for you, that’s not one of the powers of Park Power—or any Alberta energy provider, for that matter. Transmission and distribution charges are the price we all pay to have reliable natural gas service in Alberta. - Federal Carbon Tax
This tax pays for the federal government’s efforts to reduce greenhouse gas emissions created by natural gas. Some of this money will come back to you each year at tax time. As of April 1, 2023, the Federal Carbon Tax s $3.35 per GJ. To learn more, check out this Government of Canada resource on Alberta and pollution pricing. - Admin Charge
For natural gas service, we charge a fixed admin fee of $6.95 per site per month. This covers the transactions we do to process your bill. - GST
Add 5% GST to it all, and you’ve got your bill!
How to estimate your Park Power bill
To figure out how your energy costs would differ with Park Power, compare our rates above with the rates on your current provider’s bill in the Energy Charges/Retailer section. When you multiply your usage (eg 10GJ) by one of our rates ($X.XX/GJ) then you will have an energy charges total. Compare that to the Energy Charges/Retailer Charges on your bill to see how your costs will compare.
Keep in mind that all of the Distribution/Delivery, Transmission, and all Government Regulated Charges will be the same with every provider.
We also encourage you to check out the Alberta Government Utilities Consumer Advocate Cost Comparison Tool. You can use this tool to compare us with the competitors.
What is a variable rate?
The price of natural gas in Alberta can climb high, but sometimes it swings low. We’ve seen rates as low as $0.22 per GJ in recent years! If you’re comfortable with riding the ups and downs, consider our floating/variable rates that change each month with the market. Park Power offers super low transaction fees.
As with our other rates, you can cancel or change to another rate anytime you like, as long as you give us 10 business days’ notice.
What is a prudential?
A prudential is similar to a security deposit. It’s a one-time charge that you pay in order to get a discount rate on electricity or natural gas. If you choose a discount rate with a prudential, you’ll pay it when you sign up. And if you leave Park Power, you’ll get your prudential money back! All of it! The prudential is fully refundable. Even if you never leave Park Power, you still get a little bit back each month—and this is what makes the prudential different from a security deposit. Unlike a security deposit, your prudential money collects interest: 5% a year. And each month, this prudential interest turns up on your bill as a credit.
For residential natural gas customers, the prudential is $100.
