Fixed Rate vs Floating Rate

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Crossroads Gas only offers floating gas rates and we’d like to explain why.

Gas Alberta Inc. is our gas supplier and they purchase natural gas monthly on behalf of Crossroads using a diversified gas supply portfolio, including daily and monthly indexed supplies and direct purchases from producers. Gas Alberta also carries out a prudent hedging program to minimize price volatility and lower its gas costs. Their mandate is to purchase natural gas from the market at rates lower than the regulated natural gas retailers namely Direct Energy Regulated Services and APEX Utilities.

When comparing fixed vs floating price options for natural gas it’s important to note that fixed prices have rarely been the most economical option over time. Fixed prices may become more competitive than market rates in the short term, but this trend typically reverses very quickly. Natural gas consumers are much better off by remaining with monthly floating market prices in the long run.

As of May 2025, the average fixed rate with a regulated retailer is $4.50/GJ for a 3 year contract. The current price of gas at Crossroads is $2.37/GJ. Our price of gas has been under $3.00/GJ for the last 15 months. What a savings!

Where is the line?

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Please keep yourself and your community safe by calling or Clicking Before You Dig. Before you disturb the ground, visit UtilitySafety.ca or call 1-800-242-3447 to get all your underground utilities located. Crossroads Gas responds to locates quickly so we don’t hold up your project.

Hitting a gas line could cost you thousands $$$$. Requesting locates is FREE.

Please note, rural properties must choose the Large Project ticket type when requesting a locate through the Utility Safety Partners website.

To submit a locate request please click on the image below or call 1-800-242-3447.