Prepare to dig deeper in your wallets when you pay this month’s utility bill. The city has announced that both gas and electric rates are rising in July. The gas rate is set to climb from $3.36 per gigajoule last month to $4.71 this month. Meanwhile the electricity rate is also climbing. In June it was 5.41 cents per kilowatt hour and now for July that rate has been set at 7.65 cents per kilowatt hour. The city maintains that it takes an average of what other providers in the province charge their consumers and then sets their rate accordingly.