Notice of Increase to the Franchise Fee on Natural Gas Billings
The Town of Coalhurst is proposing to increase the natural gas distribution franchise fee which it charges ATCO Gas and Pipelines Ltd. for the exclusive right to deliver natural gas to the residents of Coalhurst and for use of municipal lands for its natural gas lines, effective January 1st 2024. The franchise fee applies to all customers that receive gas services in Coalhurst and is required to be billed as a separate charge on gas billings.
The current franchise fee is set at 10% of ATCO Gas and Pipelines Ltd. delivery revenues and will increase to 12.45% effective January 1, 2024. For an average residential customer using 115 GJs per year, this will result in an annual increase of approximately $13.36. The franchise fee is anticipated to account for approximately $67.90 of the average annual residential bill in 2024.
For questions or concerns please contact:
Mike Passey
Director of Corporate Services
PO Box 456, Coalhurst AB, T0L 0V0
403-381-3033
[email protected]
For more information, please see the October 3, 2023 Regular Meeting of Council Agenda