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Why are rate change impacts reflected on a yearly basis?

basis impacts rate reflected
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Why are rate change impacts reflected on a yearly basis?

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Customers told us they wanted to know the specific unit price and the dollar impact associated with the unit price for rate changes. It’s consistent and easier to compare price changes by using yearly dollar impacts. Each time rates change, we provide the effect of the rate change on the yearly gas bill using a typical residential customer’s gas use of 2,600 m3 a year.

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Customers told us they want to know the specific unit price and the dollar impact associated with the unit price for rate changes. It’s consistent and easier to compare price changes by using yearly dollar impacts. Each time rates change, we provide the effect of the rate change on the yearly natural gas bill using a typical residential customer’s gas use of 2,600 m3 a year. When calculating natural gas use for a typical residential customer, we define this as three people living in a 15-to-20 year-old house that measures about 2,000 square feet. The house includes a mid-efficiency gas furnace that’s approximately 81 per cent efficient, a gas water heater and another gas-fuelled appliance such as a fireplace. Factors that influence natural gas consumption include: Weather – Weather’s the biggest factor affecting natural gas consumption. In cold weather, more gas is needed to heat your home. Furnace efficiency – High-efficiency furnaces are about 60 per cent more energy efficient that c

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