News Flash

News and Updates

Posted on: December 19, 2019

ATCO Franchise Fees

ATCO Franchise Fees

At the December 17th 2019 Regular Meeting, Slave Lake Town Council proposed an increase to the franchise Fee charged by both ATCO Electric and ATCO Gas and Pipeline ltd.

lt will take effective in January, 2020.

The Town of Slave Lake charges ATCO Gas & Pipeline ltd. and ATCO Electric franchise fees to grant ATCO exclusive rights to provide both gas and electric distribution services to our residents and businesses. These franchise fees also give ATCO the right to use town property for the construction, operation and extension of their distribution systems.

WHAT DOES THAT MEAN TO THE AVERAGE CONSUMER?


ATCO Gas & Pipeline LTD Franchise Fee Increase



ATCO Electric Franchise Fee Increase

-The current Franchise Fee is 24.5%

-The proposed 1% increase to the Franchise fee would bring the fee to 25.5%

-The additional 1% means an estimated increase of $18,517.99 per year to Town revenue.

-This means that the average consumer will see a $0.45 increase to their monthly gas bill

-The current Franchise Fee is 9.4%

-The proposed 1% increase to the Franchise fee would bring the fee to 10.4%

-The additional 1% means an estimated increase of $70,474.62 per year to Town revenue.

-This means that the average consumer will see a $1.23 increase to their monthly gas bill

The Average consumer’s gas bill will increase by: $0.45 

The Average consumer’s based on 625 kWH electric bill will increase by:$1.23

Have Questions?
https://www.atco.com/en-ca/for-home/electricity/rates-billing.html
https://www.atco.com/en-ca/for-home/natural-gas/rates-billing.html


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