Setting Commodity Rates
Natural gas prices can fluctuate The commodity rate is the Gas Consumption Charge on your bill. SaskEnergy follows the regulatory standard practice to recover the cost of natural gas sold to customers without any markup. As a utility, we should not incur a profit or a loss on the sale of natural gas. As natural gas prices fluctuate, the cost of buying natural gas each month varies. Because we don't know the total cost of gas for a particular period of time, SaskEnergy uses a Gas Cost Variance Account (GCVA) to balance the changes in costs and revenues over time. This approach helps provide you...