Public Notices
Notice of increase to the franchise fee on electricity billings Please be advised the Town of Banff is proposing to increase the electricity distribution franchise fee which it charges FortisAlberta Inc., for the exclusive right to deliver electricity to the residents of Banff and for use of municipal lands for its electricity lines. The franchise fee applies to all customers that receive electricity services in the town of Banff and is required to be billed as a separate charge on electricity bills. The current franchise fee is set at 6.0% for FortisAlberta Inc. delivery and transmission revenues and will increase to 7.0% effective February 1, 2024. For an average residential customer (using 640 kWh per month), this will result in an estimated annual increase of $8.54 from the average paid in 2023. The franchise fee currently accounts for approximately $51.24 of the average annual bill. For questions or concerns please contact Chris Hughes, Director of Corporate Services at 403.762.1211 or [email protected].
Notice of increase to the franchise fee on natural gas billings Please be advised the Town of Banff is proposing to increase the natural gas distribution franchise fee which it charges ATCO Gas & Pipelines Limited, for the exclusive right to deliver natural gas to the residents of Banff and for use of municipal lands for its natural gas lines. The franchise fee applies to all customers that receive gas services in the town of Banff and is required to be billed as a separate charge on gas bills. The current franchise fee is set at 31.2% for ATCO Gas and Pipelines Ltd. delivery revenues and will increase to 35% (maximum) effective February 1, 2024. For an average residential customer (using 115 GJs per year), this will result in an estimated annual increase of $20.72 from the average paid in 2023. The franchise fee currently accounts for approximately $170.15 of the average annual bill.
