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Fuel Cost Adjustment 220213 Form

Fuel Cost Adjustment 220213 Form

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Instructions and help about Fuel Cost Adjustment 220213 Form

when you receive your first power bill in a new calendar year you may notice a change in your energy rate wondering why it's because of nova scotia power's fuel adjustment mechanism a program regulated by the nova scotia utility and review board the fuel adjustment mechanism ensures your power bill accurately reflects the true fuel costs of producing electricity let's look at how it works many different forms of fuel are used by nova scotia power to produce electricity they include coal oil natural gas biomass wind and hydro when the cost of a fuel changes the cost of producing electricity may go up or down every year nova scotia power forecasts the fuel cost of producing electricity it's an estimate and like any estimate it may turn out to be too high or too low at year's end we tally up the actual fuel costs of producing power for the year then we use these actual numbers to calculate a new energy rate for the coming year your rate may go down or it may go up with fuel adjustment you

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