Energy is a big part of your operating costs, and it is important to keep it under control. Reducing your energy bill means more money for your business. The price of natural gas is 30% cheaper than electricity and 52% cheaper than oil. These savings could mean a chance to reinvest in your business to increase your productivity.1
Many people are not aware that Gaz Métro does not make any profit on the price of the natural gas it supplies. The only service on which Gaz Métro is authorized to make a profit is distribution. The price of the natural gas supplied and the compressor fuel used to run the compressors that push the natural gas through the transmission network are the only two components of your bill that are subject to monthly fluctuations. They account for about 35 to 40% of the gas bill of a business customer that consumes between 15,000 m3 and 50,000 m3, the consumption of an average-sized business.
Gaz Métro has taken concrete steps to help manage monthly variations in the price of the natural gas it supplies. One of the tools Gaz Métro is the use of derivatives which are a way to reduce the effect of unexpected variations on the price of natural gas.
To manage all aspects of gas supply more effectively, Gaz Métro has also adopted a portfolio approach to gas purchases, actually buying from many different suppliers in order to diversify its sources geographically. Just one of the ways Gaz Métro makes sure its customers enjoy the best price possible.
|Nov 1, 2014||Dec 1, 2014|
|Natural gas supply|
Natural gas has been less expensive than electricity for 15 years, and less than fuel-oil for 9 years. Lower your energy bill by installing natural gas equipment. Not only is natural gas more powerful than electricity or fuel-oil, it also costs less.
The price of natural gas is 30% cheaper than electricity and 52% cheaper than fuel-oil. What's more, the financial markets agree* that its price will stay low for the next 10 years.1
The natural gas bill is composed of five services: natural gas supply, compressor fuel, transportation, load balancing and distribution. The only two services that are subject to monthly price variations, the natural gas supply and the compressor fuel, can be stabilized with the fixed price service.If you are looking for budget stability then the fixed price service is for you.
About the fixed price service
The fixed price supply service is offered by natural gas suppliers. You can choose between the variable price offered by Gaz Métro or the fixed price. The fixed price service can meet your need for financial stability since it targets the two most volatile services of your gas bill. You'll know in advance what price you'll pay for the natural gas supply and the compressor fuel. It can be compared to a fixed-rate mortgage. The main objective of the fixed price service is budget stability and not making savings. This service is offered to customers, like you, who consume a minimum of 7,500 m³ and a maximum of 1,168,000 m³ per year.
How does it work?
Who are participating suppliers?
1 Percentages are obtained by calculating the difference between an annual bill for natural gas compared to one for the other energy source. Statistics for a consumption volume of 41,500 m3 per year, 85% heating and 15% process or hot water.