Gas Price Increase?

foggy_lad

i notice on my gas bill (that arrived late) there are two different readings for gas,

the first one is for 42cubic metres/470kWh @11.1903

then under that is another reading for 206cubic metres/2364kWh @11.4772



this is hard to understand when there was supposed to have been a reduction of 8% on 6th of january.
http://www.breakingnews.ie/ireland/gas-price-reduction-confirmed-440927.html

IrishTonyO

My last gas bill for Oct-Nov was at 11.4772

slimjimmc

Only the announcment of the 8% reduction was made on 6th January, the price change itself didn't occur until 1st Feb.
http://www.bordgaisenergy.ie/help-and-questions/home/gas/price-decrease/

The conversion factor has nothing to do with price as it represents the calorific value of the gas supplied. If at any time Bord Gáis Energy source their gas from a different gas field the calorific value could change which is what you're seeing. A higher conversion factor would indicate that 1m3 of that particular gas supply had a higher calorific value and therefore contained more energy (kWh) than a source with a lower conversion factor.

foggy_lad

slimjimmc wrote: »

Only the announcment of the 8% reduction was made on 6th January, the price change itself didn't occur until 1st Feb.
http://www.bordgaisenergy.ie/help-and-questions/home/gas/price-decrease/

The conversion factor has nothing to do with price as it represents the calorific value of the gas supplied. If at any time Bord Gáis Energy source their gas from a different gas field the calorific value could change which is what you're seeing. A higher conversion factor would indicate that 1m3 of that particular gas supply had a higher calorific value and therefore contained more energy (kWh) than a source with a lower conversion factor.

thanks that explains it. so i just kept myself too warm over the last two months:(

dudara

As another poster has said, the conversion factor varies over time and represents the average 'quality' of the gas supplied in that period. The calorific (or heat) content of gas varies and is priced accordingly. You might use the same volumes in two months, but they could have different conversion factors.