Adjustments to MCN access fees
MCN’s operating costs have risen significantly in the last 5-6 years while the cost of access has remained essentially fixed. Rates are in fact cheaper today than they were back in 2017 as a result of a promotional discount scheme that was later fixed in place. These prices are no longer sustainable in the face of rising utilities and the inflated cost of goods/services that we’re seeing worldwide. As such, commencing with the August billing cycle, MCN instrument rates increase by approximately 20%, bringing us back in line with 2017 levels. The expectation going forward will be that regular adjustments are made in tandem with relevant economic factors — see revised pricing policy here for details.