TORONTO, Sept. 20, 2011 /CNW/ - Today the Ontario Energy Board approved
changes to the natural gas commodity prices Natural Resource Gas
Limited (NRG) charges its customers effective October 1, 2011.
An average residential consumer who buys natural gas directly from NRG
and uses 2,003 cubic meters (m3) a year will pay approximately $5 less per year. The changes reflect the
cost of natural gas NRG forecasts it will have to pay over the next 12
months. This includes removing rate riders that were approved in NRG's
last distribution rates and charged on consumer bills.
The Board reviews the natural gas commodity rates NRG charges its
customers every three months and adjusts them if necessary.
For more detailed information about this announcement visit our website
Historical natural gas price information can be found at http://www.ontarioenergyboard.ca/OEB/Consumers/Natural+Gas/Natural+Gas+Rates/Natural+Gas+Rates+-+Historical
The Ontario Energy Board regulates the province's electricity and
natural gas sectors in the public interest. It envisions a viable and
efficient energy sector with informed consumers and works toward this
vision through regulation that is effective, fair and transparent. For
more information on the Board, please visit our web site at www.ontarioenergyboard.ca or contact the Consumer Relations Centre at 416-314-2455 or toll-free
at 1-877- 632-2727.
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SOURCE Ontario Energy Board
For further information:
Ontario Energy Board