OEB approves commodity price changes for Natural Resource Gas Limited

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 at http://www.ontarioenergyboard.ca/OEB/Consumers/Natural+Gas/Natural+Gas+Rates

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:

Media Inquiries
Vanda Wall
Ontario Energy Board

Public Inquiries
Or 1-877-632-2727


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