TORONTO, June 20 /CNW/ -
What: Residential natural gas costs will rise in Ontario this summer,
with the Ontario Energy Board today announcing net utility rate
increases of up to 45 per cent. The hikes coincide with increased
prices at the pumps, airline tickets and other commodities being
driven by the sky high price of oil.
While customers don't have the power to change the factors that
influence market prices - including weather, supply and demand -
they do have choices in how they buy their natural gas. Instead of
being forced to roll the dice and hope for the best, Ontario's
open, competitive natural gas market means consumers can sign a
contract for a stable price so they will know exactly how much
they'll be charged for the gas they use, each and every month.
Many customers have saved over time by choosing a plan with a
stable price - those who renewed their natural gas plans with
Direct Energy between 2004 and 2007 have saved an average of
Who: Clinton Roeder, Senior Vice President, Energy Services with Direct
Energy, is available to discuss:
- Causes of upward pressure on Ontario's gas prices for the years
- How long term contracts can help consumers manage fluctuating
- How a competitive energy market drives innovation, service and
long-term investment in infrastructure.
When: Clinton Roeder is available to comment on the above. Please
contact Alison Mullen at 416-355-7421 or alison.mullen@
ketchum.com to schedule a time.
For further information:
For further information: Alison Mullen at (416) 355-7421 or
firstname.lastname@example.org to schedule a time