Increase due to rising North American natural gas prices
CHATHAM, ON, March 23, 2017 /CNW/ - Union Gas announced today that it has received approval from the Ontario Energy Board to change the rates its customers will pay for natural gas effective April 1, 2017.
Residential customers in North West Ontario who purchase natural gas from Union Gas will see an annual net increase of about $50 which represents an increase of about 5.3 percent of their natural gas bill and customers in North East Ontario will see an annual net increase of about $41 which represents an increase of about 3.9 percent. Residential customers in Southern Ontario who purchase natural gas from Union Gas will see an annual net increase of about $20 which represents an increase of 2.5 per cent.
"It's important to note that overall, natural gas remains the most affordable and reliable clean-energy solution over the long-term for homes and businesses," remarked Jim Redford, vice-president, business development, storage and transmission, Union Gas.
Union Gas adjusts customer rates quarterly to reflect changes in the market price of natural gas supplies, which are passed through to customers without mark-up. For more information on natural gas rates, watch the following videos.
One of the best ways to manage energy costs is by improving the energy efficiency for homes or businesses and Union Gas is committed to help through energy-saving advice, incentives and rebates. For example the Union Gas Home Reno Rebate offers qualified residential customers up to $5,000 in rebates for energy-efficiency assessments and renovations that can significantly lower their energy costs. More information is available at:
Eligible Union Gas customers having trouble paying their natural gas bill may qualify for emergency financial assistance toward past-due bills. Assistance is available year-round as funding allows. Learn more about the Energy Assistance Program at uniongas.com/energy-assistance-program.
About Union Gas
Union Gas Limited is a major Canadian natural gas storage, transmission and distribution company based in Ontario with over 100 years of experience and service to customers. The distribution business serves about 1.4 million residential, commercial and industrial customers in more than 400 communities across Ontario. Union Gas is one of Canada's Top 100 Employers for 2017, and has assets of $7.2 billion and approximately 2,300 employees. Union Gas is committed to building long-term productive relationships with members of the First Nation and Métis communities based on mutual respect and economic opportunity. For more information, visit uniongas.com or find us on Twitter: twitter.com/uniongas, Facebook: facebook.com/uniongas and YouTube: youtube.com/user/uniongas.
SOURCE Union Gas Limited
For further information: Union Gas Limited, Andrea Stass, Manager, External Communications and Media Relations, Ph: 519 436-5490 or 1-800-571-8446 ext. 5005490, Cell: 519 365-1010, [email protected]