CHATHAM, ON, Jan. 19, 2018 /CNW/ - Union Gas announced today that the Ontario Energy Board has approved a change in the rates its customers will pay effective Feb. 1, 2018 for natural gas distribution, transmission and storage.
Residential customers in southern Ontario who buy gas from Union Gas will see a bill increase of about $91 a year. Residential customers in northern and eastern Ontario served by Union Gas will see bill increases ranging between about $111 and $141 per year depending on location.
The changes include adjustments in delivery rates to recover the expected costs to store and deliver natural gas to homes and business and adjustments in transportation rates to reflect changes in the cost of transporting natural gas.
This increase follows two successive rate decreases in Oct. 2017, and Jan. 1, 2018, to adjust for the reduced market price of natural gas. Combined, those adjustments resulted in bill reductions of between $45 and $79 (depending on location), for an average residential customer using 2,200 m3 of natural gas a year. Despite the current increase, natural gas continues to be the most affordable energy solution for homes and businesses.
Natural gas distribution, transmission and storage rates are adjusted once a year, subject to approval by the Ontario Energy Board, which conducts a public review process. These rates will remain in effect from Feb.1 through Dec. 31, 2018. To understand how Union Gas sets its rates, refer to the following videos.
Union Gas provides a range of tools and education to give consumers the power to take control and manage their energy use. To learn more visit uniongas.com/residential/save-money-energy.
1Average residential household using 2,200 m3 of natural gas per year
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 1.5 million residential, commercial and industrial customers in more than 400 communities across Ontario. Union Gas, an Enbridge Company - one of Canada's Top 100 Employers for 2018 - has assets of $8.2 billion and approximately 2,300 employees. For more information, visit uniongas.com or find us on Twitter: twitter.com/uniongas, Facebook: facebook.com/uniongas; and YouTube: youtube.com/user/uniongas.
Andrea Stass, Union Gas
Manager, External Communications and Media Relations
Ph: 519 436-5490 or 1-800-571-8446 ext. 5005490
Cell: 519 365-1010
SOURCE Union Gas Limited