Enbridge seeks nearly 40 per cent hike to natural gas rates

Smart meters for all on the electricity side – on the gas side prices go up steeply in April because of expense in, primarily, February and early March.
People will be mad at their gas utility, but those utilities don’t make money on the commodity.  Perhaps anger should be turned on electricity sector decisions, and particularly coupling the early closure of coal-fired generation with heavy January exporting of gas-fired generation.

My initial summary of February figures for Ontario’s Electricity sector began: “February was a disaster for Ontario’s electricity consumers – but not nearly as bad as it will be for Ontario’s natural gas consumers.”  I should have noted I was referring only to large industrial, class A, electricity consumers.

Global News

OTTAWA – The harsh reality of this winter’s exceptionally cold weather is catching up to millions of natural-gas users in central Canada.

The natural-gas company Enbridge has applied to Ontario regulators for a nearly 40 per cent hike in the energy rates it charges customers, just one month after predicting that its massive storage capacity should mute any price increase.

But it has been so cold, for such an extended period, that the utility says it was forced to buy more natural gas – at a much higher cost – than expected.

“For a customer that does burn 3,000 cubic metres of gas a year, the increase for them is going to be in the order of $400,” said Enbridge energy supply and policy director Jamie LeBlanc.

Normally, such a household would typically pay roughly $1,000 annually for natural gas.

If approved by the Ontario Energy Board, the rate increase…

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