TORONTO – Enbridge Gas Distribution Inc. (TSX:ENB) (NYSE:ENB) says it has received approval from the Ontario Energy Board to change rates effective July 1.
For residential customers who buy their gas supply and transportation from Enbridge, the changes will result in an overall increase of around $32 annually.
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Residential customers who purchase their gas supply from a marketer and obtain transportation services from Enbridge, will see a decrease of about $7 annually.
Enbridge says the total effect on a customer’s bill depends on how much gas a customer uses.
Effective July 1, Enbridge’s gas supply charge will increase from 13.98 cents per cubic metre to 14.93 cents per cubic metre. The cost adjustment includes a refund on gas supply of 1.85 cents per cubic metre. Combined, these result in an effective gas supply charge of 13.08 cents per cubic metre.
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Enbridge Gas Distribution and its affiliates distribute natural gas to about 1.9 million customers in Ontario, New York State, New Brunswick and southwestern Quebec.
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