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Enbridge says natural gas bills will go down about $29 a year in Ontario

Enbridge president and CEO Al Monaco waits to address the company's annual meeting in Calgary, Wednesday, May 9, 2018.
Enbridge president and CEO Al Monaco waits to address the company's annual meeting in Calgary, Wednesday, May 9, 2018. THE CANADIAN PRESS/Jeff McIntosh

TORONTO – Enbridge Gas Distribution Ltd. says its typical Ontario residential customer’s natural gas bill will go down about $29 a year.

The gas distribution company says its received approval from the Ontario Energy Board for new rates starting next month.

READ MORE: Ontario government outlines arguments in lawsuit against federal carbon tax plan

The Ontario government’s cancellation of the cap and trade program will decrease rates by $80.

Higher transportation costs and natural gas prices, among other things, will partially offset those savings.

READ MORE: Ontario government promises public consultations on cap-and-trade after facing legal action

The company says the typical residential customer’s annual bill will be about $873.

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Enbridge distributes natural gas to more than two million customers in Ontario.