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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.

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

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