Enbridge Gas
Distribution Inc. ENB, a regulated natural gas
distribution utility, announced today that it has received approval
from the Ontario Energy Board (OEB) for new rates effective January
1, 2013.
For typical residential customers(i) who buy their gas supply and
transportation from Enbridge Gas Distribution, the changes will
result in an overall increase of approximately $65 annually. This is
primarily due to increased commodity costs. The impact also reflects
changes to Enbridge's 2013 rates.
Typical residential customers, who purchase their gas supply from a
marketer and obtain transportation services from Enbridge Gas
Distribution, will see an increase of about $6 annually. This is
primarily due to increased costs to transport and deliver natural gas. The impact also reflects changes to Enbridge's 2013 rates.
Effective January 1, 2013, Enbridge Gas Distribution's Gas Supply
Charge will increase from 10.7 cents per cubic metre ( cents/m3) to
12.8 cents/m3. The Cost Adjustment includes a refund on Gas Supply
of 2.1 cents/m3. Combined, these result in an effective Gas Supply
Charge of 10.7 cents/m3.
Enbridge Gas Distribution does not earn a profit on the price of
natural gas. Gas supply costs are passed through to customers without
any mark-up. Any difference between forecast costs and actual prices
is either collected from or returned to customers through a Cost
Adjustment.
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