Price adjustments do not apply to services provided by Retail Energy Marketers. To confirm the services you receive from your marketer, please review your contract.
No, Union Gas does not earn any profit from the sale of the natural gas commodity. We pass the cost of natural gas and the cost to transport that gas into our delivery area through to our customers without mark-up. The price we pay is the price our customers’ pay, and not a penny more.
As a distribution company we earn our income from the distribution and storage of natural gas. The rates we charge for these services are regulated by the Ontario Energy Board and have remained relatively stable for a number of years.
Natural gas is used to operate the transportation, storage and delivery systems. When the price of gas changes so does the cost of these services.