NEWS RELEASE
December 16, 2008
UNION GAS LOWERS RATES
Declining Cost of Natural Gas Passed On to Customers
December 16 - Union Gas announced today that the Ontario Energy Board has approved a decrease in the rates Union Gas charges its customers for natural gas, which will go into effect on January 1, 2009. Residential customers who buy gas from the utility can expect an 8 percent decrease in their annual natural gas bill -- a $112 to $150 average annual savings, depending on location.
“This lower rate reflects what the company expects to pay for natural gas supplies over the next 12 months,” said Steve Baker, vice president, Union Gas.
Along with lower rates, Union Gas customers can realize even greater savings by taking steps now to improve the energy efficiency of their homes. Energy conservation is an investment that offers savings and environmental benefits that continue year-after-year.
In order to help customers save money on energy, Union Gas is offering a number of conservation programs this winter. More information, as well as conservation tips and tools are available on the company’s Web site at www.uniongas.com/energyefficiency.
About Union Gas
Union Gas is an integrated natural gas storage,
transmission and distribution company serving about 1.3 million
residential, commercial and industrial customers in more than 400
communities in northern, southwestern and eastern Ontario. The
company also provides storage and transportation services to other
utilities and energy market participants in Ontario, Quebec and the
United States. Union Gas is a Spectra Energy company.
* A typical residential customer in Union Gas’ service territory uses 2,600 cubic metres of natural gas a year for home and water heating. Savings are based on the annual bill for typical residential customers who buy their natural gas from the utility. The savings for customers who buy their gas supply from a marketer would depend on the contract rate.
CONTACT: Andrea Stass
Phone: (519) 436-5490