Union Gas Receives Ontario Energy Board Approval for Rate Changes Effective July 1, 2017

EnerlineInformation for Union Gas North Customers

Union Gas recently received approval from the Ontario Energy Board (OEB) for a change in its rates effective July 1, 2017. These changes were proposed to the OEB earlier this month as part of the Quarterly Rate Adjustment Mechanism (QRAM) and approved as filed.

July 2017 QRAM

QRAM is the mechanism Union Gas uses to review and adjust our rates for changes in natural gas prices. This is done every three months to reflect ongoing changes in the market price of natural gas and to adjust for the difference between the forecasted price of natural gas and actual price from prior periods.

Delivery Rates
The following changes to bundled delivery rates reflect quarterly updates to gas costs in delivery rates (compressor fuel, unaccounted for gas, and carrying costs of gas in inventory). This can be found on the "Delivery" line of the invoice.

 

Approved Delivery Rate Change (cents/m3)

Rate 20

0.0020

Rate 25

0.0094

Rate 100

0.0000


Rate 01 and Rate 10 Customers

Rate 01 and Rate 10 will also be changing effective July 1, 2017. Customers can find current information on these rates on our website or in the notice included with their July bill.

Balancing Transaction Fees

Balancing transaction fees will be updated effective July 1, 2017. For current rates, please see the Balancing Transaction Fee Schedule.

Full details of this application (EB-2017-0185) can be found on the Union Gas website.

Celebrating 75 Years of Dawn Storage

Seventy-five years ago, Union Gas pioneered the use of underground storage for natural gas in Ontario - a critical but largely unheralded innovation that to this day ensures Ontarians have a reliable source of affordable energy to get through cold winters.

It was in 1938 that geologist Dr. Charles S. Evans proposed using depleted natural gas reservoirs in the company's Dawn gas field for underground storage. On Oct. 28, 1942, natural gas was injected into a depleted reservoir at Dawn, marking the birth of Canada's first commercially successful underground storage.

Visit uniongas.com to learn more about the interesting history of the province’s natural gas industry and the role Dawn storage has played.

If you have any questions about this edition of Enerline, please contact your account manager.