Union Gas Receives Ontario Energy Board Approval for Rate Decreases Effective April 1, 2018

EnerlineInformation for Union Gas South customers

Union Gas recently received approval from the Ontario Energy Board (OEB) for rate decreases effective Apr. 1, 2018. These rate changes were proposed to the OEB earlier this month as part of the Quarterly Rate Adjustment Mechanism (QRAM) and approved as filed (EB-2018-0104).

April 2018 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.

 

 

Current Utility Sales   (cents/m3)

New Approved Utility Sales (cents/m3)

Change (cents/m3)

Gas Commodity Rate

13.6251

12.3167

(1.3084)

Gas - PriceAdjustment

2.2891

1.6160

(0.6731)



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 your invoice.

 

 

Approved Delivery Rate Change (cents/m3)

Rate M4

(0.0200)

Rate M5A

(0.0192)

Rate M7

(0.0211)

Rate M9

(0.0179)

Rate M10

(0.0243)


Rate M1 and Rate M2 Customers

Rate M1 and Rate M2 will also be changing effective Apr. 1, 2018. You can find current information on these rates on our website or in the notice included with your April bill.

Balancing Transaction Fees

Balancing transaction fees will be updated effective Apr. 1, 2018. For current rates, please see the Balancing Transaction Fee Schedule.

Full details of this application (EB-2018-0104) can be found on the Union Gas website.

Please contact your account manager if you have any questions about this edition of Enerline.