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

FactslineUnion Gas recently received approval from the Ontario Energy Board (OEB) for a change in its rates effective Oct. 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.

October 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.

Information for Union Gas North customers

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

(0.0118)

Rate 100

(0.0002)

 
Rate 01 and Rate 10 Customers

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

Information for Union Gas South customers

 

Current Utility Sales  (cents/m3)

New Approved Utility Sales (cents/m3)

Change (cents/m3)

Gas Commodity Rate

16.2902

13.7312

(2.5590)

Gas - PriceAdjustment

3.1803

3.4547

0.2744



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 M4

(0.0391)

Rate M5A

(0.0374)

Rate M7

(0.0406)

Rate M9

(0.0360)

Rate M10

(0.0513)


Rate M1 and Rate M2 Customers

Rate M1 and Rate M2 will also be changing effective Oct. 1, 2017. Customers can find current information on these rates on our website or in the notice included with their October bill.

Balancing Transaction Fees

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

Full details of this application (EB-2017-0278) can be found on the Union Gas website.

If you have any questions about this edition of Factsline, please contact Patrick Boyer.

Patrick Boyer (519) 436-5470   Cell (519) 436-4915   Email: pboyer@uniongas.com