Union Gas Decreases Natural Gas Rates Effective October 1, 2017

CHATHAM, ON, Sept. 21, 2017 /CNW/ - Union Gas has received approval from the Ontario Energy Board to decrease its rates for natural gas customers effective October 1, 2017.

Residential¹ customers who buy natural gas from Union Gas will see the following changes:

• Southern Ontario – a decrease of $4.25 a month ($51 a year), or about a 6 per cent decrease of the total natural gas bill. 
• North East Ontario - a decrease of $5.50 a month ($66 a year), or about a 6 per cent decrease of the total natural gas bill.
• North West Ontario – a decrease of $1.75 a month ($21 a year), or about a 2 percent decrease of the total natural gas bill.

These rate changes mean the average annual bill for a residential household is between $812 and $1065 depending on location; (South: $812, North West: $971; North East: $1065). To view current rate information by postal code, visit uniongas.com/residentialrates.

"As we head into winter months, this rate adjustment will be welcome news to Union Gas customers," said Jim Redford, vice-president, business development, storage and transmission, Union Gas. "Natural gas is the logical choice for energy savings and is by far the most abundant and affordable energy fuel year-round." 

Natural gas is a commodity and customer rates are adjusted quarterly, without mark-up, to reflect changes in the market price of natural gas supplies. The cost of heating a home and hot water with natural gas continues to remain significantly lower than electricity, oil or propane. To understand how Union Gas sets its rates, refer to the following videos.

Union Gas is committed to improving energy efficiency and cost savings through a range of tools and education to help customers manage their energy use. For example, the Home Weatherization Program helps income-eligible customers receive free home improvements. This program has helped over 9,700 Ontario households save money and energy.

Learn more about Union Gas energy savings programs at:

• Residential: uniongas.com/savemoney
• Business: uniongas.com/savemoneyandenergy

About Union Gas
Union Gas Limited is a major Canadian natural gas storage, transmission and distribution company based in Ontario with over 100 years of experience and service to customers. The distribution business serves about 1.5 million residential, commercial and industrial customers in more than 400 communities across Ontario. Union Gas is one of Canada's Top 100 Employers for 2017, and has assets of $8.2 billion and approximately 2,300 employees. For more information, visit uniongas.com or find us on Twitter: twitter.com/uniongas, Facebook: facebook.com/uniongas and YouTube: youtube.com/user/uniongas.

SOURCE Union Gas Limited