Enbridge Gas customers could see their bills go up in the next few years.
The natural gas company has applied to the Ontario Energy Board to change its distribution, transportation, and storage rates starting January 1, 2024.
If approved, the annual bill for residential customers in the region would go up $91, while commercial customers would see an increase of $1320 that year.
Customers in this area, the Union South zone, would see the largest increase in each of the utility’s four zones. The company would also like to consolidate the zones and establish a harmonized rate class, which would be phased in over two years, staring in 2024. If that portion of the plan is given the go-ahead, the approximate annual bill change for a typical residential and commercial customer would range from 0% to an increase of 1% effective April 1, 2025.
Enbridge has also applied for an incentive rate-setting mechanism to set natural gas rates in each of the years from 2025 to 2028, with a formula tied to inflation and other factors.
