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9 hours ago · View past natural gas rates. How often does the Ontario Energy Board set new rates? We set rates for the natural gas that you use (supply) 4 times a year. Natural gas is a commodity that is traded on North American markets. Market prices rise and fall based on current supply and demand. Major weather events can also affect the market price.
The Ontario Energy Board (OEB) has approved new natural gas prices for Enbridge Gas Inc. (Enbridge) and EPCOR Natural Gas Limited Partnership’s (EPCOR) customers to take effect October 1, 2022.
Current and Future Conditions Affecting Ontario’s Natural Gas Market. Most major natural gas producers and marketers have entire departments dedicated exclusively to seeking a competitive edge by finding or interpreting news, weather, and industry data to anticipate price movements.
Jul 4, 2022 · The rate most customers pay for natural gas in Ontario rose as of July 1, with an approximately 20 per cent increase for Enbridge customers in this corner of the province.
The Ontario Energy Board (OEB) sets the rates four times a year for the gas you use based on the commodity price of natural gas on the market. Market prices change due to supply and demand, as well as weather.
May 29, 2023 · About 3.8 million residential customers in Ontario use natural gas for home heating, water heating and cooking. Their needs are met with 114,000 km of transmission and distribution pipelines across the province.
Feb 17, 2023 · Residential customers in Toronto and surrounding area who buy natural gas from the utility will see a decrease in their natural gas bills of about $119 per year or about eight percent of...
