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  1. Jul 1, 2024 · 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.

    • Reasons For Changes to Natural Gas Bills
    • About The QRAM
    • Additional Information and Resources
    • Programs to Support Natural Gas Customers
    • About The OEB
    • Contact Us

    QRAM Several factors give rise to the change in natural gas prices approved for Enbridge and EPCOR’s QRAM for the October 1 to December 31 period (October QRAM): 1. Natural gas prices remain high because of sustained global demand for North American liquefied natural gas and uncertainty in the global energy landscape. According to the U.S. Energy I...

    Natural gas is a commodity that is bought and sold on North American energy markets. At any given time, its price fluctuates based on a variety of factors including supply and demand, seasonal changes, levels of stored natural gas, and major weather events. Enbridge and EPCOR update their forecast of market prices every three months and use that fo...

    Find out about natural gas ratesfor supply, and why they vary throughout the year.
    Approached by a retailer? Before you enter into an energy contract for natural gas, be sure to do your homework.

    A number of programs are available to support energy consumers. 1. Low-income Energy Assistance Program (LEAP) This program provides a grant towards a customer’s electricity and/or natural gas bill if they’re behind on their bill and may face having their service shut off. It is for emergency situations. 2. Rules to protect low-income customers Ele...

    The OEB is the independent regulator of Ontario’s electricity and natural gas sectors. It protects the interests of consumers and supports the collective advancement of the people of Ontario. Its goal is to deliver public value through prudent regulation and independent adjudicative decision-making which contributes to Ontario’s economic, social an...

    Media Inquiries Phone: 416-544-5171 Email: oebmedia@oeb.ca Consumer Inquiries 416-314-2455/1-877-632-2727

  2. Jun 16, 2022 · Enbridge updates its forecast of market prices every three months and uses that forecast to seek the OEB’s approval of its proposed changes to natural gas commodity prices. These proposed changes cover: Future costs: This is based on a forecast of market prices for natural gas over the next 12-month period.

  3. Dec 31, 2017 · Canada Natural Gas Prices is at a current level of 2.753, up from 1.582 one year ago. This is a change of 74.09% from one year ago. In depth view into Canada Natural Gas Prices including historical data from 1990 to 2020, charts and stats.

    Date
    Value
    December 31, 2021
    2.753
    December 31, 2020
    1.582
    December 31, 2019
    1.268
    December 31, 2018
    1.182
    • Energy
    • 1.582
    • 74.09%
  4. Spot price of Natural Gas is the current price at which Natural Gas can be bought or sold. It is the wholesale price that is quoted if you wanted to buy Natural Gas today. The price is quoted per Million BTUs of energy.

  5. Current and Future Conditions Affecting Ontarios 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.

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  7. Natural Gas Statistics. This data portal brings together charts of key ‘time series’ information on the natural gas industry in Canada, the United States and North America. A range of information is available including natural gas sales, natural gas prices, heating degree days, and storage.

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