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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. Sep 16, 2021 · Natural gas prices have climbed to some of their highest levels in years, with the increases expected to ripple into people's gas bills as winter fast approaches.

    • GDP Decreases Sharply in 2020 and Rebounds Description. This chart illustrates the short-term macroeconomic impact of COVID-19 through real GDP and GDP growth trends from 2018 to 2025.
    • End-use Demand Declines in All Sectors in the Evolving Scenario Description. This chart compares total end-use demand annual average growth rates by sector.
    • End-Use Energy Consumption Peaks in 2019 and Declines over the Long Term in the Evolving Scenario Description. This chart breaks down total end-use demand by sector.
    • End-Use Energy Demand Trends Vary by Sector and By Fuel Description. These four charts break down fuel demand for each sector throughout the projection period in the Evolving Scenario.
  3. 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.

  4. 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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  6. Enbridge Gas - Union North East Rate Zone. The commodity rates for Union North East include a portion of the transportation costs. Date. Commodity. price (¢/m³) Gas cost. adjustment (¢/m³) Effective. price (¢/m³) *.

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