Monday, March 17, 2014

Natural Gas Price Hike Possible

Union Gas customers could be in line for a significant increase in their natural gas costs.

An application before the Ontario Energy Board proposes a rate increase that would see Union Gas users in northern Ontario pay about $190 more over a 12 month period.

Projected increases in Union Gas' purchasing and transporting costs are cited as the reasons.

If approved, new rates would take effect April 1.