#FinancialFridays: As temperatures begin their descent downwards, natural gas rates are on the rise. Are you prepared?
As temperatures begin their descent downwards, Natural Gas rates are on the rise effective October 1st, 2020.
Enbridge Gas has received approval from the Ontario Energy Board for changes in the rates customers pay for natural gas. A typical residential customer will see a bill increase of about $7 to $44 a year depending on where they live, starting October 1, 2020. Natural gas rates are adjusted each quarter to pass through, without mark-up, forecasted changes in the market price of natural gas supplies.
Enbridge Gas recognizes that these are challenging times for many families and they are offering programs to help homes and businesses manage their natural gas bills.
These programs include:
- Enhanced payment plans
- Equal Monthly Payment Plan (EMPP)
- Low Income Energy Assistance Plan (LEAP): call 1-855-487-5327
- Energy conservation programs
- Government assistance (Covid-19 Energy Assistance Program (CEAP)
Find out more at:
Ontario Energy Board (OEB):
Head and Hands:
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