Natural gas rates on the way up

Good thing the cold weather is coming to an end, because it's going to become more expensive to heat our homes.

The Ontario Energy Board has approved natural gas rate hikes that go into effect April 1st.

Enbridge customers will see increases of about $8.00 a year, union gas customers about 20 bucks more and Natural Resource gas customers $10.00.

In its decision the OEB says the large increases are mostly due to previous credits expiring.
It says that in the case of ``exceptionally large rate increases'' the OEB can consider some rate mitigation measures, but in this case the threshold was not met.