Natural Gas Rates Set To Rise In Ontario

Natural gas rates are going up April 1 for customers in Ontario, particularly for those served by Union Gas.

The Ontario Energy Board has approved rate increases for Union Gas that will see the average customer in southern Ontario pay a little more than $20 more per year.

In its decision, the OEB says the large increases are mostly due to previous credits expiring.

Despite the rate changes, the board says overall, customers are still paying significant less than they were at peak periods in 2009 and 2014, when natural gas costs were higher in Ontario due to high market prices and unusually cold weather.

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