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The Information on this Page Applies to:
Effective October 1, 2023, the price of gas and gas transportation will be increasing from $0.005591 per cubic meter to $0.163574 per cubic meter. The Ontario Energy Board has approved this change to reflect the prices that EPCOR expects it will be paying to suppliers through to the end of September, 2024.* On your gas bill this cost is on the line titled “Gas Commodity”.
That will depend on the amount of gas you use. For a typical residential customer who consumes approximately 2,150 cubic meters of gas annually, this price change will increase your heating costs by approximately $12 per year. For customers who have arranged to have their gas supplied by a gas marketer/broker, the price may or may not change depending on the terms of the contract the customer has with the gas marketer/broker.
*Note: Transportation costs refer to costs to get gas into the system; delivery costs refer to the costs to get gas to a specific property. As a regulated utility, EPCOR is permitted to recover what it pays for the purchase of gas plus any costs reasonably associated with this purchase, but with no mark up or ‘profit’. The price on your bill is based on forecasted gas and transportation costs, which are reviewed by the OEB and reconciled with actual costs. The gas portion gets adjusted regularly throughout the year as the price of gas changes.
Effective October 1, 2023, the price you are charged for gas and transportation will be decreasing by $0.003633 per cubic meter to $0.229411 per cubic meter. The Ontario Energy Board has approved this change to reflect the prices that EPCOR expects that it will be paying to its gas suppliers through to the end of September, 2024.* On your gas bill this cost is on the line entitled “Gas Commodity”.
That will depend on the amount of gas you use. For a typical residential customer who consumes approximately 1,780 cubic meters of gas annually, the gas commodity and transportation price change will cause your heating costs to decrease by approximately $6 per year. For customers who have arranged to have their gas supplied by a gas marketer/broker, the price may or may not change depending on the terms of the contract the customer has with the gas marketer/broker.
*As a regulated utility, EPCOR is permitted to recover what it pays for the purchase of gas plus any costs reasonably associated with this purchase but with no mark-up or ‘profit. The price you are charged is based on the forecasted gas and transportation costs to EPCOR, which are periodically reviewed by the OEB and reconciled with actual costs. The gas commodity portion gets adjusted regularly throughout the year as the price of the gas commodity changes.
Please note, in the month following the change you will see two lines on your bill - one showing the old rate and one showing the new rate.
If you have any questions about the changes in rates or any other item that appears on your bill, please feel free to call our office at 1-888-765-2256.
Thank you for choosing to make natural gas your energy of choice.
Thank you for choosing to make natural gas your energy of choice.