Enbridge Gas advocates for a collaborative approach that recognizes the complementary roles of natural gas and electric systems in meeting Ontario’s energy needs, Malini Giridhar writes.
Enbridge Gas advocates for a collaborative approach that recognizes the complementary roles of natural gas and electric systems in meeting Ontario’s energy needs, Malini Giridhar writes.
The Ontario Energy Board (OEB) decision and Bill 165 have resulted in the reporting of disinformation, as evidenced this week by two recently published opinion pieces.
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We would like to set the record straight.
In regard to the recent OEB decision, the correct rate impact of all matters is approximately two per cent, less than $25 per year for the average customer for 2024. Rate impacts beyond 2024 are unknown as they have not been determined or approved by the OEB.
Contrary to what was stated in opinion pieces, Bill 165 would not have the effect of subsidizing Enbridge Gas in any form. Enbridge Gas does not receive direct subsidies or taxpayer money from the Government of Ontario, unlike the electricity sector.
In actuality, Enbridge Gas’ existing customers are protected under EBO-188 which prevents existing natural gas customers from subsidizing the cost of new natural gas connections. The policy ensures that new customers pay for the cost of new infrastructure that benefits them over a defined time period through their rates.
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The demand for natural gas will continue to play an essential role in Ontario’s energy transition. Enbridge Gas frequently receives requests to expand its services, with the aim of delivering cost-effective and reliable energy solutions that stimulate economic progress. Ensuring the safety and reliability of existing infrastructure while fostering strategic investments in energy infrastructure is paramount.
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Enbridge Gas advocates for a collaborative approach that recognizes the complementary roles of natural gas and electric systems in meeting Ontario’s energy needs. A supportive regulatory environment is essential to incentivize critical energy investments to support housing, economic development and energy infrastructure.
As the Government of Ontario deliberates Bill 165, it is imperative to consider the broader implications and strive for a balanced approach that supports the long-term sustainability and prosperity of the province.
Enbridge Gas remains committed to working collaboratively with stakeholders and advocating for customer choice, affordability, reliability and sustainability on behalf of Ontarians, now and into the future.
