THUNDER BAY -- The price of natural gas in Northwestern Ontario is going up 5.3 per cent on April 1.
Union Gas on Thursday said that represents an increase of about $50 annually. Customers in northeastern Ontario will see their average annual net increase go up by about $41, or 3.9 per cent. Southern Ontario residents will see a $20 yearly hike, a 2.9 per cent increase.
"It's important to not that overall, natural gas remains the most affordable and reliable clean-energy solution over the long-term for homes and businesses, said Jim Redford, vice-president of business development at the utility, in a release.
The company says it adjusts rates quarterly based on the market price of natural gas.
Enbridge Gas received approval from the Ontario Energy Board to increase its rates by one per cent on April 1, an $8 average annual increase.
