Your gas bill should be on the decline

Ontario Energy Board
News Release

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TORONTO - The Ontario Energy Board (the Board) approved changes to the rates Union Gas Limited (Union) charges its customers effective July 1, 2009.

The new rates reflect two recent decisions of the board.

First, the QRAM rates for the period July 1 to September 30th are as follows:

Northern rate zone

- Natural gas price cents/m(3): 20.4121

- Gas price adjustment cents/m(3): -8.0676

- Effective price cents/m(3): 12.3445

Northwestern rate zone

- Natural gas price cents/m(3): 20.2127

- Gas price adjustment cents/m(3): -8.0676

- Effective price cents/m(3): 12.1451

Fort Frances rate zone

- Natural gas price cents/m(3): 20.0550

- Gas price adjustment cents/m(3): -8.0676

- Effective price cents/m(3): 11.9874

Eastern rate zone

- Natural gas price cents/m(3): 20.5848

- Gas price adjustment cents/m(3): -8.0676

- Effective price cents/m(3): 12.5172

Southern rate zone

- Natural gas price cents/m(3): 20.5848

- Gas price adjustment cents/m(3): -5.2484

- Effective price cents/m(3): 15.3364

Depending on their location, consumers who purchase their natural gas directly from Union (system gas customers), and who use 2,600 cubic meters (m(3)) a year, will see their bills will decrease between $152 and $233 as a result of the QRAM.

Consumers who purchase their natural gas from a natural gas marketer (direct purchase customers) will see a decrease of between $0 and $13 to their annual bill.

Second, the board's decision regarding Union's earnings sharing amounts to a $34 million credit to customers. As a result of this decision, all consumers (both system gas customers and direct purchase customers) will see their bills decrease by between $11 and $18 for the period July 1, 2009 to December 31, 2009.

Full rate schedules are available on the Board's website.

The Ontario Energy Board regulates the province's electricity and natural gas sectors in the public interest.

It envisions a viable and efficient energy sector with informed consumers and works toward this vision through regulation that is effective, fair and transparent.

For more information on the board, please visit our website or contact the Consumer Relations Centre at 416-314-2455 or toll-free at 1-877- 632-2727.

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