Enbridge Gas Inc. has applied to dispose of the balances in certain deferral and variance accounts.
If the application is approved as filed, a typical residential customer of Enbridge Gas Inc. will see the following one-time billing adjustment, effective October 1, 2021:
Residential Customer Bill Impacts
|Rate Classes||One-time billing adjustment, effective October 1, 2021|
|Enbridge Gas Distribution Rate 1||$5.30 (Credit)|
|Union Gas South Rate M1||$7.97 (Charge)|
|Union Gas North West Rate 01||$30.08 (Credit)|
|Union Gas North East Rate 01||$7.26 (Charge)|
Other customers, including businesses, may also be affected.
Enbridge Gas Inc. is required to share with customers any earnings that are 150 basis points over the OEB-approved return on equity. Enbridge Gas Inc. says that its 2020 earnings were below the 150 basis point threshold and as a result it is not proposing to share any earnings with customers.