Energy
Ontario Energy Board Stakeholder Conference this week to tackle request for big rate increases
Sunday, Sep 20, 2009(PIAC 12/09/09)—This week, an Ontario Energy Board panel will study the request of Ontario’s natural gas and electricity distribution companies for higher rates to compensate their public and private ownership with a bigger return on investment. The request comes about as a result of the economic downturn and may mean that energy customers in Ontario could see rate increases to cover ...
Ontario Natural Gas Customers to Pay $100 Million More Annually to Texas-based Owner of Union Gas
Wednesday, Apr 16, 2008(Ottawa—16/04/08)— In a one sentence decision issued late yesterday, the Ontario Cabinet rejected an appeal by consumer groups, representing residential and industrial natural gas customers, of the May 22, 2007 Ontario Energy Board (OEB) decision confirming the deregulation of the natural gas storage industry in Ontario. The decision means Enbridge Gas customers, after a ...
Media Release: Union Gas Gobbles Up Ontario Storage Competitors
Wednesday, Nov 28, 2007For Immediate Release November 29, 2007 Recent announcements by Texas-based multinational corporation, Spectra Energy Inc., owner of Union Gas Limited, reveal that it intends to gobble up what little competition it currently faces from Ontario storage providers. The gas pools of Midway Petroleum Company located in Sarnia, Ontario as well as a controlling interest in storage gas pools to be ...
Media Release: Ontario Gas Customers Slam Billion Dollar Giveaway to Texas–Based Energy Corporation
Monday, Aug 13, 2007Attention News/Business Editors For Immediate Release August 22, 2007 OTTAWA/TORONTO – The McGuinty government is being asked to overturn an Ontario Energy Board (OEB) Decision that means that Union Gas’s Texas-based owners, Spectra Energy (formerly Duke Energy) will get to pocket an estimated billion dollars over a ten year period that would otherwise gone to their customers. In ...
Media Release: Consumer Groups appeal Ontario Energy Board¹s Billion Dollar Giveaway
Wednesday, Jun 20, 2007June 19, 2007 For Immediate Release Attention: News/Business Editors Consumer Groups appeal Ontario Energy Board¹s Billion Dollar Giveaway (OTTAWA)—The Vulnerable Energy Consumers Coalition, (VECC) together with the Consumers Council of Canada (CCC) and the Industrial Gas Users Association (IGUA) today appealed the decision of the Ontario Energy Board to allow Union Gas Limited ...