After a long, cold winter, Union Gas customers will feel the financial fallout in the near future.
The impact, according to spokesperson Andrea Stass, to Chatham-area customers will be about $17 a month on average.
“We had increased demand this winter, up about 20%. It caused the price to rise,” she said. “We do still have plentiful supplies, but because we did have to go out and buy more this year, we are adjusting our prices upward in April.”
Meanwhile Enbridge Gas has sought approval from the Ontario Energy Board to hike its rates by 40% after their storage pools were depleted.
Stass said the natural gas price hike is likely a short-term situation.
“We had a very unusual weather pattern,” she said of the frigid, long winter.
