Why have Gas Supply prices changed?
The forecast Gas Supply price has decreased slightly due to lower natural gas prices in the North American market. Natural gas is a commodity and as such is subject to fluctuations in price based on supply and demand. Enbridge Gas Distribution’s prices are based on a forecast of what we anticipate paying for gas over the next 12 months. Every three months, we review our forecasts and adjust our gas supply prices to reflect market changes. If our forecasts are over or under, we refund or collect the difference from customers through Cost Adjustments. Customers pay the same price we pay for natural gas.