Enbridge applies to decrease rates effective April 1

A drop in natural gas prices could mean more money in your pocket after Enbridge announced Tuesday that it has applied to the Ontario Energy Board to decrease its rates.

If approved, the rate drop would be effective on April 1, 2015.

In a release, Enbridge said the move could potentially save the typical customer about $100 a year.

“The decrease is due to lower natural gas prices. Gas supply costs are passed through to customers without any mark-up – they pay what we pay,” said Jamie LeBlanc, Director of Energy Supply and Policy at Enbridge.

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