price of natural gas per cubic meter

Capacity constraint on the system, or portions of the system, or upstream systems, that are fully utilized; Conditions where the potential exists that forecasted system demand plus reserves for short notice services provided by the Company and allowances for power generation customers' balancing requirements would exceed facility capabilities and/or provisions of 3rd party contracts; Pressures on the system or specific portions of the system are too high or too low for safe operations; Storage system constraints on capacity or pressure or caused by equipment problems resulting in limited ability to inject or withdraw from storage; Pipeline equipment failures and/or damage that prohibits the flow of gas; Any and all other circumstances where the potential for system failure exists. Utilities deliver natural gas to your home or business and they also issue your bills. Your voice matters. The Company reserves the right to limit service under this schedule to customers whose maximum contract demand does not exceed 600,000 m³. Rate Transportation service under this Rate Schedule shall be provided on a firm basis, subject to the terms and conditions set out in the Tariff and this Rate Schedule. The Applicant is required to deliver to the Company on a daily basis the sum of: (a) the volume of gas to be delivered to the Applicant's Terminal Location; and (b) a volume of gas equal to the forecast unaccounted for gas percentage as stated above multiplied by (a). Rate Minimum Bill The conversion factor is 37.74 MJ/m³, which corresponds to Union Gas' System Wide Average Heating Value, as per the Board's RP–1999–0017 Decision with Reasons. If you have any questions regarding Rate 331 Transport, call the Enbridge Volume Planner at 780-420-8831 or Supply Management Services at 780-420-8850. The customers shall also pay any Load Balancing Agreement (LBA) charges imposed by the pipeline on days when the customer has a Daily Imbalance provided such imbalance matches the direction of the pipeline imbalance. 10,000 mmBtu = 283200 cubic meter 4.87 x 10,000 mmBtu = $4,8700 per NG contract $4,8700/283200 x 1000 = $171.96 per 1000 cubic meter Should just use the ratio 1:28.32, then use today's natural gas price divide 28.32, then multiple by 1000 to get the price in per 1000 cubic meter. Any gas deemed to be Unauthorized Supply Underrun Gas shall be purchased by the Company at a price (Pu) which is equal to fifty percent (50%) of the lowest price in effect for that day as defined below**. All deemed withdrawal quantities under the No-Notice Storage Service provisions of this rate will be adjusted for the UFG provisions applicable to the distribution service rates. For example, if the winter is colder or longer than expected, the utility may have to buy extra supply, likely at a higher cost. We do not set rates for Kitchener Utilities or Utilities Kingston. Requests beyond 5 days will constitute a request for a new Contract Demand level, with retroactive charges based on terms of Service Contract. Storage space shall be based on either of two storage allocation methodologies: (customer's average winter demand - customer's average annual demand) x 151, or [(17 x customers's maximum hourly demand) / 0.1] x 0.57. The specified order of deliveries shall be used to administer Load Balancing Provisions to each Terminal Location. Gas Commodity Charge (including quarterly adjustment) = 13.3077¢/m3, Annual Commodity Rate Impact for an Average Consumer (using 1,780 m3/year) = $7.00, Total Annual Bill impact for an Average Customer = $7.00. Gas Storage Information The specified order of deliveries shall be used to administer Load Balancing Provisions to each Terminal Location. Use our calculator to estimate your monthly natural gas bill. The volume of gas available for backstopping in any day shall be determined by the Company exercising its sole discretion. Operationally Available (Capacity) Customer may nominate gas to a contractually specified Primary Delivery Area that may be EGD's Central Delivery Area (CDA) or EGD's Eastern Delivery Area (EDA). When system conditions require delivery to a single Terminal Location only, nominations with different Terminal Locations may not be combined. 0.03842 = Conversion factor from GJ to cubic metres. Where system-operating conditions permit, the Company, in its sole discretion, may accept a Secondary Delivery Area as the Applicable Delivery Area by confirming the customer's nomination of such area. Customer shall nominate gas delivery daily based on the gross commodity delivery required to serve the customer's daily load plus the UFG, net of No-Notice Storage Service provisions under Rate 315, if applicable. The amount of gas delivered under No-Notice Storage Service will also be reduced by the UFG adjustment factor for delivery to the customer's meter. Effective Date Service under this rate is for Full Cycle or Short Cycle storage service; with firm or interruptible injection and withdrawal service, all as may be available from time to time. The customer may inject and withdraw gas based on the quantity of gas in storage and the limitations specified in the Service Contract. To the extent that this Rate Schedule does not specifically address matters set out in PARTS III and IV of the Company's HANDBOOK OF RATES AND DISTRIBUTION SERVICES then the provisions in those Parts shall apply, as contemplated therein, to service under this Rate Schedule. Any gas deemed to be Unauthorized Overrun gas shall be purchased by the customer at a price (Pe), which is equal to 150% of the highest price in effect for that day as defined below*. Review rider I, Rider J - Carbon Charge We’re protecting you. There has been an increase in temporary charges as a result of Enbridge Gas implementing rate changes approved by the OEB in other proceedings. The maximum hourly injections / withdrawals shall equal 1/24th of the daily Storage Demand. Terms and Conditions of Service Residential customers in this service area will see an overall increase to their annual bills. Excess Volume and Overrun Rates Any volume of gas taken by the Applicant on a day at the Terminal Location which exceeds the sum of: i. any applicable Load Balancing Demand pursuant to Rate 300 and/or provisions of Rate 315, plus Read the Rate Handbook to learn more about our gas rates. Review rider J. The Company may also deem volumes of gas to be Unauthorized Supply Overrun gas in other circumstances, as set out in the Load Balancing Provisions of Rate 300. Fuel Ratio Requirement Where a customer receives interruptible service hereunder and consumes gas during a period of interruption, such gas shall be deemed Unauthorized Supply Overrun. The customer shall nominate storage injections and withdrawals daily. The Fuel Ratio per unit of gas injected and withdrawn is 0.35%. The units rates stated below will apply to overrun volumes. All Services are available at the Company's sole discretion. Applies to all rates. The Tariff was approved by the Board in Board Order EB-2016-0028 available on the Company's website. See a description of all of the charges that appear on your natural gas bill. Unauthorized Demand Overrun gas shall also be subject to Unauthorized Supply Overrun provisions. The Company may also deem volumes of gas to be Unauthorized Supply Underrun gas in other circumstances, as set out in the Load Balancing Provisions of Rate 300. Market prices rise and fall based on current supply and demand. The development of natural gas prices for household consumers in the EU-27 since the first half of 2008 is presented in Figure 2. Natural gas provides great value and costs less than oil and electricity for home heating. Average natural gas prices per therm were about $1.32 in 2013, with a low of about $0.92 per therm in December and January, and a high of about $1.64 per therm in August. 6m 1y 5y 10y 15y 20y 25y 30y. Service shall be firm when used in conjunction with firm distribution service. To any Applicant who enters into an agreement with the Company pursuant to the Rate 332 Tariff ("Tariff"), as approved by the Board from time to time, for firm transportation service (FT Service) on its Albion Pipeline easterly from Parkway Enbridge Gas Transmission (Parkway EGT) to a new interconnect with the TransCanada PipeLines Limited Mainline at the Albion Road station. Storage not nominated for delivery will be available for No-Notice Storage Service. the volume of gas delivered by the Applicant on that day shall constitute Unauthorized Supply Overrun Gas. See what they’re asking for and why, and provide your comments online. We don’t allow utilities in Ontario to earn a profit on the sale of gas. The rates quoted above shall be subject to the Federal Carbon Charge (if applicable) and the Facility Carbon Charge(in addition to delivery charge) contained in Rider “J”. The following rates and charges shall apply in respect to all gas received by the Company from and delivered by the Company to storage on behalf of the Applicant. See also: Energy production and consumption statistics, See also: Commodities glossary - Definitions of terms used in commodity trading. EPCOR - Southern Bruce - Residential Rates (per month) effective October 1, 2020 (pdf).

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