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Natural gas bills could rise 50% this winter CBC \|\| October 26, 2005 Canadians who use natural gas to heat their homes may be paying between 20 and 50 per cent more by the time winter reaches its coldest days, industry insiders predict. Mike Cleland of the Canadian Gas Association says all parts of the country will feel the pain. "Depending on where you are, you're talking about increases anywhere, I guess, [from] maybe 20 per cent up to – in an extreme case – 50 per cent," he told CBC News. About half the homes in Canada are heated by natural gas. Article Posted at www.KnowledgeDrivenRevolution.com Prices have been steadily rising, in part because devastating hurricanes in the southern United States have restricted supplies this summer and fall. At the same time, utilities are increasingly using natural gas to generate power and more and more homes are hooking up. "I think that consumers are going to be surprised come January when they get their natural gas bills," said Brian Wikant, a senior officer with an Ontario company called RightRate, which sells consumers natural gas at a fixed price. Ontario is one of only four provinces that have deregulated natural gas sales. Wikant is predicting prices will probably include "a 25 per cent increase if I had to project from last winter to this winter." The futures market predicts an easing in prices by spring. Until then, low-income homeowners can count on some help from Ottawa with heating bills, though details of a subsidy program have yet to be announced. Others will have to shell out more to stay warm. There's also the option of renovating your house to make it more energy-efficient. That's what Shaun Good does for a living, and his consulting services are in big demand. "We've tripled our business in two months, because ... it's hitting the pocketbook," he said. "And that's what it needed to do – it needed to scare you." Home	Special Features Shill of the Week Coming Soon: Quote of the week Chicken Little Terror of the Week Propaganda of the week Weather
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Natural gas bills could rise 50% this winter

CBC || October 26, 2005

Canadians who use natural gas to heat their homes may be paying between 20 and 50 per cent more by the time winter reaches its coldest days, industry insiders predict.

Mike Cleland of the Canadian Gas Association says all parts of the country will feel the pain.

"Depending on where you are, you're talking about increases anywhere, I guess, [from] maybe 20 per cent up to – in an extreme case – 50 per cent," he told CBC News.

About half the homes in Canada are heated by natural gas.

Article Posted at www.KnowledgeDrivenRevolution.com

Prices have been steadily rising, in part because devastating hurricanes in the southern United States have restricted supplies this summer and fall. At the same time, utilities are increasingly using natural gas to generate power and more and more homes are hooking up.

"I think that consumers are going to be surprised come January when they get their natural gas bills," said Brian Wikant, a senior officer with an Ontario company called RightRate, which sells consumers natural gas at a fixed price.

Ontario is one of only four provinces that have deregulated natural gas sales. Wikant is predicting prices will probably include "a 25 per cent increase if I had to project from last winter to this winter."

The futures market predicts an easing in prices by spring.

Until then, low-income homeowners can count on some help from Ottawa with heating bills, though details of a subsidy program have yet to be announced. Others will have to shell out more to stay warm.

There's also the option of renovating your house to make it more energy-efficient.

That's what Shaun Good does for a living, and his consulting services are in big demand.

"We've tripled our business in two months, because ... it's hitting the pocketbook," he said. "And that's what it needed to do – it needed to scare you."

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Natural gas bills could rise 50% this winter

CBC || October 26, 2005

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