The long, cold winter means some Ontario homeowners will likely be paying more for natural gas.
Enbridge has applied to the Ontario Energy Board to raise its prices for natural gas and says the average household will see an increase of $400 annually.
"Unfortunately, this winter has been so cold for so long that we've used up a lot of the lower cost gas we had in storage. We've needed to buy more gas than normal on the open market where prices have been very high," the company said in a customer update on its website.
Union Gas has also applied for a rate change, but it is about half of what Enbridge is asking for, spokeswoman Carrie Dudley-Tatsu said. In southern Ontario, the increase if approved would be about $204 annually, and in northern and eastern Ontario, the price would go up $192 annually.
The Ontario Energy Board will release a new rate schedule April 1.