Enbridge Gas 2024 Earnings and Rate Adjustments (EB-2025-0155)
Official title: 2024 Utility Earnings, Deferral and Variance Disposition
Enbridge Gas is asking the Ontario Energy Board to approve how it handled its 2024 earnings and various cost accounts. This includes clearing out deferral and variance accounts—basically, settling up the difference between what the utility collected from customers and what it actually spent. The decision could affect future gas rates for Ontario customers.
Why This Matters
Pay a gas bill in Ontario? This proceeding affects what you'll pay. When utilities over- or under-collect from customers, those amounts get settled through rate adjustments. Multiple consumer and industry groups have already intervened to represent different interests.
What Could Change
The OEB will decide whether to approve Enbridge's proposed disposition of deferral and variance accounts. This could result in rate riders—temporary charges or credits on customer bills—to true up past over- or under-collections. The decision also addresses how Enbridge's 2024 earnings compare to its allowed return.
Key Issues
- Should Enbridge's proposed disposition of deferral and variance accounts be approved?
- How should Enbridge's 2024 utility earnings be treated?
How to Participate
- Review the application and evidence filed by Enbridge Gas to understand the proposal.
- Read the Notice of Hearing for details on how to participate in this proceeding.