OEB overstepped

Re: Overriding the OEB, Letters, March 22

We appreciate the author’s perspective, but would like to provide additional information on Ontario Energy Board’s rebasing decision and its impact on Enbridge Gas customers and taxpayers.

Enbridge Gas recognizes the importance of reducing methane emissions and is committed to addressing our operational emissions while supporting the transition toward a green energy future. However, it is important to note natural gas plays a critical role in Ontario’s energy mix, with 30 per cent of the energy grid relying on this energy source, at a quarter of the cost of electricity. A sudden and complete transition away from natural gas would be expensive.

The OEB decision sets a course to eliminate natural gas from Ontario’s energy mix. In its role as an economic regulator that serves provincial energy policy, this was an overstep in its jurisdiction.

Contrary to assertions, the OEB policy, EBO-188, protects existing ratepayers from costs of expanding the natural gas system and ensures costs are borne by customers who benefit from new infrastructure. Bill 165 does not aim to raise heating prices for Ontarians; quite the contrary. Further, Bill 165 is not a subsidy but ensures the cost to connect is distributed over time.

It is important to consider the impact of OEB’s decision on families purchasing new homes, as this ruling could add up to $6,000 in upfront costs. It is critical to balance the need for affordable energy with the goal of reducing emissions.

Malini Giridhar, vice-president, business development and regulatory, Enbridge Gas Inc.