INS-20-016 - Natural Gas Rates
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Reports - 01-08-003
INS (Dec 2010-Pres)
INS-20-016 - Natural Gas Rates
10/9/2020 9:34:43 AM
10/9/2020 9:34:42 AM
Date of Report
Date of Meeting
CIS Agenda - 2020-10-19
\Public Access Folders\Agendas\Standing Committees - 02-01-243\Comm & Infra Serv\2020
CIS Minutes - 2020-10-19
\Public Access Folders\Minutes\Standing Committees - 02-01-241\Comm & Infra Serv (Dec 2010-Pres)\2020
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REPORT TO:Community & Infrastructure Services Committee <br />DATE OF MEETING:October 19, 2020 <br />SUBMITTED BY:Greg St. Louis,Director of Utilities, 519-741-2600 ext. 4538 <br />PREPARED BY:Greg St. Louis, Director of Utilities, 519-741-2600 ext. 4538 <br />WARD(S) INVOLVED:All <br />DATE OF REPORT:October 8, 2020 <br />REPORT NO.:INS-20-016 <br />SUBJECT:NATURAL GASRATES <br />___________________________________________________________________________ <br />RECOMMENDATION: <br />That Kitchener Utilities’ natural gas rates be approvedas proposed in report INS- <br />20-016 - Appendix A, for all Kitchener delivery customers effective November 1, <br />2020. <br />BACKGROUND: <br />Kitchener Utilities provides safe, reliable and economical natural gas. A balanced <br />approach to mitigate rate risks and provide rate stability for the gas supply program is <br />followed. Kitchener Utilities natural gas rates have twocomponents: gas supply,andgas <br />delivery.The gas supply program is responsible for the purchase of the gas commodity <br />and transportation of natural gas to Kitchener andis a pass-through cost program. The <br />delivery program is responsible for delivery of natural gas to customers. This includes <br />billing, meter reading, capital, maintenance and operating costs of the distribution system. <br />The following are key highlights of this natural gas rate change report: <br />Kitchener Utilities is able to keep the natural gas supply rate stable at the <br />current rate forsystem gas customers; <br />The delivery components of the proposed natural gas ratesarerecommended <br />to change as proposed in Appendix A; <br />An average residential customer will see an overall rate increase of less than <br />stst <br />a dollar per monthor 1.5%, for the period November 1, 2020to October 31, <br />2021 with the proposed rate change. <br />REPORT: <br />Kitchener Utilities’ natural gas rates are set annuallyin October to provide certainty to gas <br />consumers on natural gas rates as the heating season begins.There are two components <br />associated with natural gas rates – gas supply and gas delivery. <br />*** This information is available in accessible formats upon request. *** <br />Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. <br />4 - 1 <br />
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