(April 12, 2018) How does the application from Ontario’s two largest gas utilities to merge compare to other mergers from around North America? Read Energy Probe Research Foundation’s evidence submitted to the Ontario Energy Board.
Ontario’s two largest natural gas distributors – Enbridge and Union – are applying to the Ontario Energy Board (OEB) to merge their operations. As part of the application, the two utilities, which are responsible for delivering gas to nearly all consumers in Ontario, are relying on incentives that the OEB and the province have implemented in order to encourage consolidation among the province’s many – hundreds at one point in time – of electricity distributors.
Energy Probe Research Foundation has submitted evidence as part of the hearing, comparing what the two gas utilities are proposing in this application to that presented before other regulatory bodies across North America.