How much of a negative impact do you feel this will have on gas technicians in general?
I know everybody still needs their furnace and water heater. Certainly in Ontario, most consumers know hydro (with F'd up billing practices) is through the roof and they will likely remain on NG.
But what about many households where customers may have second thoughts on future items? such as a gas BBQ, dryer, fireplace, range, fire pit, pool heater, etc...
How bad do you think it may get for gas technicians when average customers suddenly slam their wallets shut just to make it by with what they already have?
I don't know about anyone else, but I can easily see millions of dollars lost in our pockets so that the greedy CEO's and scumbag politicians can keep getting richer.
Am I wrong in thinking that Enbridge would have to apply to raise the Gas prices, Just like Nuclear has to apply to raise Electrical prices?
The increase needs to be reviewed by the Ontario Energy Board (http://www.ontarioenergyboard.ca/OEB) before being implemented on April 1.
Yes, it's an application process and they likely chose a super ridiculous number knowing they'll get counter-offered a smaller rate that they'll still be happy with. They may have planned it this way from the beginning.
But what if they got their 40% increase to make up for this high consumption winter, would they back it off and get rid of the 40% increase if the next 2 winters are warm? ...And how fast do you think they could make up their loss on a "slightly colder than average winter" with a 40% increase?
40% increase in rates is still cheaper then gas rates from around 2006.its still the best bet. ;D