It has never been easier to take control of the rising costs to heat your home. Natural gas has risen 300% in the last 10 years! And as prices go up and down, you can never know what to expect when you open your monthly gas bill.
That is why almost half of Ontario homes are enrolled in a natural gas price protection program.
Fixing your natural gas supply rate with our 5-year Price Protection Program means that you choose to step off the roller-coaster of natural gas prices. It means you receive one competitive gas supply rate for 5 years, even if the cost of natural gas goes up after you enroll. Our price protection program gives you peace-of-mind while taking the guesswork out of your utility bill.
And be confident, nothing changes in the delivery of gas. Your local utility will continue to deliver your gas, and your new price protection program will be conveniently integrated on your existing utility bill. It's that easy.
Natural Gas prices have fluctuated 300% in the last 10 years!
Production Declining: North American natural gas production is declining by approximately 1% per year. Even when you read that new wells are found, it is not fully replacing the decline in production from existing wells.
Rising Usage: Electricity generation in North America puts a huge demand on natural gas. With environmental pressures to close coal burning plants in Ontario, there is more demand than ever for natural gas to supply electricity generators.
Rising oil prices linked to rising natural gas prices: The oil and natural gas markets are closely tied. When the cost of oil rises, the use of natural gas increases influences the price.
We offer a 5-year fixed rate natural gas program that can protect you from rising natural gas prices.
- No cost to enroll
- All that changes is your natural gas supply charge. Your local utility will still deliver your gas and provides you with any services they provided previously.
- If prices fall after you enroll, you can benefit from that too. Summitt's Blend and Extend option allows you to combine your fixed rate with any new rate we offer and extend your program for a new term.
