Union Gas, headquartered in Chatham, Ontario, has been a mainstay of the Canadian natural gas industry for more than a century. Union Gas currently provides distribution services to roughly 1.5 million residential and commercial customers throughout Ontario.
Current Natural Gas Plans
As a regulated natural gas utility, Union Gas charges rates set by the Ontario Energy Board, which updates these rates as necessary on a quarterly basis, in January, April, July, and October. Current commodity prices for natural gas can be viewed on the Ontario Energy Board site.
History of Union Gas
Union Gas was originally founded in Niagara Falls as the Union Natural Gas Company of Canada Limited in 1911, as a result of the consolidation of three previously existing gas companies: Ridgetown Fuel Supply, United Fuel Supply, and Volcanic Oil and Gas Company. In 1918, Union Natural Gas moved its headquarters to Chatham, where they remain to this day.
Recent Developments at Union Gas
Between 1911 and 1985, Union Gas grew to serve half a million Ontario customers. The fact that it only took 30 more years to triple their customer base to over 1.5 million makes it clear that Union Gas has truly exploded in size in recent years.
In 1999, Union Gas spun off the retail sales divisions of the company into Union Energy, in response to changes in Ontario energy regulations. In 2002, Union Gas’s parent company was purchased by Duke Energy, which in 2007 spun off Union Gas and its other natural gas businesses into a new publicly traded company, Spectra Energy Corp. Spectra, which is headquartered in Houston, Texas, continues to own and operate Union Gas.