The Toronto Star reported that consumer gas rates are indeed, likely to fall this spring, according to Enbridge. While great news for the vast majority of consumers, those that signed fixed-price contracts under 'the sky is falling' pretences (um, myself included) will, at least for a while, have to pay more as the promise of higher rates and a mathematical savings remains elusive, at least for the first half of the calendar year.
On the other hand, electricity rates are likely to rise at about the same time. The Ontario Energy Board writes:
In the spring of 2006, and every six months after that, the prices you pay for your electricity may change based on an updated OEB forecast and any difference between the amount consumers paid for electricity and the amount paid to generators.With locked in gas rates and a electricity increase nearly certain, I'm just glad the winter will be over when the double-whammy kicks in.