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March 27, 2025 Please be advised that TransGas Limited (TransGas) has received Cabinet approval to implement a two-year rate increase for transportation and storage rates, as follows: A 3.2% average increase, effective April 1, 2025; and A 6.1% average increase, effective April 1, 2026 Over the past 10 years, the average annual rate increase has been 2.8%. The two-year rate increase provides cost certainty for our customers and revenue stability for TransGas. In addition, it will help to reduce the subsidization between customer classes by aligning the revenue-to-cost ratio more closely to the...

Cabinet recently approved an amendment to the previously announced overall average Transportation and Storage rate increase for 2026, reducing it from 6.1% to 1.9%, effective April 1. Over the past 10 years, TransGas rate increases have averaged 2.8% and we are committed to minimizing rate changes wherever possible. TransGas is also introducing the Income Balance Adjustment (IBA), effective April 1. The IBA is an annual rate rider designed to credit or charge customers when TransGas earnings differ from approved forecasts. Beginning April 1, TransGas will credit nearly $6 million to customers...

TransGas held four virtual sessions during the month of October to update customers on upcoming changes and provide information related to our services. One of the topics discussed was changes to the Roll Through process (see slide 15 of our presentation). We are pleased to inform you that beginning November 21, 2021, the Roll Through will occur over the last 10 days (or less) of the month. This means the Previous Monthly Shipper Account will be rolled into your Daily Shipper Account over the last 10 days of the month (or less) rather than on the last day of the month. In addition, a new Roll...