Company: ENBSF
Filing Date: 2025-02-14
Form Type: 10-K
Source: 0000895728-25-000006
Chunk: 190

Company: ENBRIDGE INC
Filing Date: 2025-02-14
Form: 10-K
Item: Item 1
Chunk 190
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These supply and demand dynamics are evolving, as the current political climate in Canada and the US continues to shift, including as a result of changes in governments. We continue to monitor these developments together with their impact on our business.

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GAS DISTRIBUTION AND STORAGE

Gas Distribution and Storage consists of our rate-regulated natural gas utility operations, which serves residential, commercial and industrial customers in Ontario, Quebec, Ohio, North Carolina, Utah, Wyoming, and Idaho as well as Wexpro Company (Wexpro), which develops and produces natural gas reserves on behalf of Enbridge Gas Utah, Enbridge Gas Wyoming, and Enbridge Gas Idaho. Our distribution systems, which are supported by storage and compression assets, carry natural gas from the point of local supply to customers across North America.

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There are three principal interrelated aspects of the natural gas distribution business in which our franchises are directly involved: Distribution, Transportation and Storage. The number of customers, and approximate combined length of pipelines for each of our major distribution and transmission systems as at December 31, 2024 are as follows:

As at December 31, 2024Number of Customers (in millions)Combined Length Enbridge Gas Ontario3.9 156,000 km (96,934 miles) Enbridge Gas Ohio1.2 35,406 km (22,000 miles)Enbridge Gas Utah, Wyoming and Idaho1.2 33,796 km (21,000 miles)Enbridge Gas North Carolina0.7 20,921 km (13,000 miles)

Our storage system principally consists of our assets at Dawn Hub and the Tecumseh Gas Storage facility.

Distribution

The principal source of revenue for Gas Distribution and Storage arises from the distribution of natural gas to customers. The services provided to residential, small commercial and industrial heating customers are primarily on a general service basis, without a specific fixed term or fixed price contract. The services provided to larger commercial and industrial customers are usually on an annual contract basis under firm or interruptible service contracts. Under a firm contract, we are obligated to deliver natural gas to the customer up to a maximum daily volume. The service provided under an interruptible contract is similar to that of a firm contract, except that it allows for service interruption at our option primarily to meet seasonal or peak demands. The respective regulator for each province or state approves rates for both contract and general services. 

Customers have a choice with respect to natural gas supply. Customers may purchase and deliver their own natural gas to points upstream of