Penetangore Regional Economic Development Corporation (PREDC)

Penetangore Regional Economic Development Corporation (PREDC)

November 02, 2011 08:00 ET

81% of Commercial Survey Respondents State They Would Convert to Natural Gas

KINCARDINE, ONTARIO--(Marketwire - Nov. 2, 2011) - A natural gas survey conducted within the largest geographic area of southwestern Ontario that is currently not serviced with natural gas have demonstrated a resounding 81% in favour to convert to natural gas. Interviews conducted by third party supplier, Ipsos-Ried, as part of a Union Gas Ltd. study commissioned by the Municipalities of Arran-Elderslie, Huron-Kinloss and Kincardine in partnership with major local industries reveals the residents want this service.

A total of 174 interviews were recently conducted yielding a 6.7% margin of error at 95% confidence level. Other findings with the survey have also exceeded the expectations of the three Mayors and natural gas project team.

The goal of the study is to ascertain the support for natural gas availability within the three municipalities and evaluate the opportunity of gas conversion for both residential and commercial units. This study prefaces the need to conduct an environmental assessment as part of the process to achieve approval from the Ontario Energy Board.

"As we gather more data on this project, we are finding the levels of support increasing and the promise of achieving success coming closer as each day passes. The project team is getting very excited as we envision natural gas solving many problems and hindrances facing our community," said Larry Kramer, Mayor, Kincardine.

"Bringing natural gas to our area will provide economic stimulus and help establish a competitive environment for our communities to grow. As the survey shows, the constituents are stepping up and demonstrating their appetite for natural gas," said Paul Eagleson, Mayor, Arran-Elderslie.

"This is the closest we have ever come to achieving our natural gas goals. A number of attempts to acquire natural gas in the past have failed and if we don't succeed this time we will be very concerned, however, I am very optimistic this time around given the results that are surfacing," said Mitch Twolan, Mayor, Huron-Kinloss.

Based in Kincardine, the Penetangore Regional Economic Development Corporation (PREDC) is facilitating the development of this project. "As this stage of the study draws to a close, we look forward to addressing the requirements of financing the project as well as garnering the financial support of upper tier government. We welcome letters of support from the citizens and businesses located in our communities,"said Mense (Jim) Prenger, President, PREDC and Chairperson of the Natural Gas Project Committee.

"WANTED: Natural Gas"

Contact Information

  • Penetangore Regional Economic Development Corporation
    Mense (Jim) Prenger, President
    385B Queen Street
    Kincardine, Ontario, N2Z 2R4