Risk of ‘death spiral’ for Enbridge increases: rate hike application.

“As customers switch to electric heat pumps to save on energy, there’s less and less people to pay for pipelines, and so rates need to go up,” said Kent Elson, a lawyer representing the non-profit Environmental Defence that is intervening in Enbridge’s application. “And that causes more people to switch to electric heat pumps to save money, which means there’s even less people to pay for the pipelines, and the rates need to go up even further.”