Close X
Monday, November 18, 2024
ADVT 
National

FortisBC holds line on natural gas prices

Darpan News Desk The Canadian Press, 17 Mar, 2021 06:23 PM
  • FortisBC holds line on natural gas prices

Natural gas supplier FortisBC says prices won't change for at least another three months, but other charges such as the provincial carbon tax still have the potential to increase the customer's bill.

A statement from FortisBC Energy Inc. says the British Columbia Utilities Commission has approved the plan to maintain natural gas prices at current levels for all customers until June 30.

But the B.C. carbon tax, which applies to fuels including natural gas, is set to increase on April 1 from $40 to $45 per tonne, after the hike was twice delayed in March and September of last year during the COVID-19 pandemic.

With taxes and other charges excluded, Fortis says current natural gas prices amount to $2.844 per gigajoule for Lower Mainland, Vancouver Island, Whistler and Revelstoke customers, and $2.999 for customers in Fort Nelson.

The Canada Energy Regulator estimates the average Canadian home fuelled by natural gas uses just over 88 gigajoules annually.

FortisBC charges a flat fee to recover fixed costs, a delivery charge and a storage and transport fee, but Diane Roy, vice-president of regulatory affairs with FortisBC, says the utility makes no profit on the cost of natural gas.

"We understand that energy costs are an important decision in household budgets," Roy says in the statement on Wednesday. "Our priority remains to deliver safe and reliable energy to our customers while working to keep rates as low as possible."

FortisBC delivers natural gas and electricity to about 1.2 million customers in the province.

MORE National ARTICLES

UPDATE: Toronto Police looking for 23 year old missing woman Manpreet Kaur

UPDATE: Toronto Police looking for 23 year old missing woman Manpreet Kaur
UPDATE: The Toronto Police Service would like to thank the public for their assistance in locating missing woman Manpreet Kaur. She is has been re-united with her family and is safe and sound. 

UPDATE: Toronto Police looking for 23 year old missing woman Manpreet Kaur

Plan in place to empty Vancouver homeless camp

Plan in place to empty Vancouver homeless camp
A statement from the Vancouver Park Board says the city has identified several properties that can be used as temporary indoor spaces to bring people inside.

Plan in place to empty Vancouver homeless camp

Fires emit more air toxins than industry: study

Fires emit more air toxins than industry: study
The increasing size and severity of wildfires is a big reason why the levels haven't changed despite improved industrial emissions, she said.

Fires emit more air toxins than industry: study

Vancouver resident Amar Najat Jalal's death make 18th homicide for that city

Vancouver resident Amar Najat Jalal's death make 18th homicide for that city
Vancouver resident, Amar Najat Jalal was found in the middle of the intersection suffering from gun shot wounds

Vancouver resident Amar Najat Jalal's death make 18th homicide for that city

Canada boosts COVID-19 foreign aid by $485M

Canada boosts COVID-19 foreign aid by $485M
The new funds are going towards the Access to COVID-19 Tools, or "ACT" Accelerator, which was created in April by the World Health Organization, the French government, the European Commission and the Bill and Melinda Gates Foundation.

Canada boosts COVID-19 foreign aid by $485M

What we know about the first COVID vaccine doses

What we know about the first COVID vaccine doses
Canada is set to receive 249,000 doses of the drug from the U.S. pharmaceutical giant and its German partner BioNTech by the end of the month and four million total doses — enough to vaccinate two million people — by March.

What we know about the first COVID vaccine doses