Close X
Thursday, November 14, 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

20 year old driver with 'L' designation sends 3 people to hospital

20 year old driver with 'L' designation sends 3 people to hospital
The driver, a 20-year-old man, had accelerated to estimated speeds of 120-140 km/hr (posted 60 km/hr zone) and had attempted to “drift” through a hairpin turn. 

20 year old driver with 'L' designation sends 3 people to hospital

BC real estate market remains hot for month of February

BC real estate market remains hot for month of February
The average MLS residential price in BC was $889,584, a 17.3 per cent increase from $758,382 recorded in February 2020.

BC real estate market remains hot for month of February

Vancouver Police seeking witnesses in a Walmart related incident

Vancouver Police seeking witnesses in a Walmart related incident
VPD investigators believe the incident occurred at around 8:15 p.m. on Sunday night in a parking lot outside the Walmart on Grandview Highway near Boundary Road.

Vancouver Police seeking witnesses in a Walmart related incident

MPs urge Liberals to step up global pandemic aid

MPs urge Liberals to step up global pandemic aid
"Dangerous variants will increase, threatening Canadians and our global economic recovery. And this will take years if not decades to correct."

MPs urge Liberals to step up global pandemic aid

Kielburgers issue new demands before testifying

Kielburgers issue new demands before testifying
On Monday, the brothers reversed their initial refusal to testify and requested to come before the committee after it voted unanimously to summon the pair.

Kielburgers issue new demands before testifying

Canada marks one year since pandemic began

Canada marks one year since pandemic began
Since the pandemic began, 2.5 million people around the world have died due to COVID-19, with more than 22,000 of them in Canada.

Canada marks one year since pandemic began