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

NDP to nominate Raj Chouhan as B.C. Speaker

NDP to nominate Raj Chouhan as B.C. Speaker
Premier John Horgan says Raj Chouhan, who represents Burnaby-Edmonds, will be put forward on Monday as the party's choice for Speaker when the legislature resumes sitting.

NDP to nominate Raj Chouhan as B.C. Speaker

Liberals introduce bill for new COVID-19 spending

Liberals introduce bill for new COVID-19 spending
The Liberals will make passage of the legislation a confidence vote, meaning the minority government could fall and trigger an election if it doesn't garner the necessary support.

Liberals introduce bill for new COVID-19 spending

Priority list too long for first doses: Tam

Priority list too long for first doses: Tam
But she says the six million doses set to arrive between January and March will not be enough to vaccinate everyone on the initial priority list developed by the National Advisory Committee on Immunization.

Priority list too long for first doses: Tam

Feds to introduce bill to implement UNDRIP

Feds to introduce bill to implement UNDRIP
The bill is expected to echo a private member's bill passed by the House of Commons two years ago, during the last Parliament.

Feds to introduce bill to implement UNDRIP

Foot chase by Mountie ends with military rescue

Foot chase by Mountie ends with military rescue
When officers arrived at the property in Bridesville, east of Osoyoos, they detained four people, but a fifth person leapt into the ravine and was pursued by an officer.

Foot chase by Mountie ends with military rescue

Human activities linked to orca deaths: study

Human activities linked to orca deaths: study
Killer whale deaths from Alaska to British Columbia, south to California and west to Hawaii linked to human activities were found in every age class from calves to adults, said the study published Wednesday in the open access journal Plos One.

Human activities linked to orca deaths: study