Close X
Friday, November 15, 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

Ex-ombud says he told Sajjan about Vance in 2018

Ex-ombud says he told Sajjan about Vance in 2018
Sajjan at that time repeatedly refused to say what he and Walbourne discussed during their meeting on March 1, 2018, citing confidentiality.

Ex-ombud says he told Sajjan about Vance in 2018

Trump words on Meng a 'salvo' in trade war: lawyer

Trump words on Meng a 'salvo' in trade war: lawyer
Meng was arrested at Vancouver's airport on Dec. 1, 2018, at the request of U.S. officials on charges of fraud that both she and Huawei deny.

Trump words on Meng a 'salvo' in trade war: lawyer

Ottawa budgets $5B to buy COVID-19 pharmaceuticals

Ottawa budgets $5B to buy COVID-19 pharmaceuticals
Canada is guaranteed to buy more than 240 million doses of seven different vaccines if all are approved, with only 6.5 million doses expected before the end of March.

Ottawa budgets $5B to buy COVID-19 pharmaceuticals

BC Ferries offers lower prices for main routes in the Lower Mainland

BC Ferries offers lower prices for main routes in the Lower Mainland
The new Saver fare is the most affordable fare choice. Saver fares range from $49 - $73.70 and include a free reservation.

BC Ferries offers lower prices for main routes in the Lower Mainland

Robbery suspect leaves his wallet behind: VPD

Robbery suspect leaves his wallet behind: VPD
When he pulled out his phone to make a call, a man ran by and allegedly grabbed it from his hands.

Robbery suspect leaves his wallet behind: VPD

Protesters blocks busy Vancouver intersection

Protesters blocks busy Vancouver intersection
A police spokesman says the group marched from the courthouse to the east Vancouver intersection late Tuesday following the sentencing.

Protesters blocks busy Vancouver intersection