Close X
Sunday, November 17, 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

Provinces slow vaccine programs amid supply crunch

Provinces slow vaccine programs amid supply crunch
Several provinces have used up nearly all their vaccine supply and have been forced to push back their vaccination schedules.

Provinces slow vaccine programs amid supply crunch

NDP warn of long delays in pay equity rule

NDP warn of long delays in pay equity rule
The government's pay equity regulations require the likes of banks and telecommunications companies to put plans in place to meet the new rules.

NDP warn of long delays in pay equity rule

Benefits for former GG inappropriate: O'Toole

Benefits for former GG inappropriate: O'Toole
Payette resigned last week ahead of the release of a report concluding she oversaw a highly toxic work environment at Rideau Hall.

Benefits for former GG inappropriate: O'Toole

Heavy snow misses most of B.C.'s south coast

Heavy snow misses most of B.C.'s south coast
Environment Canada had been calling for as much as 15 centimetres in some south coast regions by Monday morning.

Heavy snow misses most of B.C.'s south coast

BC announces 9 deaths for Friday

BC announces 9 deaths for Friday
There are two new health-care facility outbreaks at Royal Inland Hospital and Royal Columbian Hospital. The outbreak at Queen’s Park Care Centre is now over. 

BC announces 9 deaths for Friday

Ottawa mulls mandatory hotel quarantine: Trudeau

Ottawa mulls mandatory hotel quarantine: Trudeau
The federal government is looking at options that would make it harder for people to return from foreign trips.

Ottawa mulls mandatory hotel quarantine: Trudeau