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

University director resigns after holiday travel

University director resigns after holiday travel
In a statement on the school's website, Berman says his resignation was effective on Friday.

University director resigns after holiday travel

Pfizer vaccine shortage will have an impact: Dix

Pfizer vaccine shortage will have an impact: Dix
Dix says this may mean that health officials will revisit the 35-day gap between providing the first and second doses of the vaccine.

Pfizer vaccine shortage will have an impact: Dix

Toronto Police are asking for the public's help in locating Zeevesh Chawla

Toronto Police are asking for the public's help in locating Zeevesh Chawla
He is described as 5'8", 170 lb., short black hair with brown eyes.

Toronto Police are asking for the public's help in locating Zeevesh Chawla

Five key facts from Canada's COVID-19 projections

Five key facts from Canada's COVID-19 projections
The latest data show another 2,000 people could die by Jan. 24 as the seven-day average number of deaths nears levels recorded at the peak of the pandemic's first wave in May.

Five key facts from Canada's COVID-19 projections

B.C. businessman's suit against Twitter to proceed

B.C. businessman's suit against Twitter to proceed
Twitter filed an application in June 2019 asking the B.C. court to dismiss or stay Giustra's lawsuit or decline its jurisdiction in favour of the courts in California, where the company is headquartered.

B.C. businessman's suit against Twitter to proceed

Limit travel, Tam says as B.C. seeks legal advice

Limit travel, Tam says as B.C. seeks legal advice
Dr. Theresa Tam says stopping non-essential travel would be a difficult decision for the province, but it could reduce COVID-19 by cutting the number of contacts.

Limit travel, Tam says as B.C. seeks legal advice