Natural Gas Price Reduction Approved
By 250 News
Prince George, B.C. - Your natural gas bill should be cheaper this fall Terasen Gas has received approval from the B.C. Utilities Commission (BCUC) to lower natural gas commodity rates.
The rate decreases will take effect October 1, 2008.
In the Interior, Lower Mainland,
In the
Natural Gas Customers
|
Lower Mainland and |
Interior and North Based on 95 GJ/year |
KootenaysBased on 110 GJ/year |
|||
|
Current |
Oct. 1 |
Current |
Oct. 1 |
Current |
Oct. 1 |
Basic monthly charge |
$11.13 |
$11.13 |
$11.13 |
$11.13 |
$11.13 |
$11.13 |
Delivery charge/GJ |
$2.728 |
$2.728 |
$2.728 |
$2.728 |
$2.728 |
$2.728 |
Midstream charge/GJ |
$1.326 |
$1.326 |
$1.303 |
$1.303 |
$1.382 |
$1.382 |
Charges for gas used/GJ |
$9.780 |
$7.536 |
$9.780 |
$7.536 |
$9.780 |
$7.536 |
Estimated total annual bill |
$1,655 |
$1,408 |
$1,445 |
$1,232 |
$1,661 |
$1,414 |
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A couple years back Methanex, PNG's biggest customer in Kitimat closed their doors. In a true supply and demand economy, it should have resulted in lower gas rates, because the supply increased. Not so! They raised rates based on a "Revenue requirement."
PNG can suck a big fat one. I have a "Revenue requirement," too, like many other people do. Perhaps this is why every winter you see more and more homes in the northwest burning wood to keep warm. It's pretty hard to gouge, or charge a carbon tax on wood any fool with a pickup truck can buck up and burn.