Terasen Looks to Boost Delivery Charges

Tuesday, December 04, 2007 03:06 PM

While the price of Natural Gas just went down about 5.9%, the cost to have it delivered to you, just might be going up.

Terasen Gas has applied to the BC Utilities Commission (BCUC) for increases to midstream and delivery rates for customers in the Interior, North, the Kootenays, Lower Mainland and Fraser Valley

If approved, a typical residential customer will see their total annual gas bill rise by about 4 per cent or $4.00 per year depending on consumption levels. Terasen says the hike is needed to cover the increased cost of storing, transporting and managing the gas delivered to customers. In addition, this includes costs associated with the Customer Choice program, as all residential customers in these service areas are eligible to participate.

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Posted on Tuesday, December 04, 2007 03:06 PM in News by 250 News

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Comments

Posted by: acrider54 on December 4 2007 4:49 PM

Of course! Because they can.

Posted by: pisspulper on December 4 2007 5:39 PM

Yes, but of course. Same as oil barrel dropping but pumps remain the same. I wish I wasn't such a small fry, otherwise I'd cash in on the rape.

Posted by: seamutt on December 4 2007 6:36 PM

Notice how your Hydro bill is going up also. It is set for a big rise next year to pay for the expensive contracts made with independent power producers.

Posted by: Harbinger on December 4 2007 6:50 PM

So what. Buy yer hydro and gas elsewhere. It is called free enterprise ain't it?
Better yet, start yer own companies.

Posted by: Chester on December 4 2007 9:29 PM

It wasn't that long ago that we were all encouraged to convert our wood burners to gas, our propane barbeques to natural gas, our electric to gas and even our vehicles to natural gas. Now that we are all switched over, they have us over a gas barrel. How does it feel? Seems like we shouldn't have put all of our eggs in the natural gas basket. Shame on us. Chester

Posted by: socredible on December 5 2007 7:55 AM

No, Harbinger, it's not called "free-enterprise". It's really called "globalism". Or "global capitalism." Both of which involve the elimination of competition and the unrestricted use of a 'monopoly' to extract the largest possible financial return from the captive market they have established. It is the antithesis of true free enterprise, which is its mortal enemy, for that involves freedom of choice.

Just imagine if the pioneers that opened up this country, people that came from Britain or Europe, or wherever, had been told before they came here that they'd have to pay "world price" for the resources that were here. How many would have come? They could do that right where they were. Why endure all the hardship and danger of moving to supposedly have a life 'more abundant', if the 'price' of that abundance is the same everywhere?

When are we going to smarten up and base the 'price' WE pay, for the resources WE 'beneficially' own, in OUR own land, on their true 'cost of production'?

Posted by: Howrd_B_Stern on December 5 2007 9:30 AM

If Free enterprise means taking it in the ying yang every time a CEO sees his stock prices slide, and invents a soft rationale for yet another increase, then yes, it is free enterprise.

Posted by: Harbinger on December 5 2007 10:29 AM

Speaking of "world price", we pay twice the world price fer milk, cheese and butter. Seems my government in Ottawa seems to likes the 300+ % tariff/duty on imported milk and cheese and butter. They call it supply management. Ain't the English language wonderful?