Sunday, September 09, 2007

Terasen Gas applies to reduce natural gas commodity rates

OILWEEK

SURREY, B.C. (CP) _ Terasen Gas has asked the B.C. Utilities Commission for a reduction in natural gas commodity rates for customers in the Lower Mainland, Fraser Valley, Interior, North and the Kootenays. The company said the proposed decrease would drop the commodity price of natural gas by 9.6 per cent, giving annual savings of $70 to $81 for a typical residential customer. If approved, the commodity decrease will take effect Oct. 1. It does not apply to customers on Vancouver Island, Sunshine Coast and Powell River, nor does it apply to customers in Fort Nelson.

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