Most homes heated by natural gas will pay an estimated six per cent more on their Terasen Gas bills starting April 1. Regulators approved the request to increase the utility’s natural gas commodity rate by 13 per cent.
Terasen says the rate increase of $0.66 per gigajoule works out to around six per cent more on the full household bill, or about $49 to $62 more per year. The decision was released Monday by the B.C. Utilities Commission. The company said natural gas prices are up because of cold weather in much of North America and a recovering economy. Terasen’s commodity gas rate fell 35 per cent in 2009 and is still relatively low compared to the last five years.
No comments:
Post a Comment