About LNG rates

By Bill Bennett,

Kootenay East MLA

1. The Province and BC Hydro announced the rate for all LNG customers that want to connect to BC Hydro’s electrical grid and reached the first agreement under this new rate with LNG Canada.

2. The LNG rate will start at $83.02 per megawatt hour – about 50% more than the standard industrial rate – this will ensure that LNG customers cover the full cost of new energy required.

3. Recently, Fortis broke ground on an expansion of its Tilbury LNG facility in Delta. The expansion will significantly increase natural gas liquefaction and storage capacity to support growing demand for B.C. LNG.

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