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Furnace oil, diesel prices drop in P.E.I. Feb. 10, 2023



CHARLOTTETOWN, P.E.I. — The worth of heating with oil went down in a single day after the most recent change by the Island Regulatory and Appeals Fee (IRAC).

In its frequently scheduled adjustment, which went into impact at 12:01 a.m. on Feb. 10, IRAC stated the value of furnace oil decreased by 8.0 cents per litre (cpl) whereas the value of diesel dropped 6.0 cpl.

There was no change to the value of fuel.

With the adjustments, the utmost worth of furnace oil is 164.9 cpl whereas diesel ranges from 224.4 to 225.5 cpl.

The worth of fuel ranges from 159.9 to 161.0 cpl.

There have been additionally adjustments to propane costs with Superior Propane and Irving Vitality Distribution and Advertising and marketing going up by 2.0 cpl.

The worth for Island Petroleum went up 1.5 cpl.

Kenmac Vitality Inc. and Noonan Petroleum propane costs decreased by 0.4 cpl.

With the adjustments, propane costs vary from 90.8 to 92.1 cpl.

IRAC’s subsequent schedule adjustment is Feb. 17.

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