P.E.I. gas, furnace oil and diesel prices increase in unscheduled April 28 IRAC adjustment

It’s costlier to refill on the pumps after the Island Regulatory and Appeals Fee introduced a 4.6 cents per litre improve to the minimal value of fuel, efficient April 28.

After an unscheduled adjustment, which went into impact at 12:01 a.m., the value of fuel ranges from 179.3 to 180.4 cpl.

Diesel additionally obtained costlier with a 17.2 cpl improve to the minimal value, whereas the utmost value of furnace oil went up by 15.7 cpl.

With the modifications, the value of diesel ranges from 231.6 to 232.8 cpl, and the utmost value of furnace oil is 187.2 cpl.

In asserting the modifications, IRAC mentioned there was a 4.0 cpl improve within the value of fuel and 15.0 cpl improve to diesel and furnace oil. These quantities referred to costs earlier than extra prices like margins, taxes and the carbon levy.

IRAC’s subsequent scheduled pricing adjustment is April 29.