P.E.I. gas prices up 5 cents with carbon tax
Heating oil price unchanged
Prices for gas and diesel were up overnight Sunday, as a carbon tax came into effect.
The tax is 4.4 cents a litre on gas and 5.3 cents on diesel.
The tax implementation came at the same time as the regular start-of-month price review from the Island Regulatory and Appeals Commission.
The rack price for gasoline— the price before retail and wholesale markups and taxes — was unchanged. With HST on top of the carbon tax, the price for regular, self-serve gasoline is up 5 cents to $1.198.
The rack price of diesel fell one cent. With the higher taxes the net difference is up 4.9 cents to $1.325.
The carbon levy is similar to a federal tax imposed in other provinces, but is administered by the province. Islanders have been receiving a provincial tax break at the pumps since Jan. 1 to help offset the carbon levy.
Heating oil prices are unchanged.
Propane prices are down, with the amount varying by retailer.
- Irving: Down 0.8 cents to $0.781 per litre for bulk delivery.
- Kenmac: Down 1.4 cents to $0.778 per litre for bulk delivery.
- Superior: Down 1.5 cents to $0.789 per litre for bulk delivery.
The next scheduled price review is April 15.