CHARLOTTETOWN, P.E.I. — It’s cheaper to replenish on the pumps as we speak after the Island Regulatory and Appeals Fee introduced a 6.9-cents-per-litre (cpl) drop within the minimal value of fuel.
In its newest scheduled adjustment, which went into impact at 12:01 a.m. on Sept. 2, IRAC stated the worth of standard self-serve gasoline now ranges from 165.3 to 166.4 cpl.
The value of fuel hasn’t been this low in P.E.I. since February.
IRAC additionally introduced an 8.1-cpl drop within the minimal value of diesel whereas the utmost value of furnace oil went down 7.8 cpl.
With the modifications, the worth of diesel ranges from 211.1 to 212.3 cpl, and the utmost value of furnace oil 158.9 cpl.
In saying the modifications, IRAC stated the worth of fuel dropped 6.0 cpl, furnace oil went down 7.5 cpl and diesel decreased by 7.0 cpl.
These quantities referred to costs earlier than further prices like margins, taxes and the carbon levy.
IRAC’s subsequent scheduled pricing adjustment is Sept. 9.