Island Regulatory and Appeals Commission |
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Prince Edward Island |
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Effective: June 26, 2020 |
RETAIL DEALER
PUMP PRICES |
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ALL BRANDS: |
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CANADIAN CENTS
PER LITRE (cpl) |
PRODUCT |
Regular |
Mid-Grade |
Premium |
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Gasoline |
Gasoline |
Gasoline |
Diesel |
Benchmark Price |
47.1 |
50.6 |
54.0 |
48.9 |
+ Wholesale Margin |
5.0 |
5.0 |
5.0 |
5.0 |
= Dealer Base Price |
52.1 |
55.6 |
59.0 |
53.9 |
+ Federal Excise Tax |
10.0 |
10.0 |
10.0 |
4.0 |
+ PEI Prov. Tax |
8.47 |
8.47 |
8.47 |
14.15 |
+ Carbon Levy |
6.63 |
6.63 |
6.63 |
8.05 |
= Wholesale Price (DTT) |
77.2 |
80.7 |
84.1 |
80.1 |
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Self-Serve |
Min |
Max |
Min |
Max |
Min |
Max |
Min |
Max |
+ Self-Serve Retail
Margin |
6.0 |
7.0 |
6.0 |
7.0 |
6.0 |
7.0 |
6.0 |
7.0 |
+ HST (15%) |
12.5 |
12.6 |
13.0 |
13.2 |
13.5 |
13.7 |
12.9 |
13.1 |
= Self-Serve Pump Price |
95.7 |
96.8 |
99.7 |
100.9 |
103.6 |
104.8 |
99.0 |
100.2 |
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Full-Serve |
Min |
Max |
Min |
Max |
Min |
Max |
Min |
Max |
+ Full-Serve Retail
Margin |
6.0 |
10.5 |
6.0 |
10.5 |
6.0 |
10.5 |
6.0 |
10.5 |
+ HST (15%) |
12.5 |
13.2 |
13.0 |
13.7 |
13.5 |
14.2 |
12.9 |
13.6 |
= Full-Serve Pump Price |
95.7 |
100.9 |
99.7 |
104.9 |
103.6 |
108.8 |
99.0 |
104.2 |
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