Centra Gas Manitoba

Source: Wikipedia, the free encyclopedia.
Centra Gas Manitoba Inc.
Formerly
  • Winnipeg & Central Gas Company (1953–8)[1]
  • Central Winnipeg Gas Company (1958–90)
  • ICG Utilities (Manitoba) (1990–1)
IndustryEnergy
Founded1953; 72 years ago (1953)
HeadquartersWinnipeg, Manitoba, Canada[2]
Area served
Manitoba, Canada
Key people
Otto Lang, President & CEO (1993– )[3][2]
OwnerManitoba Hydro
Number of employees
661 (1999)[2]
Footnotes / references
[4]

Centra Gas Manitoba Inc., a subsidiary of

gas distribution monopoly in Manitoba until 1991.[7]

Based in Winnipeg, it is regulated by the Public Utilities Board of Manitoba.[8]

History

Centra Gas Manitoba initially received its provincial charter in 1953.[2]

It was

utility regulators ruled could not be recovered by the company through a rate hike, forcing shareholders to absorb the loss.[10] Moreover, as early as 1996, Centra had been working with Manitoba Hydro to reduce costs by combining forces on activities like power meter reading and billing.[11]

Centra Gas Manitoba was one of four units of

in toto distributed natural gas to 500,000 Canadians and employed about 2000 people as of 1991.[12] Each of the four component companies were regulated utilities, and at least two had un-regulated affiliate firms, such as Centra Energy Services as the affiliate of Centra Gas Manitoba.[13]

As of 1999[update], Centra had about 240,000 residential and commercial customers.[5] In fiscal 2003, total gas revenues were CA$497 million on 2,123 million cubic metres of gas.

References

  1. ISBN 0-8108-2761-1 – via Internet Archive.{{cite book}}: CS1 maint: location missing publisher (link
    )
  2. ^ – via Internet Archive.
  3. ^ Staff (July 21, 1993). "Lang Appointment". The Star Phoenix. Saskatoon, Saskatchewan: Armadale. Canadian Press. p. B4 – via Newspapers.com.
  4. – via Internet Archive.
  5. ^ a b c Nutt, Rob (March 12, 1999). "Centra Gas sale nets $58 million for Westcoast". The Vancouver Sun. Vol. 114, no. 257. p. H6. Retrieved 29 Nov 2019 – via Newspapers.com.
  6. ^ – via Internet Archive.
  7. ^ "Five-year gas contracts may save $50 per year". The StarPhoenix. Saskatoon, Saskatchewan: Armadale. Canadian Press. November 27, 1991. p. C6 – via Newspapers.com.
  8. ^ "Province of Manitoba | v1 - Natural Gas and Propane Utilities". www.pubmanitoba.ca. Retrieved 2021-08-11.
  9. ^ "Manitoba Hydro to buy gas utility". CBC. March 11, 1999. Retrieved 31 December 2021.
  10. ^ Cattaneo, Claudia (June 22, 1998). "Centra rate hike request turned down". The Financial Post (Weekend ed.). Toronto, Ontario. p. 7 – via Newspapers.com.
  11. ^ Staff (May 29, 1996). "Westcoast expands electricity business". Calgary Herald. Calgary, Alberta. p. C2 – via Newspapers.com.
  12. ^ Staff (January 23, 1991). "ICG now Centra". The Province. Vancouver, British Columbia. p. 36 – via Newspapers.com.
  13. ^ Westell, Dan (April 12, 1997). "Gas ruling seen as competition boost". The Financial Post. Toronto, Ontario. p. 12 – via Newspapers.com.