As of July 1, 2017, FortisBC customers will see no change to the cost of gas on their billing statement.
FortisBC has received approval to maintain the cost of natural gas rates from the British Columbia Utilities Commission (BCUC). The cost of propane rates will also be maintained for those customers in Revelstoke.
Every three months, FortisBC reviews the cost of gas rates with the BCUC to make sure rates passed on to customers cover the cost of purchasing the natural gas on their behalf.
FortisBC does not mark up the cost of gas, customers pay what we pay.
“Maintaining the cost of gas rate this quarter gives our customers predictability in what they can expect when they receive their bill,” said Diane Roy, vice-president of regulatory affairs at FortisBC. “Natural gas remains the affordable and efficient energy choice for home and business heating. In fact, it’s about one third the cost of electricity for space and water heating.”
Below are the continued current cost of gas rates for each region as of July 1, 2017:
Lower Mainland, Vancouver Island, Whistler, Fraser Valley, Interior, North and the Kootenays
· No change to the current rate of $2.050 per gigajoule (GJ).
Fort Nelson
· No change to the current rate of $2.086 per GJ.
Revelstoke
· No change to the current residential cost of propane rate of $11.088 per GJ. Cost of propane rates for commercial customers are also maintained.