FortisBC – No Rate Increase In July

Surrey – FortisBC has received approval from the British Columbia Utilities Commission (BCUC) to maintain the cost of gas for its natural gas customers. As of July 1, 2018, FortisBC customers will not see a change to the cost of natural gas on their bill.

The popularity of natural gas continues to grow as an affordable way to heat homes, generate power in remote communities and fuel industries and vehicles. For instance, last year FortisBC saw a record 20,800 new natural gas customers in B.C. and reached one million gas customers in the province last fall. While a significant percentage of B.C. households count on electricity for heating and cooling, natural gas is roughly one-third of the cost.

Every three months, FortisBC reviews the cost of gas rates with the BCUC to make sure rates passed on to customers are fair. There is no mark up to the cost of gas, so customers pay what FortisBC pays for natural gas and propane.

As of July 1, 2018:

Mainland, Vancouver Island and Whistler

·        There is no change to the current approved cost of gas rate of $1.549 per gigajoule (GJ).

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