FortisBC bills set to drop starting April 1
B.C. natural gas users will soon see their bills decrease.
FortisBC announced last week that it has received approval from the British Columbia Utilities Commission (BCUC) to reduce the amount it charges for gas next quarter.
Beginning April 1, FortisBC will charge $4.159 per gigajoule for gas, a $1 decrease from the current rate of $5.159.
The new price will be in effect through June 30. FortisBC updates its gas prices quarterly, with BCUC approval, to reflect the cost of acquiring natural gas at market-based prices.
The company says it "flows the cost of gas directly to customers," meaning customers pay whatever FortisBC pays.
Monthly gas bills include the cost of natural gas used, plus a daily or monthly basic charge, delivery charges, storage and transport charges and other fees.
FortisBC estimates that the average customer in the Lower Mainland will see their monthly bill decrease by $7.50, roughly seven per cent, as a result of the lower gas charge. Actual savings could be greater or smaller depending on usage.
Customers in Fort Nelson in the province's northeast will see their bills decrease by $10.40, or about nine per cent, on average, FortisBC says.
"The cost of gas rate decrease will undoubtedly be welcomed and provide some relief to our customers on their gas bills especially at a time when other living expenses are high," says Joe Mazza, vice-president, energy supply and resource development at FortisBC, in a news release.
“Even with the cost of gas decreasing, we understand energy costs are an important consideration in household budgets and we are always here to support our customers if they need it.”
CTVNews.ca Top Stories
BREAKING Alice Munro, Nobel literature winner revered as short story master, dead at 92
Nobel laureate Alice Munro, the Canadian literary giant who became one of the world's most esteemed contemporary authors and one of history's most honoured short story writers, has died at age 92.
Latest updates on air quality alerts, and when the smoke may reach Ontario and Quebec
Wildfires have led Environment Canada to issue air quality advisories for parts of B.C., Alberta, Manitoba, Saskatchewan and the Northwest Territories, as forecasters warn the smoke could drift farther east.
Are these Canada's best restaurants? Annual top 100 list revealed
The annual list of Canada's top restaurants in the country was just released and here are the places that made the 2024 cut.
Attack on prison van in France kills 2 officers, inmate escapes
Armed assailants killed two French prison officers and seriously wounded three others in an attack on a convoy in Normandy on Tuesday and an inmate escaped, officials said.
Steal a car, lose your driver's licence for 10 years under new Ontario proposal
Repeat car thieves may face lengthy licence bans under proposed changes to Ontario’s Highway Traffic Act.
$1.6B parts plant for Honda electric vehicle batteries coming to Niagara Region
A Japanese company has announced it will build an approximately $1.6-billion plant in Ontario's Niagara Region that will make a key electric vehicle battery component as part of Honda's supply chain in the province.
B.C. brings in law on name changes on day that child killer's new identity revealed
The BC NDP have tabled legislation aimed at stopping people who have committed certain heinous acts from changing their names.
Manitoba premier to visit areas impacted by wildfire
Manitoba Premier Wab Kinew will get a close-up look at the devastation from a large wildfire burning in northern Manitoba Tuesday.
1 killed, 3 injured including toddler, after Hwy. 417 crash in Ottawa
Ontario Provincial Police are responding to a fatal collision involving two vehicles on Highway 417 in Ottawa's west end on Tuesday morning.