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
Indian envoy warns of 'big red line,' days after charges laid in Nijjar case
India's envoy to Canada insists relations between the two countries are positive overall, despite what he describes as 'a lot of noise.'
Stormy Daniels describes meeting Trump during occasionally graphic testimony in hush money trial
With Donald Trump sitting just feet away, Stormy Daniels testified Tuesday at the former president's hush money trial about a sexual encounter the porn actor says they had in 2006 that resulted in her being paid to keep silent during the presidential race 10 years later.
U.S. paused bomb shipment to Israel to signal concerns over Rafah invasion, official says
The U.S. paused a shipment of bombs to Israel last week over concerns that Israel was approaching a decision on launching a full-scale assault on the southern Gaza city of Rafah against the wishes of the U.S.
Former homicide detective explains how police will investigate shooting outside Drake's Bridle Path mansion
Footage from dozens of security cameras in the area of Drake’s Bridle Path mansion could be the key to identifying the suspect responsible for shooting and seriously injuring a security guard outside the rapper’s sprawling home early Tuesday morning, a former Toronto homicide detective says.
Northern Ont. woman makes 'eggstraordinary' find
A chicken farmer near Mattawa made an 'eggstraordinary' find Friday morning when she discovered one of her hens laid an egg close to three times the size of an average large chicken egg.
Susan Buckner, who played spirited cheerleader Patty Simcox in 'Grease,' dead at 72
Susan Buckner, best known for playing peppy Rydell High School cheerleader Patty Simcox in the 1978 classic movie musical 'Grease,' has died. She was 72.
Jeremy Skibicki has 'uphill battle' to prove he's not criminally responsible in Winnipeg killings: legal analysts
Accused killer Jeremy Skibicki could have a challenging time convincing a judge that he is not criminally responsible for the deaths of four Indigenous women, a legal analyst says.
Bye-bye bag fee: Calgary repeals single-use bylaw
A Calgary bylaw requiring businesses to charge a minimum bag fee and only provide single-use items when requested has officially been tossed.
Alcohol believed to be a factor in boating incident after 2 men die: N.S. RCMP
Two Nova Scotia men are dead after a boat they were travelling in sank in the Annapolis River in Granville Centre, N.S., on Monday.