FortisBC natural gas rate plunges

Customers should save $117 per year on their natural gas bills

Natural gas commodity rates charged by FortisBC have gone down 34 per cent.

Natural gas rates are going down for FortisBC customers in the Lower Mainland.

A 34 per cent decrease in the commodity rate to $2.486 per gigajoule effective April 1 means users should pay about $117 per year less on their bills in the Lower Mainland.

FortisBC energy supply vice-president Cynthia Des Brisay said a combination of factors have resulted in approval by the B.C. Utilities Commission of the lowest commodity rate charges seen in a decade.

“Natural gas prices are lower coming out of this past winter due to reduced overall demand for natural gas to heat homes and generate power,” she said.

“At the same time, supplies of natural gas have increased, allowing storage levels to return to normal levels.”

Overall, natural gas bills won’t drop as sharply because customers are also charged other fees, including a rate to deliver the gas, that together add up to more than the commodity rate charged for the gas itself.

The typical Lower Mainland gas user should see their monthly bill drop from around $81 now to about $71 after the rate change, assuming average consumption of eight gigajoules per month.

FortisBC doesn’t charge a markup on the gas itself, but instead profits from the delivery charge.

The rate change doesn’t affect customers who have contracts with other natural gas suppliers instead of FortisBC.

NATURAL GAS RATES | Create infographics

Just Posted

Driver assaulted near Agassiz following road rage incident

RCMP ask for public’s help identifying suspects involved in Highway 9 incident

Man accused of killing Belgian tourist along Highway 1 appears in court

Sean McKenzie, 27, made second court appearance since his arrest in connection with the murder of Amelie Sakkalis

Dryness, nitrates possible explanations for Fraser Valley dairy farm fires

Farmers in Agassiz, Rosedale still unsure how fires started

Letter: Look for facts on proportional representation

In regards to the upcoming referendum on Proportional Representation, it should be… Continue reading

Harrison art exhibit features portraits of female strength, power

Ranger Station Art Gallery puts Angela Burdon’s portrait work on display

Singer k.d. lang receives Alberta’s highest honour

Celebrated singer-songwriter k.d. lang received the Alberta Order of Excellence in Edmonton

Colourfully named cannabis products appeal to youth, Tory health critic says

Conservative health critic Marilyn Gladu says the Liberal government needs to do more to ensure cannabis products available online are not enticing to young people

Trial set for man charged with decades-old murder of B.C. girl

Garry Handlen accused of killing Merritt girl; also charged with Abbotsford murder

Bernardo-like sexual deviancy poorly understood, expert says

What exactly causes such deviance is not known but some evidence exists of physical brain damage to the front part of the brain

Disney on Ice returns to Vancouver with Moana in starring role

Eight shows at Pacific Coliseum in late November

B.C. high school teacher faces sexual assault charges

A Mt. Boucherie teacher has been charged with child luring, sexual exploitation and sexual assault.

Fashion Fridays: You can never have enough shoes

Kim XO, lets you know the best online shopping tips during Fashion Fridays on the Black Press Media Network

Former B.C. cop sentenced to jail ‘in the community’ after caught in Creep Catchers sting

Dario Devic pleaded guilty after getting caught up in Surrey Creep Catcher sting in Whalley in 2016

5 races to watch in B.C.’s municipal elections this Saturday

This year’s election results across more than 160 cities in B.C. will start pouring in after polls close Saturday at 8 p.m.

Most Read