As of January 1, 2023, most FortisBC gas customers will see an overall decrease to their bill of approximately four per cent, or $4 per month depending on consumption.
“Customers will see an overall decrease because the cost of gas has gone down,” said Joe Mazza, vice-president of energy supply and resource development with FortisBC. “It’s important to remember, however, that rates reflect more than just the price of the commodity. Our rates also factor in important infrastructure upgrades and maintenance to our system to ensure the safe and reliable delivery of energy to our customers.”
As of January 1, 2023, residential customers in the Lower Mainland, Fraser Valley, Interior, North, Squamish, Whistler, Vancouver Island, Revelstoke and the Kootenays will see an overall monthly decrease of approximately four per cent, or $4 per month based on the average monthly consumption of 7.5 gigajoules (GJs).
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 the commodity purchased on their behalf.
“We do not mark up the cost of gas, so customers pay what we pay,” the company says.