FortisBC has received approval from the BC Utilities Commission (BCUC) to change the delivery rate and storage and transport rate most gas customers pay, effective January 1, 2017. Most FortisBC customers will see no change to the cost of gas rate, which accounts for about two-thirds of their natural gas bill.
The average BC homeowner will continue to pay less than the cost of a latte for the natural gas they use at home for one day.
Select your region below to find out what your new natural gas rate is, and why the change is needed:
- Natural gas rates on your bill are made up of a few different components, including:
- delivery charges: a fixed daily basic charge and delivery charges for the gas you use
- commodity charges: the cost of gas and storage and transport charges
The market cost of natural gas varies and is currently at some its lowest commodity rates in the last 10 years. As we don’t mark up the cost of gas, we are able to pass on the benefits of these low prices to our customers. However, the cost of gas may appear disproportionately low compared to other charges on your bill.
When natural gas rates are higher, as they have been in the past, other charges on your bill make up a smaller percentage of the overall amount you pay.
Sample bills for January 1
Our natural gas rates are regularly reviewed and approved by our regulator, the British Columbia Utilities Commission (BCUC).
How rates are determined
Every three months, FortisBC reviews natural gas and propane cost of gas rates with the BCUC to make sure rates passed on to customers cover the cost of purchasing the gas on their behalf. Factors affecting the market price of natural gas and propane in North America include weather, supply and demand and economic conditions. Propane prices are also influenced by global oil markets.
More detailed information
More information about natural gas rates in BC is available in our tariff documents.
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