Natural gas bills will be going down for most of the province in 2020.
FortisBC has received regulatory approval from the British Columbia Utilities Commission to decrease natural gas bills for the majority of its customers. The BCUC is the regulating body responsible for reviewing and approving rates.
“Natural gas continues to be an affordable option to heat a customer’s home and water when compared to other energy choices in British Columbia,” FortisBC energy supply and resource development vice-president Dennis Swanson said in a press release. “And since we don’t mark up the cost of natural gas, our customers pay what we pay.”
The reason for the decrease is because it doesn’t cost as much to store and transport natural gas as it did last year.