Fortis BC electrical rates rising in new year
FortisBC announced a one per cent increase in residential electrical rates, effective Jan. 1, 2020.
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December 20, 2019 - 4:15 PM
FortisBC electrical rates are heading upwards in the New Year.
The utility announced in a press release issued today, Dec. 20, it recently received approval for a one per cent general interim increase to be implemented on Jan. 1, 2020.
“This is a relatively modest increase and the first since 2017,” FortisBC regulatory affairs vice-president Diane Roy said in the release.
The rate change amounts to around a dollar per month increase to a residential customers’ bill, or $13.42 per year.
Some residential customers could see their bills decrease as the utility continues its five-year transition to a flat residential rate.
FortisBC provides electricity directly to customers in Kelowna, the South Okanagan and the Boundary-West Kootenay region, and indirectly to customers in Summerland and Penticton.
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News from © iNFOnews, 2019