Natural gas meters are seen on the side of a condominium complex in Vernon, B.C., Tuesday, Oct. 23, 2018.
Image Credit: FILE PHOTO
December 04, 2019 - 3:05 PM
You may be in for some savings on your natural gas bill in the new year.
FortisBC has received approval from the British Columbia Utilities Commission to decrease natural gas bills for the majority of its customers to start 2020.
In the southern Interior, that will mean savings of approximately two per cent or $18 for the year based on the average annual usage of 90 gigajoules.
“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,” Dennis Swanson, vice-president of energy supply and resource development with FortisBC said, in a press release. “And since we don’t mark up the cost of natural gas, our customers pay what we pay.”
The cost of natural gas remains steady but storage and transport costs are decreasing overall, FortisBC said.
Last winter, significantly reduced pipeline transportation capacity impacted natural gas supply in the region and led to increased storage and transport rates for FortisBC’s customers in 2019.
With regional pipeline transportation capacity returning to more normalized levels this winter, customers will see a decrease to the storage and transport rate on their bills for 2020, according to the utility.
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