Cost of gas to decrease on April 1 for FortisBC customers
"We understand that energy costs are an important part of our customers' budgets," said
FortisBC acquires gas at market-based prices, and factors like supply and demand, weather and economic conditions affect the price of gas in
FortisBC has some low-cost and no-cost ways that can help customers lower their energy use. Customers can also use My energy use, through Account Online, which provides them with a better understanding of their home's energy use. They can use the rebates and offers finder to find even more ways to help save energy and reduce costs.
FortisBC encourages any customers with questions about their bill to reach out to them. Their customer service team can provide energy-saving tips, answer billing questions and offer personalized solutions to meet customers' needs.
For more information about rates and the components that make up a FortisBC gas bill, visit fortisbc.com/rates.
About
BACKGROUNDER
Historical data for Mainland and
Items on a residential gas customer's bill
Daily or monthly basic charge
The basic charge is a flat fee that partially recovers the fixed costs of our system, whether or not customers are using any gas, as long as they are connected to the system.
Delivery charge
The delivery charge is based on consumption and pays for the cost of safely and reliably delivering gas through our system to our customers' homes and businesses. This helps cover the costs of maintaining our gas distribution system, provides a return to our investors and funds improvements to meet customers' needs. Delivery charges are reviewed by the
Storage and transport charge
The storage and transport charge reflects the prices we pay to other companies to store and transport gas through their pipelines and infrastructure. We do not mark up these costs, and they are reviewed quarterly and set annually by the
Cost of gas rates
Every three months, FortisBC reviews the cost of gas and voluntary RNG program rates with the
Other charges and taxes
Other charges and taxes include the B.C. clean energy levy, Goods and Services Tax and, in some municipalities, a municipal operating fee. These charges are set by various levels of government and collected by FortisBC on their behalf. FortisBC does not gain revenue from these charges.
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1 Renewable Natural Gas (also called RNG or biomethane) is produced in a different manner than conventional natural gas. It is derived from biogas, which is produced from decomposing organic waste from landfills, agricultural waste and wastewater from treatment facilities. The biogas is captured and cleaned to create RNG. When RNG is added to |
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2 Excluding commercial and industrial vehicle voluntary RNG rates under Rate Schedule 3VRNG, 5VRNG and 46, which are reviewed by the |
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