Electricity rates are going up in the Okanagan.
FortisBC announced Friday it has received regulatory approval to raise rates 2.96 per cent, effective Jan. 1.
Fortis says the rate increases are due to ongoing infrastructure investments to improve reliability of its system.
“We recognize the importance of electricity to daily lives and we are dedicated to meeting customers’ expectations for safe, reliable service at the lowest reasonable rate,” said Roger Dall’Antonia, executive vice-president of customer service and regulatory affairs.
The rate increases works out to an increase of $3.81 per month for the average residential customer, according to Fortis.