147781
149003
Kelowna  

FortisBC bill going up

If you're a FortisBC electricity customer, you'll see your bill start to go up again in the new year.

The Kelowna-based utility received interim approval from the BC Utilities Commission to raise its electricity rate by 2.76 per cent – slightly less than the 3.7 per cent increase it was seeking in its application.

That's an increase of about $3.65 per month for the average residential electricity customer.

The company said the increase is due to ongoing maintenance and the cost of purchasing power.

“We work to make investments in the system and purchase the necessary capacity so our customers have power when they need it most now and into the future,” said Diane Roy, the company's vice president of regulatory affairs.

The change takes effect on Jan. 1, 2017.

FortisBC's parent company, Fortis Inc., has seen its revenue increase from just over $4 billion in 2013 to $6.7 billion in 2015.

BC Hydro rates are lower than FortisBC rates.

 

COMMENTS WELCOME

Comments are pre-moderated to ensure they meet our guidelines. Approval times will vary. Keep it civil, and stay on topic. If you see an inappropriate comment, please use the ‘flag’ feature. Comments are the opinions of the comment writer, not of Castanet. Comments remain open for one day after a story is published and are closed on weekends. Visit Castanet’s Forums to start or join a discussion about this story.



More Kelowna News

Recent Trending
143436


135881


149058


145595
Soft 103.9

Kelowna SPCA Featured Pet

Isabird
Isabird Kelowna SPCA >


135880


143301


Castanet Proud Member of RTNDA Canada
138242
148414