FortisBC customers will continue to pay 2017 rates in 2018
No change to electricity rates for FortisBC Customers.
The BCUC has approved the utilities request to maintain 2017 electricity rates in 2018.
Each year, FortisBC has to submit an application for BCUC approval that determines the rates for the following year.
The 2017 rates stayed in place as interim rates while the BCUC considered the application, so this decision makes these rates permanent for 2018.
According to Fortis, this will keep their electricity rates below average when compared to other cities across North America, despite investing more than 1 billion dollars in system upgrades since 2004.
Projects now underway include updating and modernizing the four original power generation units at the 110-year old Upper Bonnington Generation Plant and replacing the lift gates at the Corra Linn Dam, two of FortisBC's four hydroelectric facilities.