New FortisBC rates kick in

Residential FortisBC customers are now paying more for power. - Courtesy FortisBC
Residential FortisBC customers are now paying more for power.
— image credit: Courtesy FortisBC

FortisBC customers will see adjustments to their power bills this month.

The power company has received approval for a 1.5 per cent interim rate increase, and at the same time is “rebalancing” rates for each customer group.

It means small businesses get a two per cent reduction, commercial customers a 7.8 per cent reduction, and major industry a 6.8 per cent reduction.

Residential, lighting, and wholesale customers rates are rising 2.5 per cent. There's no change for irrigation customers.

The juggling is the result of an analysis “done periodically to ensure rates are fair and equitable between customer groups and that no one customer class is subsidizing another,” vice-president Tom Loski said in a news release.

The adjustments are combined with a 1.5 per cent “interim and refundable” rate increase the company says will allow it to “make safety and reliability investments in the electric system and build infrastructure.”

The BC Utilities Commission approved the increase last month — although it is less than the four per cent the company asked for.

FortisBC is also seeking a 6.9 per cent rate increase for 2013.

The company serves much of West Kootenay.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

Nelson area tourism sees double digit increase
UPDATED: Nelson student falls four storeys
Perry Siding cancel drives up bidding
Celebrate with free day at the pool
Driver and passenger walk away from crash
BC Hydro rates going up 28% over five years
Ferner re-joins Vipers
Celebration of spring is set in stone
No injuries as truck crashes at McDonald’s in Summerland

Community Events, September 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Sep 19 edition online now. Browse the archives.