Fortis promises no hike in gas prices for the rest of 2025
By Fortis BC
FortisBC Energy Inc. (FortisBC) has received approval from the British Columbia Utilities Commission (BCUC) to maintain the cost of gas rates for its customers at $2.230 per gigajoule (GJ) as of October 1.
“We understand that energy costs are important for the families and businesses we serve across British Columbia,” said Sarah Nelson, director of customer service. “Even with the cost of gas staying the same, if you have questions about your bill, we’re here to help. Our dedicated customer service team is ready to provide energy-saving tips, answer billing questions and offer personalized solutions to meet your needs.”
The Renewable Natural Gas[i] (RNG) rate for customers subscribed in the voluntary designated RNG program[ii] will also stay the same at $9.23 per GJ.
FortisBC acquires gas at market-based prices, and factors like supply and demand, weather and economic conditions affect the price of gas in North America. FortisBC does not mark up the cost of gas, so its customers pay what it pays. The BCUC reviews FortisBC’s cost of gas rates every three months and will review them next in December.
To help keep rates affordable for its customers, FortisBC purchases gas in the summer when prices are lower and stores it so that lower-cost gas is available to customers in winter months when prices are higher. In addition, FortisBC sells any surplus gas back to the market to further offset costs and passes those savings on to its customers.
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 so they can set and track goals as well as create customized action plans. They can use the rebates and offers finder to find even more ways to help save energy and reduce costs.
For more information about rates and the components that make up a FortisBC gas bill, visit fortisbc.com/rates.
