The majority of natural gas customers will see an increase to their cost of gas of $0.909 per gigajoule (GJ), meaning the cost of gas will change from $1.141/GJ to $2.050/GJ. That is an increase of just under 80%. However, commodity fees is just a part of a customers bill. The changes will result in a 12% bump on the average bill.
FortisBC says the change will cost the average BC customer an extra $82 a year, a number that will likely be significantly higher for northern climates. The increase will be reviewed in three months.
** a previous version of the story used a headline indicating natural gas rates are going up 80%. While the commodity price is, it’s just one part of what makes up an overall customer bill. Customers can expect a 12% increase at the end of the day.
