The BC Utilities Commission is green-lighting the amalgamation of natural gas systems, and it’s going to mean big savings for businesses and consumers on the Sunshine Coast and Vancouver Island.
There’s been a rate differential for years, in part to cover the cost of setting up the natural gas system for the area.
But Fortis says it’s no longer needed. Local governments have also been pushing for the change.
RDN Chair Joe Stanhope has been leading the effort through the Association of Vancouver Island and Coastal Communities.
Rates could go down as much as 25 per cent, but to compensate there will be a slight increase on the Lower Mainland.
The province still needs to give final approval, but Stanhope says that’s likely just a formality.