FortisBC's rate change will save B.C.'s residents an average of between $90 and $125 per year on home heating bills.
Gas used to heat your home in B.C. is set to take a price cut, dropping bills up to $125 a year after the province’s largest gas utility received regulatory approval to adjust its cost.
The BCUC reviews Fortis’s gas costs every financial quarter to ensure the utility doesn’t earn a profit or mark up costs with swings in commodity prices. Fortis, meanwhile, says it will increasingly offer options to receive “renewable gas” as a way to contribute to decarbonizing B.C.’s energy sector — a province where, alongside transportation, emissions from buildings often make up the largest share of a municipality's carbon pollution.
FortisBC says making gas a key part of B.C.’s energy future would avoid expensive retrofits. In 2021, the company commissioned a report that claimed a mixed gas-electric future will still meet B.C.'s climate emission reduction targets and will save $100 billion. But those numbers could be way off. One recent report found errors in the way fugitive methane emissions are being tracked and suggests current estimates are under-reported and should be over 90 per cent higher. Even renewable natural gas could prove "climate intensive,” one 2020 study suggests.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forty key events in B.C. Place's 40 year historyWhen the roof went up writers compared it to a souffle, a giant pillow, the rear end of a white elephant and a marshmellow in bondage.
Read more »
B.C. dementia caregivers urged to plan ahead for summer climate emergenciesThe Alzheimer Society of B.C. is urging community members to plan ahead
Read more »
Eric Akis: Two B.C. cookbooks serve up tasty West Coast recipesHave a ultra-tasty summer — with the help of two B.C. cookbooks
Read more »
Worker Solidarity Network calls on B.C. to protect workers in extreme heat - Terrace StandardThe group demonstrated in front of the B.C. Legislature Saturday with a giant thermometer
Read more »
Swiss climate bill approved in referendum as Alpine nation’s glaciers succumb to warmingProjections show 58.3 per cent of voters support bill with measures to curb the country’s greenhouse gas emissions
Read more »
Projections indicate Swiss approve climate bill as Alpine nation's glaciers succumb to warmingA majority of Swiss citizens on Sunday voted in favour of a bill aimed at introducing new climate measures to sharply curb the rich Alpine nation's greenhouse gas emissions, projections indicated.
Read more »