Ed. note: The following is a press release issued by FortisBC.
FortisBC has received regulatory approval for a 2.96 per cent increase for electricity rates to take effect January 1, 2016.
“We recognize the importance of electricity to daily lives and we are dedicated to meeting customers’ expectations for safe, reliable service at the lowest reasonable rate,” said Roger Dall’Antonia, executive vice president customer service and regulatory affairs. “Keeping electricity rates among the lowest in North America is important to us, which is why we make prudent investments in the system and purchase the necessary capacity so our customers have power when they need it most now and into the future.”