Electricity rates are set to increase next month, according to a press release issued by FortisBC this afternoon.The release reads as follows:
FortisBC has completed its annual rates review with the BC Utilities Commission (BCUC) and has received approval from the BCUC for a 1.6 per cent increase effective August 1, 2015.
The increase is necessary to make upgrades and improvements to the electrical system and to purchase added capacity for the system. Capacity is needed to provide customers with electricity during peak times of the day and year.
Read full article here.
Castlegar Source -The Nelson Daily – July 30, 2015.
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