In the Lower Mainland, Fraser Valley, Interior, North areas and the Kootenays the decrease is C$2.24 per gigajoule (GJ), and works out to an annual savings of about 15% or between approximately C$213 and C$247 per year, depending on consumption. The cost of gas decrease to C$7.54 per GJ is not expected to affect the commodity rate for customers participating in the customer choice program.
In the Fort Nelson area, the decrease is C$2.07 per GJ, and works out to a savings of approximately 17% or C$332 on the total annual gas bill, based on an average annual consumption of 160GJ per year.
Cynthia Brisay, vice president of gas supply and transmission at Terasen Gas, said: In response to changing market prices since our rate filings with the British Columbia Utilities Commission (BCUC) last week, we have updated our applications, requesting lower commodity rates for our customers. As a result of this additional information, the BCUC approved our request for larger commodity rate reductions than those outlined in our original filings.
