Regulatory affairs
British Columbia Utilities Commission regulates FortisBC
FortisBC is regulated by the British Columbia Utilities Commission (BCUC) and its rates are set within a framework that combines cost of service and performance-based regulation. This framework is intended to encourage FortisBC to operate efficiently by permitting its shareholders and customers to share in cost savings if specified targets are met.
FortisBC includes the Gas Holding Company, Gas Utility (FortisBC Energy Inc.) and Electricity Utility (FortisBC Inc.) and are subsidiaries of Fortis Inc.