Business electricity rates
The rate you pay for your electricity covers the cost of providing you with electricity service. Rates are subject to change; how they are designed is reviewed approximately every five years. The BC Utilities Commission (BCUC) reviews and approves all rate decisions.
Rates includes everything we do to bring electricity to your business, from buying or generating electricity to sending it along the many power lines, substations and poles in between.
How rates are designed
Rate design determines how rates are structured; that is, how much revenue is collected from each customer class, such as residential or commercial, so that each class is fairly charged for their share of the cost of providing their service. Rate design also determines how rates are structured for each rate class.
Find out how rates are designed.
Current rate decisions
FortisBC’s electricity rates are reviewed annually by the BCUC. On January 1, 2022, FortisBC's electric rates increased by 3.47 per cent. Some commercial customers may see additional changes to rates as FortisBC flattens two-tiered rates.
Learn more about the latest electric rate decision.