04:09:24 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Fortis Inc
Symbol FTS
Shares Issued 486,453,160
Close 2023-09-18 C$ 56.37
Market Cap C$ 27,421,364,629
Recent Sedar Documents

Van Sun/CP say Fortis to lower gas prices in October

2023-09-19 09:25 ET - In the News

The Vancouver Sun reports in its Tuesday edition that B.C. natural gas users can expect to see their monthly bills decrease starting in October. A Canadian Press dispatch to The Sun quotes FortisBC saying in a statement that it has been given approval by the B.C. Utilities Commission to drop its gas rates for customers by more than 90 cents a gigajoule starting Oct. 1. The utility says it will amount to about $7 a month in savings for residential customers, depending on a customer's consumption. Joe Mazza, vice-president of energy supply at FortisBC, says the decrease will provide customers with some financial relief as they head into the colder fall and winter months. He says Fortis B.C. understands energy costs are an important part of household budgets and the company tries to deliver gas at the lowest cost. FortisBC buys natural gas at market prices, and passes those costs onto the consumer. Fortis closed Monday at $56.37, down 13 cents on the Toronto Stock Exchange.

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