FortisBC nets $15 million in Q3

The company that provides power to much of the West Kootenay-Boundary saw its earnings hold steady in the third quarter.

According to its quarterly financial report out today, FortisBC netted $15 million between July and September, which was unchanged from the same period of last year. That was despite the fact that electricity sales actually declined due to lower average consumption.

Year-to-date, net earnings sit at $61 million, up from $57 million at this point in 2025.

On the gas side, FortisBC reported third-quarter net earnings of $6 million. The company broke even in the third quarter of 2025. So far this year, net earnings from gas sales have come to $226 million, up from $202 million a year earlier.

It all contributed to parent company Fortis Inc.’s third quarter net earnings of $474 million, up from $409 million last year. So far this year, Fortis Inc.’s net earnings sit at $1.37 billion, up from $1.29 billion in the first nine months of 2025.

FortisBC also serves the Okanagan and Similkameen.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Will the BC interior have a bigger voice in Victoria?

Should communities in BC's interior be encouraged by the fact that incoming premier Lorne Doerksen is from Williams Lake? Possibly, says one politicial science professor.

How can the B.C. NDP win back voters after their election setback?

The B.C. NDP is promising a hard look at what went wrong after its crushing Oct. 24 election loss.

B.C.’s new time zone could cause confusion for businesses, travellers, say experts

Most of British Columbia stayed on daylight saving time Sunday, completing its move to permanent daylight time, but experts warn the change may create some confusion for businesses and travellers.

Louie Corrado, the oldest Trail Smoke Eater, dies at 100

Corrado, a defenseman, joined the senior Smoke Eaters in 1948 after brief stints with the Spokane Spartans and Kimberley Dynamiters. He played for the Smoke Eaters through 1956.

Q&A with outgoing RDKB chair Grace McGregor

Grace McGregor is retiring after nearly 21 consecutive years as regional director for Christina Lake. We spoke to her a day after she chaired her final Regional District of Kootenay Boundary meeting.
- Advertisement -