BC Ferries eliminates fuel rebate, travellers to pay more

The cost will rise another $2.20 on major routes between Metro Vancouver and Vancouver Island

Travellers on BC Ferries will have to pay slightly more money for their trips beginning later this month, as the company has announced it is axing their fuel rebate program.

Blaming the change on world fuel market conditions, BC Ferries says it is removing all fuel rebates currently in place on June 27, 2018, meaning travellers on many routes will have to pay roughly three per cent more.

The fuel rebate program had been in place since the spring of 2016 and often changes between a rebate or surcharge depending on the volatility in the price of fuel. BC Ferries says they do not benefit financially from this mechanism.

The removal of the fuel rebate means those travelling on the Metro Vancouver-Vancouver Island route will pay $0.50 more per person and an additional $1.70 per vehicle.

Those travelling on a variety of northern, or other minor routes will pay an additional $0.30 per person and $.70 per vehicle.

“Over the past 14 years, we’ve had fuel surcharges, fuel rebates and periods with neither, depending on the market price of diesel fuel, so over the years it has basically been neutral for our customers,” said Mark Collins, BC Ferries’ president and CEO.

“We know that the affordability of travel is important to our customers, and we use fuel deferral accounts and fuel hedging as tools to help reduce the impact that fluctuating fuel prices have on the cost of ferry travel.”

BC Ferries says it closely monitors the cost of fuel and applies a rebate or surcharge based on the volatility in price of fuel under a regulatory process that is independent of tariffs.

Like us on Facebook and follow us on Twitter.

Just Posted

Former Nanaimo CAO Tracy Samra now working for First Nation in Vancouver

Ex-city manager listed as Musqueam chief administrative officer, according to NEB filing

LETTER TO THE EDITOR: Citizens have right to protest tent city however they wish

Here’s a reality check to virtue signallers and social justice warriors, says letter writer

Nanaimo city councillor Bill Yoachim to leave municipal politics

Second-highest vote getter in previous civic election will not seek re-election in October

City committee member seeking seat at council table

Erin Hemmens announces she’s running for Nanaimo city council

Nanaimo Lakes fire being held, says B.C. Wildfire Service

Fire’s classification was downgraded today from ‘out of control’

B.C. wildfires 2018: Hazy skies impacting crews in spotting new fires

18,000 people are on an evacuation alert, with 3,000 homes under an evacuation order

Beefs & Bouquets, Aug. 16

To submit a beef or a bouquet to the Nanaimo News Bulletin, e-mail bulletinboard@nanaimobulletin.com

Red Cross now accepting donations for those impacted by B.C. wildfires

The Canadian Red Cross is asking for help now and in the weeks and months ahead.

Court rules against City of Nanaimo, fire safety enforcement order denied

Supreme Court of B.C. initially made the order last month in Nanaimo

B.C. program to educate parents reduces ‘shaken baby syndrome’ by 35%

Period of PURPLE Crying was launched nearly a decade ago

UPDATED: Vancouver Island community under evacuation alert due to wildfire

BC Wildfire Service says steep terrain near Zeballos poses challenge as “out of control” wildfire approaches homes

B.C. golfer, just 23, scores the rare albatross

Six-million-to-one shot a first for the Terrace club

Fredericton widow swears at Trudeau during condolence call

Widow of man killed in Fredericton shooting says she swore at Trudeau during condolence call.

Most Read