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

Park bylaw for former water district land fails

Nanaimo Mayor Bill McKay’s opposing vote delays dedication of parkland

BEST & BRIGHTEST: Student is definitely graduating in style

Wellington Secondary grad Hailey Urbanoski happy to help others with her design sense

Dover Bay ranks highest in Nanaimo school district in Fraser Institute report

The Fraser Institute releases annual report card on secondary schools

BEST & BRIGHTEST: Student finds balance between local and global thinking

Colton Van Der Minne of NDSS already learning at next level

More than 150 tremors hit Vancouver Island in last 24 hours

Seismologists monitor to see if pressure will be added to major fault

Homeless people living on ‘Surrey Strip’ move into modular housing

BC Housing says 160 homeless people are being moved into temporary Whalley suites from June 19 to 21

Man rescued after jumping from ferry near Bowen Island

BC Ferries said the man was in stable condition

Apartment building with affordable units proposed for central Nanaimo

Building on Pryde Avenue will include accessible suites

Senate officially passes Canada’s marijuana legalization bill

Bill C-45 now moves to royal assent, which is the final step in the legislative process

Fake attempted abduction not funny to B.C. neighbourhood residents

Two teenage boys won’t face criminal charges after scaring girl

Mosquitoes out in full force already? Blame the weather

But a B.C. mosquito expert says the heat wave will help keep the pests at bay

Man pleads not guilty in 1987 slayings of Vancouver Island couple

William Talbott of SeaTac was arraigned Tuesday in Snohomish County Superior Court

New GOP plan: Hold kids longer at border – but with parents

Move would ease rules that limit how much time minors can be held with their parents

Without a big data strategy, Canadians at risk of being ‘data cows’

Presentation said artificial intelligence could give Facebook and Amazon even more power

Most Read