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

Chicken and Broadway on the menu at Bite of Nanaimo

Food, music and roving broadway characters a recipe for TheatreOne fundraiser Friday, Oct. 19

Candidate want to help people have a say in their city’s leadership

Lloyd MacIlquham one of 40 candidates running for Nanaimo city council

UPDATE: Shots fired at house during fight in Nanaimo

Shots were fired at about 2:30 p.m. Thursday in 500 block of Kennedy Street, say RCMP

Nanaimo police warn public after nine-year-old girl approached by pickup truck driver

Incident happened Wednesday morning near Park Avenue School

UPDATE: Shots fired at house during fight in Nanaimo

Shots were fired at about 2:30 p.m. Thursday in 500 block of Kennedy Street, say RCMP

Candidate lists finalized for Nanaimo, Lantzville, RDN, school district

Nomination deadline passes in advance of Oct. 20 local government elections

Election 2018: candidate questionnaires

News Bulletin’s questionnaire responses for Nanaimo, Lantzville, school board, regional district

When to vote, where to vote, how to vote

Voting day is Oct. 20, with polls open 8 a.m.-8 p.m.

Beefs & Bouquets, Oct. 18

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

Nanaimo heritage building damaged by early morning fire

Franklyn Street Gym in Nanaimo’s Old City Quarter suffers extensive fire, smoke and water damage

Jets score 3 late goals to beat Canucks 4-1

Winnipeg ends three-game Vancouver win streak

San Group announces plans to build new sawmill in Port Alberni

San Group has purchased 25 acres of Catalyst Paper land for expansion

Two B.C. cannabis dispensaries raided on legalization day

Port Alberni dispensaries ticketed for “unlawful sale” of cannabis

Most Read