Province to meet with BC Hydro over pricing, billing

Officials will discuss potential changes to deferred debt, past price increases and two-tier billing early in the new year.

The premier of B.C. says his government will be meeting with BC Hydro officials in the new year to discuss a number of issues including deferred debt, the steady increase in electricity pricing and also the much maligned two-tier billing process.

Speaking to reporters this week, John Horgan acknowledged a “host of issues” at BC Hydro and levelled his criticism at the former governing Liberals who he says had left the crown corporation “far from under control”.

“I’m committed to making sure that I’m protecting rate-payers from rate shock, which we’ve seen. Over the past decade our rates have been going up far faster than the cost of inflation; far faster than other jurisdictions.”

RELATED: Election 2017 – What’s up with hydro rates?

RELATED: John Horgan appoints new BC Hydro chair

With snow already falling in many parts of the province, Horgan said he remains critical of how the BC Liberals introduced the two-tiered pricing program, even encouraging residents to get rid of their wood stoves and converting to electric heat — those same residents who are now seeing their rates go through the roof.

“I don’t think the two-tiered system takes into consideration the diversity of family units in B.C. and I think if you want to use it as a demand management technique, to reduce peoples use of electricity, that’s a good thing,” Horgan continued.

“But if the consequence is that every month everyone’s paying more, everyone’s going past that first tier, then I think we need to take a look at it.”

Site C dam

Holding firm on his election commitment to make a decision on Site C by the end of 2017, the B.C. Utilities Commission released its independent report on Wednesday, finding that the final cost “may” exceed $10 billion.

Horgan’s government instructed BCUC to come up with cost estimates for completing the dam, pausing construction for a more thorough review of alternatives and future electricity demand, or stopping it and restoring the project area.

The report estimates the cost of shutting down Site C and remediating the project area to be $1.8 billion, plus the cost of finding alternative energy sources to meet demand, on top of the $2 billion already spent. Choosing to suspend construction would add at least $3.6 billion to the final cost according to the report.

FROM THE VAULT: BC Hydro rates going up 28 per cent over five years

RELATED: BC Hydro applies to raise rates by four per cent

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

Feds announce $8.3M to deal with ‘ghost’ fishing gear in B.C. waters

Ghost gear accounts for up to 70 per cent of all macro-plastics in the ocean by weight

Residents oppose changes to parking at Port Alberni apartment unit

Tenants also say maintenance needs to be done before expansion should happen

QUINN’S QUIPS: Hawks’ nests halt logging in Alberni Valley Community Forest

Biologists will take two years to study nest site, says forest manager

City of Port Alberni receives $2M from community forest

AVCF hands over largest dividend cheque ever after successful year in 2019

Indigenous man behind complaint of BC Transplant’s alcohol abstinence policy has died

David Dennis, who is Nuu-chah-nulth, argued that six-month sobriety policy is a ‘lethal form of racism’

The pandemic is widening Canada’s workplace gender gap

Gender pay gap is incentivizing fathers to work while mothers watch children, a new B.C. study has found

Ex-Okanagan Mountie forfeits 20 days’ pay after sexual misconduct review

A former Vernon RCMP constable made sexual comments, grabbed genitals of male officer in two incidents 10 years ago

Man found dead on Okanagan trail identified as Hollywood actor

GoFundMe campaign launched for man found dead at summit of Spion Kop

3 people dead in Prince George motel fire

Fire personnel believe the blaze was suspicious although investigation in early stages

B.C. sets terms to review police, mental health, race relations

MLAs to recommend Police Act changes by May 2021

Almost 99% less land in B.C. burned this year compared to 2018

2018 was the worst year on record for wildfires

B.C. orders Coastal GasLink to stop pipeline construction near protected wetlands

The 670-kilometre pipeline is planned to transport natural gas from northeast B.C. to Kitimat

B.C. tent camps persist as hotels, housing bought for homeless

Current estimate 40 camps, homeless counts stalled by COVID-19

Most Read