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.

  • Nov. 2, 2017 6:30 p.m.

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

Just Posted

COTR honours Orange Shirt Day

A virtual event to raise awareness about Orange Shirt Day is being hosted early on Sept. 22

Invermere gets new CAO

Invermere found his new CAO after a long period of research.

Radium council discusses short term rentals

RHS council are elaborating the second draft plan for STR

Farmers’ Institute report highlights emerging local food scene

Beef cattle ranching remains mainstay of valley agriculture

B.C. records 98 more COVID-19 cases, most in Lower Mainland

One new senior home outbreak, Surrey Memorial outbreak over

PHOTOS: 2nd calf in a month confirmed among Southern Resident killer whale pod

Center for Whale Research said they will eagerly await to observe the calf to evaluate its health

97 distressed horses, cats and dogs seized from farm in Princeton

RCMP assisted as BC SPCA executed search warrant

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

$250K reward offered as investigation continues into Sea to Sky Gondola vandalism

Police also asking for specific footage of Sea to Sky highway around time of incident

Trudeau ‘disappointed’ by RCMP treatment of Sikh officers over mask issue

World Sikh Organization of Canada said taking Sikh officers off the front lines constitutes discrimination

Liberals reach deal with NDP on COVID-19 aid bill, likely averting election

NDP and the Liberals have reached an agreement on COVID-19 sick-leave

Most Read