BC Hydro said the temporary hike would be mean about an extra four dollars a month per customer.

BC Hydro applies to raise rates by four per cent

Utility points to recent slump in commodity prices and a government plan to allow mines to defer electricity costs to keep running

BC Hydro applied Friday for an electricity rate increase of four per cent, starting April 1.

The utility said that would mean an extra four dollars a month for the average residential customer.

CEO Jessica McDonald said staff applied to the B.C. Utilities Commission to hike the rate for the next fiscal year because they need more time to update their forecasts in light of “recent events in the mining and LNG sectors.”

BC Hydro had planned to make a three-year rate application using government-mandated rate caps of four per cent this year, 3.5 per cent next year and three per cent in the following year.

McDonald said the next two years will still be within the government-directed caps, part of a 10-year rate plan that will turn the setting of rates back to the BCUC by 2020.

Energy and Mines Minister Bill Bennett recently announced a deferral program for mines, allowing them to put off paying their electricity bills to keep operating with low prices for metals and coal.

BC Hydro said it expects to continue to see an overall increase in demand for the next couple of decades.

Just Posted

#MeToo at work: B.C. women share horrifyingly common sexual assaults

It happens to more people than you might think and impacts women inside and outside of the workplace

Column: How to learn gratitude before it’s too late

In 2009 an Australian nurse named Bronnie Ware wrote an article on “Regrets of the Dying”

Column Drivesmart: Consider safety when the fog rolls in

Speed limits the time available to process data.

Police looking for witnesses to Dec. 8 crash near Crofton

No injuries, but extensive damage reported

VIDEO: Average Canadian food bill to rise by $348 in 2018

Atlantic Canada and B.C. will see the most increases for consumers

Cowichan Coffee Time: Donations and fundraising success

• Treasurer Cyndy Dinter of the Auxiliary to Cowichan District Hospital recently… Continue reading

Border officers rally at B.C.’s Peace Arch

CBSA employees tire of ‘lack of respect’

FCC votes along party lines to end ‘net neutrality’

Move rolls back restrictions that keep big providers from blocking services they don’t like

Family of Vancouver Island RCMP officer killed by drunk driver sues

Lawsuit seeks financial compensation from Kenneth Jacob Fenton

SPCA seizes 74 animals from Barriere property

Constables removed sheep, piglets, chickens and more

Penticton addiction recovery centre plan halted by neighbours

Recovery centre operator said neighbours bought property ‘in haste’

Reservations to be needed year-round at Garibaldi Park

Change will go into effect Jan. 2 to protest environment from overuse

One person dead in logging truck collision

“The logging truck was stopped for other traffic, and it was rear-ended by a passenger car.”

Most Read