Listen Live
Listen Live
Listen Live

BC Hyrdo rates going up 4%

As expected, BC Hydro rates will be going up next year by 4%.

The increase has been pencilled in since 2013, when the province passed a ‘10 Year Rates Plan’

The crown corporation says the bump is needed to fund new investment in an aging system. BC Hydro is expected to spend $375M in conservation programs and $7.6B over the next three years.

However, NDP BC Hydro Critic Adrian Dix says taxpayers are simply paying for the mismanagement of BC Hydro.

“This latest rate increase application, is an application that will hurt families, make life less affordable. It’s effectively a hidden tax increase, and one that continues to damage the province’s economy.”

Under the ten year plan, further rate increases will be capped at 3.5% in 2018 and 3% in 2019.

Dix also blasted the Site C project, calling it unnecessary and overblown.

“While demand is supposed to be going up by 40% over 20 years, this year it actually went down by one third the size of Site C.”

BC Hydro’s rate residential rates remain the third lowest in North America.

Friday’s increase will cost the average customer an extra $4 a month.

Something going on in the Cariboo you think people should know about?
Send us a news tip by emailing [email protected].

Continue Reading

ckbx Now playing play

cffm Now playing play

ckcq Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

B.C. adds 5k jobs in June, led by gains in part-time work

British Columbia added 5,000 jobs in June but saw a dip in full-time employment, according to the latest jobs report from Statistics Canada. 

B.C. adds 5k jobs in June, led by gains in part-time work

British Columbia added 5,000 jobs in June but saw a dip in full-time employment, according to the latest jobs report from Statistics Canada. 

Missing Woman Last Seen in Quesnel Found Deceased

RCMP report on July 11, 2025, they have found Alice Chingee deceased. Chingee was reported missing on July 18, 2024.

B.C. maintains decision to end drug coverage for girl with rare, fatal disease

B.C. is standing by the decision not to continue drug coverage for a Vancouver Island girl with a rare, fatal disease. 

Mount Polley Production is Up in 2nd Quarter Report

Mount Polley Mine's second quarter report, released in July, reports that the Mine's production in copper, gold, and ore milled is up compared to the reports in the same time last year.
- Advertisement -