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

Just Posted

Drug-checking started as pilot project in Chilliwack to test for fentanyl

Substance is mixed with water on test strip, and result is revealed in minutes

Chilliwack goes cluck-cluck for chickens ahead of civic election

With an election in sight, urban chickens supporters ramp up their efforts for legal acceptance

Chilliwack basketballers grab gold at U-15 nationals

Julia Tuchscherer and Marijke Duralia led Team B.C. past Team Ontario in the title game.

Minto Cup trip for Chilliwack Mustangs lacrosse grad

Tyson Kirkness leads his Coquitlam Adanacs into battle at the national junior championship.

Wildfire smoke brings in air quality advisory for Lower Mainland

People with health conditions are urged to avoid the outdoors

A look at B.C. wildfire smoke from space

NASA provides a timelapse of smoke covering B.C. from space

Child dies in boating incident in Okanagan

A North Vancouver family was boating on Kalamalka Lake in Vernon when the incident occured

B.C. Wildfires 2018: Province calls for federal aid

More fires have burned in B.C. already this year than did in all of 2017

Kayak in Indian Arm waters off B.C.’s Deep Cove and feast on famous doughnuts

About a half hour drive from Vancouver, Deep Cove is a great kayaking spot for locals and tourists

Child, 4, attacked by cougar near Fernie

The BC Conservation Officer Service said it happened while the family was fishing

Trans Mountain pipeline protesters practise resisting police at Camp Cloud

Last week, a Supreme Court judge granted the City of Burnaby an injunction ordering protesters to remove everything from the site

Gun used in Fredericton killings is legal, man had licence

Police Chief Leanne Fitch said the long gun is commonly available for purchase, and is not a prohibited or restricted weapon

Ontario will sell pot online when legalization comes in the fall

There are further plans to have pot in private retail stores in early 2019

Woman missing after car swept away by mudslide near Cache Creek

A search is now underway for Valerie Morris, who has been missing since the afternoon of August 11.

Most Read