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

Homeless campers of Namegans Nation head to Oak Bay

Roughly 30 members of roving tent city settle at Cattle Point in Uplands Wednesday

Legalization at the legislature: Victoria celebrates with free cannabis

Longtime cannabis activist Dana Larsen hands out free joints, seeds, plants

B.C. moves ahead with speculation tax despite mayors calling for changes

Oak Bay mayor says he was hoping for a different outcome

UPDATE: Pat Bay Highway traffic moving again after motorcyclist rear-ended

Three vehicle collision stalled traffic in southbound lane Wednesday shortly before 4 p.m.

MP calls federal government’s cannabis pardon ‘half-baked’

Murray Rankin introduced bill to expunge criminal possession records for free

Watch: Saanich responds to mock emergency for ammonia Leak

Hazmat suits, emergency centre respond to mock ammonia leak

Find your future at Black Press career fair in Victoria

More than 70 booths expected at Bay Street Armoury on Oct. 25

Jagmeet Singh says marijuana pardons are not enough

Trudeau government will streamline pardon process for Canadians convicted of simple possession of marijuana in the past

POLL: Do you support amalgamation for communities in the Capital Region?

Residents in Victoria and Saanich will be voting on Oct. 20 on… Continue reading

VIDEO: Courtenay marks legalization by passing out free joints

Leaf Compassion celebrates new marijuana law in Courtenay

Caregivers banned from smoking, growing cannabis around children-in-care: MCFD

Ministry has limited cannabis use for caregivers, stating it may “pose a risk to children and youth.”

Jusu adds hemp extract to the menu in Greater Victoria

Food and beverage product to be enhanced with hemp extract

Cheaper strains sell out within minutes on online BC Cannabis Store

Province says new strains will become available in the coming months

Only 40% of B.C. car dealerships have electric cars available: report

Researchers found buyers frustrated at the lack of options

Most Read