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

Missed a week of news? We’ve got you covered

Every Saturday, we post popular stories from the week

Long-time Hedley fan weighs in on concert

Davis Wiggs attended Hedley’s final show last night

Kelowna couple hoping for a miracle

Endang Suslash is hoping to stay in Canada so she continue receiving treatment for kidney failure

Highway potholes under ministry jurisdiction

The District of Lake Country doesn’t touch the highway when it comes to filling potholes

Embattled band Hedley plays last show in Kelowna before hiatus

About 3,000 tickets had sold for final performance at Prospera Place

Bottle drive held for Kelowna fire victim’s family

Springfield Elementary held a bottle drive today to support the Van Gool family

B.C. umpire has developed thick skin after 30 years listening to insults

Scott McLaren pays no mind to comments from the cheap seats

Musicians Sarah Harmer, Grimes join B.C. anti-pipeline protests

Musicians are in Vancouver for the Juno Awards on Sunday night

Canadian cities hold March for our Lives events in wake of Florida shooting

Hundreds of people support the massive March for Our Lives event in Washington, D.C.

Health officials called after acid spill near B.C.-Alberta border leaks into creek

Tanker truck crashed south of Dawson Creek, spilling 17,000 litres of hydrochloric acid

Trudeau to exonerate B.C. First Nations chiefs hanged in 1860s

Prime Minister to absolve Tsilhqot’in chiefs in relation to deaths of 14 construction workers

Snowfall warning for Highway 3

Kelowna - A snowfall warning is in effect from Paulson Summit to Kootenay Pass

Canucks sing the Blues as they fall to St. Louis 4-1

Berglund nets two, including the game-winner, to lift St. Louis over Vancouver

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Most Read