National

As B.C. Hydro Reworks Estimates, Utility Seeks 4 Per Cent Interim Rate Hike

The Canadian Press, 26 Feb, 2016 12:40 PM

VANCOUVER — BC Hydro is calling for an interim, one-year rate increase of four per cent, adding about $4 a month to residential power bills.

Hydro President and CEO Jessica McDonald made the announcement while offering an update on how the Crown utility delivers its 10-year rates plan.

McDonald says the four per cent increase is included in the 10-year plan.

Hydro has applied to the B.C. Utilities Commission for the hike as it crunches numbers after the provincial government deferred hydro increases for B.C.'s mining sector.

McDonald says Hydro originally planned to submit a three-year application for rate increases of three to five per cent, but that request will be delayed for several months.

Hydro says it has to invest an average of $2.4 billion a year in the province's aging electricity system, upgrading facilities built in the 1960s, 70s and 80s.

Prev Next

MORE National ARTICLES

Supreme Court Dismisses Appeals From B.C. Murderer And Montreal Woman

The Supreme Court of Canada announced Thursday it won't hear appeals from Peter Quon San Wong and Elena-Gabriela Zugravescu.

Supreme Court Dismisses Appeals From B.C. Murderer And Montreal Woman

Border Officials Seize 1,300 Kilograms Of Hashish At Port Of Montreal

The Canada Border Services Agency says the drugs were found Dec. 10 in a marine container filled with boards of floating floor and wooden handcrafted furniture.

Border Officials Seize 1,300 Kilograms Of Hashish At Port Of Montreal

Jumbo Glacier Resort Appeals B.C. Decision, Cites Friendship Between Minister, Project Critic

Backers of a proposed ski resort say the decision by British Columbia's environment minister to stymie the project was inappropriately affected by her friendship with one of the project's most prominent critics.

Jumbo Glacier Resort Appeals B.C. Decision, Cites Friendship Between Minister, Project Critic

Soldier In Toronto Highrise Murder Suicide Suffered From Ptsd, Obituary Says

The tribute to Robert Giblin says the 43-year-old underwent treatment for the mental health condition and "put the pieces of his life together" before meeting and marrying Precious Charbonneau, 33.

Soldier In Toronto Highrise Murder Suicide Suffered From Ptsd, Obituary Says

Canadian Tire Adds 33 Types Of Holiday Collection Lights To Safety Recall

It says the lights should not be used and can be returned to Canadian Tire stores for a refund.

Canadian Tire Adds 33 Types Of Holiday Collection Lights To Safety Recall

Yukon Coroner Rules Woman Died From Efforts To Save Her From Bear Attack

A Yukon coroner's report has found a bullet, not a bear, killed a woman who was being attacked by a grizzly near Johnsons Crossing, 120 kilometres southeast of Whitehorse.