Wednesday, February 24, 2021
ADVT 
National

BC Hydro lowers rate, customers will receive credit

Darpan News Desk BC Hydro, 02 Dec, 2020
  • BC Hydro lowers rate, customers will receive credit

BC Hydro's residential customers will get a one-time credit of $4 on average early next year on their bills to reflect a change to its rates.

The BC Utilities Commission requested that Hydro amend its rate reduction for 2020-21 to reflect last year's results and its latest financial forecast.

That dropped the rate decrease to 1.62 per cent from 1.01 per cent.

The credit reflects the additional decrease and is retroactive to April 1.

BC Hydro says commercial customers will receive from $10 to $600 on average based on the size of the business, while industrial customers will receive up to $375,000.

Energy Minister Bruce Ralston says the government has been focused on keeping BC Hydro rates affordable and the rate cut is the first in decades.

Photo courtesy of Twitter. 

MORE National ARTICLES

B.C. says land registry makes market transparent

B.C. says land registry makes market transparent

Beginning Monday, any corporation, trustee or partnership that buys land in B.C. must disclose the interest holders of that land through the Land Owner Transparency Registry.

B.C. says land registry makes market transparent

Ottawa beefs up loans for hard-hit businesses

Ottawa beefs up loans for hard-hit businesses

The Liberal government's fiscal update sketches out a program that will provide low-interest loans of up to $1 million for badly hurt entrepreneurs.

Ottawa beefs up loans for hard-hit businesses

Feds promise national daycare in spring budget

Feds promise national daycare in spring budget

As a start, the Liberals are proposing in their fiscal update to spend $420 million in grants and bursaries to help provinces and territories train and retain qualified early-childhood educators.

Feds promise national daycare in spring budget

Vancouver Police issue $2300 ticket to the party host over the weekend

Vancouver Police issue $2300 ticket to the party host over the weekend

Police responded to a condo building and found 16 people at a party in one unit. The party was dispersed and a $2,300 violation ticket was issued to the primary resident of the unit.

Vancouver Police issue $2300 ticket to the party host over the weekend

Federal Government records deficit of more than $381 billion in face of COVID19 pandemic

Federal Government records deficit of more than $381 billion in face of COVID19 pandemic

Freeland defends the federal government's record deficit of more than $381 billion as affordable and necessary, arguing the government would make a bigger mistake by spending too little than by spending too much.

Federal Government records deficit of more than $381 billion in face of COVID19 pandemic

Charges laid in arson investigation: Surrey RCMP

Charges laid in arson investigation: Surrey RCMP

Three individuals from inside the residence were rushed to an area hospital suffering from smoke inhalation, one of whom also suffered from injuries consistent with having been assaulted.

Charges laid in arson investigation: Surrey RCMP