Close X
Wednesday, November 6, 2024
ADVT 
National

Bennett Says B.C. Utilities Commission To Resume Setting BC Hydro Rates

Darpan News Desk The Canadian Press, 04 Feb, 2015 03:30 PM
  • Bennett Says B.C. Utilities Commission To Resume Setting BC Hydro Rates
VICTORIA — The B.C. government has vowed to make the provincial utilities commission more independent almost three years after it stepped in and refused to allow the body to raise hydro rates for customers.
 
Energy Minister Bill Bennett says the government is prepared to implement the recommendations of a task force that calls for a strengthened and independent B.C. Utilities Commission.
 
The task force report released last fall made 35 recommendations to improve the governance, processes and performance at the BCUC.
 
Bennett says the changes will ensure the utilities commission resumes its role of setting BC Hydro rates by the third year of the government's 10-year rates plan, announced in November 2013.
 
In a statement today, Bennett says the government will work to implement the task force recommendations so the utilities commission can resume setting BC Hydro rates, but he does not elaborate on whether the hydro rate cap remains.
 
In May 2012, then-energy minister Rich Coleman ordered that the proposed 30 per cent rate increase be chopped in half, saying families need a break and the utility could afford the cut.
 
Among the task force's recommendations are hiring full-time commissioners and developing a memorandum of understanding to ensure clear roles and responsibilities between the government and the utilities commission.

MORE National ARTICLES

Former Secretary Of State Hillary Clinton To Speak In Winnipeg, Saskatoon

Former Secretary Of State Hillary Clinton To Speak In Winnipeg, Saskatoon
WINNIPEG — Former U.S. secretary of state Hillary Clinton is to speak in Winnipeg and Saskatoon today.

Former Secretary Of State Hillary Clinton To Speak In Winnipeg, Saskatoon

Crown wants 25 years for sex-abusing former Arctic priest

Crown wants 25 years for sex-abusing former Arctic priest
IQALUIT, Nunavut — Prosecutors have asked an Arctic court to sentence a defrocked priest convicted of sexually abusing dozens of Inuit children to 25 years in prison.

Crown wants 25 years for sex-abusing former Arctic priest

Alberta RCMP officer shot in head during vehicle theft investigation dies

Alberta RCMP officer shot in head during vehicle theft investigation dies
ST. ALBERT, Alta. — An Alberta RCMP officer who was shot in the head during a routine investigation in a community just outside Edmonton last weekend has died.

Alberta RCMP officer shot in head during vehicle theft investigation dies

Bank Of Canada Shocker: Key Interest Rate Drops To 0.75% Amid Oil Slump Threat

Bank Of Canada Shocker: Key Interest Rate Drops To 0.75% Amid Oil Slump Threat
OTTAWA — The looming threat of sliding oil prices forced the Bank of Canada to drop its trend-setting interest rate Wednesday, a surprising move that shows just how much the country's economic outlook has soured in a matter of months.

Bank Of Canada Shocker: Key Interest Rate Drops To 0.75% Amid Oil Slump Threat

CAPP predicts oil investment will drop by a third as prices languish

CAPP predicts oil investment will drop by a third as prices languish
FORT MCMURRAY, Alta. — The Canadian Association of Petroleum Producers is expecting oilpatch investment to drop by a third — or $23 billion — this year compared with 2014, while output is seen growing at a slower clip than previously predicted.

CAPP predicts oil investment will drop by a third as prices languish

Vancouver's Housing Market Among Least Affordable: International Survey

Vancouver's Housing Market Among Least Affordable: International Survey
TORONTO — Vancouver has been ranked among the most unaffordable real estate markets in a recent international report, leaving economists concerned about the potential impacts of rising mortgage rates on the city's homeowners.

Vancouver's Housing Market Among Least Affordable: International Survey