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

Manitoba Aiming To Reduce Greenhouse Gas Emissions, Create Green Jobs

He says the province will address the problem by creating 6,000 green jobs in the next five years.

Manitoba Aiming To Reduce Greenhouse Gas Emissions, Create Green Jobs

Liberal Plan To Hike Taxes On Top One Per Cent May Lead To Revenue Hole: Study

TORONTO — The Liberal government's plan to switch some of the tax burden from middle-income earners to the top one per cent will likely lead to multibillion-dollar annual revenue shortfalls for Ottawa and the provinces, according to the C.D. Howe Institute.

Liberal Plan To Hike Taxes On Top One Per Cent May Lead To Revenue Hole: Study

Liberals Announce Advisory Board To Quickly Choose New Independent Senators

OTTAWA — The Trudeau government is setting up a five-member advisory board to fill the empty seats in the Senate with independent senators.

Liberals Announce Advisory Board To Quickly Choose New Independent Senators

Retired Couple In Orangeville, Ont., Opens Home To Syrian Refugees

The Logels' three children and five grandchildren, themselves frequent visitors to the family homestead located on four hectares outside town, are coming for Christmas, though the Logels recognize the holiday isn't one their guests celebrate.

Retired Couple In Orangeville, Ont., Opens Home To Syrian Refugees

Quebec Tells Doctors To Respect Court Decision Suspending Right-to-die Law

MONTREAL — Doctors must respect a court ruling suspending Quebec's assisted-suicide law but the government won't go on a "witch hunt" against physicians who offer palliative sedation, the province's health minister said Wednesday.

Quebec Tells Doctors To Respect Court Decision Suspending Right-to-die Law

Defence Lawyer Calls Travis Vader, Accused In Deaths Of Couple, A 'Victim'

Brian Beresh's comments came Wednesday during his questioning of Sgt. Rick Jané, the head RCMP investigator in the deaths of Lyle and Marie McCann, who vanished on a trip to B.C. in 2010.