National

BC Hydro lowers rate, customers will receive credit

Darpan News Desk BC Hydro, 02 Dec, 2020 12:09 AM

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.

Prev Next

MORE National ARTICLES

Police search for woman who tripped Burnaby, B.C. senior

Police in Metro Vancouver are searching for a woman who casually approached a senior who was using a walker, tripped her from behind and walked away.

Police search for woman who tripped Burnaby, B.C. senior

Police need more than an unverified tip to avoid drug-case entrapment: top court

An unsubstantiated tip that someone is dealing drugs from a phone number doesn't amount to reasonable suspicion of criminal activity, the Supreme Court of Canada has ruled.

Police need more than an unverified tip to avoid drug-case entrapment: top court

Garneau says still no black boxes from Iran in January shootdown of airliner

Canada and four other countries are still trying to pressure Iran to release the flight recorders from its Jan. 8 shootdown of a Ukrainian passenger plane, Transport Minister Marc Garneau said Friday.

Garneau says still no black boxes from Iran in January shootdown of airliner

Statistics Canada says first-quarter GDP worst showing since 2009

Canada's economy had its worst quarterly showing since 2009 through the first three months of 2020, and may be headed to an even steeper drop, as steps taken to slow the spread of COVID-19 forced businesses to close and lay off workers.

Statistics Canada says first-quarter GDP worst showing since 2009

Trudeau acknowledges racial unrest in U.S.; 'We also have work to do in Canada'

America's anger, frustration and discord boiled over in Minnesota's Twin Cities on Friday at a remarkable moment in the history of the United States, sparked by the collision of racial injustice, freedom of expression and the worst public health crisis of the last 100 years.

Trudeau acknowledges racial unrest in U.S.; 'We also have work to do in Canada'

Another $650M in COVID-19 aid bound for Indigenous communities, Miller says

The federal government is planning to spend $650 million more to help Indigenous communities cope with the pandemic, after months of First Nations, Inuit and Metis leaders saying the previous amount was inadequate.