B.C. residents and businesses get break on electricity bills for three months
VICTORIA -
B.C. residents who have lost their jobs or had their wages cut will get a three-month break on BC Hydro bills, while small businesses are also eligible to apply for similar relief.
Premier John Horgan said Wednesday the credit for residential customers will be three times a household’s average monthly bill over the past year and does not have to be repaid as part of the government’s support package during the COVID-19 pandemic.
He said small businesses that are closed will not have to pay their power bills for three months and large industrial customers, including those operating mines and pulp mills, can opt to have 50 per cent of their electricity costs deferred.
BC Hydro rates will be cut for all customers by one per cent as of April 1 after the B.C. Utilities Commission provided interim approval of an application the utility submitted last August.
Eligible residential customers can apply for bill relief starting next week and small business applications will be accepted as of April 14, with the deadline for both categories set at June 30.
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June electricity rates are due out on Monday, about four days after the new UCP government did away with the carbon charge on natural gas and vehicle fuel.
Part of the levy's revenue was earmarked by the previous NDP government to keep power prices at or below 6.8 cents per kilowatt hour.
"The Regulated Rate Option cap of 6.8 cents/kWh was implemented by the previous government and currently remains in effect. We are reviewing all…
