BCUC reduces BC Hydro rates


CSA Z463 Electrical Maintenance -

Our customized live online or in‑person group training can be delivered to your staff at your location.

  • Live Online
  • 6 hours Instructor-led
  • Group Training Available
Regular Price:
$249
Coupon Price:
$199
Reserve Your Seat Today
VANCOUVER – Minister of Energy and Mines Rich Coleman recently announced the British Columbia Utilities Commission BCUC has been directed by the provincial government to reduce BC Hydro's rate increases over three years by 50 per cent. This is consistent with 2011's BC Hydro review.

The 2011-12 increase will stay at eight percent as previously directed by the BCUC on an interim basis and implemented by BC Hydro on May 1. For 2012-13, rates have gone up by 7.1 per cent, allowing BC Hydro to pay down its deferral and regulatory accounts at an accelerated pace. This increase was also recommended by the BCUC and put in place on April 1, 2012. An average household has seen bills change by about $5.40 per month.

On April 1, 2013, rates will be kept to a minimum, rising by only 1.44 per cent or $1.20 for an average monthly bill. The total rate increase over three years will be about 17 per cent, ensuring that British Columbian families pay among the lowest electricity rates in North America.

The provincial government and BC Hydro have achieved this rate reduction by lowering BC HydroÂ’s costs and by the Province forgoing $75 million in dividends over three years.

Related News

What Will Drive Utility Revenue When Electricity Is Free?

AI-Powered Utility Customer Experience enables transparency, real-time pricing, smart thermostats, demand response, and billing optimization,…
View more

Independent power project announced by B.C. Hydro now in limbo

Siwash Creek Hydroelectric Project faces downsizing under a BC Hydro power purchase agreement, with run-of-river…
View more

Wind turbine firms close Spanish factories as Coronavirus restrictions tighten

Spain Wind Turbine Factory Shutdowns disrupt manufacturing as Vestas, Siemens Gamesa, and Nordex halt Spanish…
View more

Ontario takes constitutional challenge of its global adjustment electricity fee to Supreme Court

Ontario Global Adjustment Supreme Court Appeal spotlights a constitutional challenge to Ontario's electricity charge, pitting…
View more

The biggest problem facing the U.S. electric grid isn't demand. It's climate change

US power grid modernization addresses aging infrastructure, climate resilience, extreme weather, EV demand, and clean…
View more

Australia to head huge electricity and internet project in PNG

Australia-PNG Infrastructure Rollout delivers electricity and broadband expansion across PNG, backed by New Zealand, the…
View more

Sign Up for Electricity Forum’s Newsletter

Stay informed with our FREE Newsletter — get the latest news, breakthrough technologies, and expert insights, delivered straight to your inbox.

Electricity Today T&D Magazine Subscribe for FREE

Stay informed with the latest T&D policies and technologies.
  • Timely insights from industry experts
  • Practical solutions T&D engineers
  • Free access to every issue

Download the 2026 Electrical Training Catalog

Explore 50+ live, expert-led electrical training courses –

  • Interactive
  • Flexible
  • CEU-cerified