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B.C. hydro rate increase set at 3.75% for next 2 years

The B.C. Government announced that electricity rates will increase by 3.75 percent for the next two years, according to Minister of Energy and Climate Solutions Adrian Dix.
Dix stated that the average B.C. Hydro account will see an increase of about $3.75 per month for residential customers who currently pay around $100, as rates reflect rising operating costs and the Site C hydroelectric project.
The increases, effective April 1, 2025, and April 1, 2026, will keep rates below cumulative inflation for seven consecutive years, claimed the ministry.
Dix emphasized that this move aims to stabilize electricity rates amid economic uncertainty and to maintain cost competitiveness in North America.

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The Epoch Times

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BC Hydro Customers to See Annual 3.75% Rate Increase Over Next 2 Years

BC Hydro customers will face a rate hike this year and in 2026, leading to an increase of $3.75 per month for an average household, the province says. B.C. Energy Minister Adrian Dix announced March 17 that he had directed the B.C. Utilities Commission to apply a 3.75 percent increase in hydro rates each year for the next two years, for a total increase of 7.5 percent by 2026. A typical household in the province pays roughly $100 a month for hea…

15 days ago·New York, United States

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CBC News

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B.C. Hydro customers face annual 3.75% rate increase for next 2 years

B.C. Hydro customers are facing a 3.75 per cent rate increase for the next two years, which will add $3.75 per month to the average household bill.

15 days ago·Canada

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castanet.net

Center

BC Hydro rates to increase in 2025, 2026 but remain among lowest in North America

British Columbia's energy minister says the province is setting annual rate increases for electricity for the next two years in response to rising demand for power and economic uncertainty.

15 days ago·Kelowna, Canada

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CTV News

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B.C. hydro rate increase set at 3.75% for next 2 years

B.C. will be capping hydro rate increases for the next two years, the energy minister announced Monday, a move prompted – in part – by the “uncertainty” created by Trump’s trade war.

15 days ago·Canada

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National Observer

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B.C. Hydro plans rate hike

Dix announced Monday that the New Democrat government is submitting a "rate stability direction" to the B.C. Utilities Commission for approval of a BC Hydro rate increase of 3.75 per cent on April 1, followed by the same bump next year.

15 days ago·Canada

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Victoria Buzz

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BC Hydro rates set to rise 3.75% in each of the next two years

The average household paying about $100 in electricity costs. The post BC Hydro rates set to rise 3.75% in each of the next two years appeared first on Victoria Buzz.

15 days ago

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