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Hearing into hydro rates stops in Nanaimo

The BC Utilities Commission will be in Nanaimo tomorrow (Sat) to hear public comments on the rate increases.

The hearing takes place at the Coast Bastion Hotel in from 1 to 3.

It’s too late to apply to be a speaker but the public is welcome to come hear the presentations that are scheduled.

BC Hydro raised the rates by 4 per cent this past April and are looking for two more rate increases over the next two years.
This year’s increase added about 4 dollars to the average monthly residential bill.
Increases of 3 and a half per cent and 3 per cent are proposed over the next two years.
The utility says it needs the money to keep up with a variety of capital projects totalling 7 point 6 billion dollars over the next three years.
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