On March 8, 2023, BC Hydro filed an application for approval of pricing principles to determine how general rate changes are applied to the basic charge, Step 1 energy charge, and Step 2 energy charge of its residential service rates, under Rate Schedules 1101 and 1121.
BC Hydro is proposing that the general rate changes, currently under the British Columbia Utilities Commission’s (BCUC) review in the BC Hydro Fiscal 2023 to 2025 Revenue Requirements Application proceeding, be applied equally to all components of its residential service rates. BC Hydro’s proposed pricing principles would result in a net bill increase of 2% for all residential customers, effective April 1, 2023.
The BCUC is holding an open and transparent proceeding to review BC Hydro’s application and welcomes feedback and participation from the public.
HOW TO PARTICIPATE
• Submit a letter of comment
• Register as an interested party
IMPORTANT DATES
1. Thursday, May 4, 2023 – Deadline to submit a letter of comment with the BCUC
Please see full details here.