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Liberals reject BC Hydro rate review by utilities board
Hydro rates could rise as high as 26.4 per cent, but Bill Bennett vows no independent review by the BC Utilities Commission. A government review team will trim the proposal, then cabinet will finalize the new rates. Hydro warns of regulatory risk and potential disallowance of costs, including independent power contracts and deferred expenses tied to First Nation claims and transmission projects.
MENTIONED IN THIS ARTICLE
Bill Bennett
BC Hydro
B.C. Utilities Commission
Bennett
Cabinet
The
Utilities Commission
Hydro
BCUC
Commission
Tsawwassen