What You Need to Know About BC Hydro’s Financial ‘Mess’ and the Site C Dam

Minister of Energy and Mines Michelle Mungall Premier John Horgan

B.C. Energy Minister Michelle Mungall said Thursday that “there’s a mess” at BC Hydro. Mungall made the comment after the B.C. Utilities Commission denied the government’s request for a hydro rate freeze — putting the kibosh on one of the NDP’s campaign promises.

Instead, the commission approved a scheduled three per cent hydro rate hike for April 1, saying that the increase is not sufficient to cover BC Hydro’s costs. What’s going on? And what does it mean for you and your future hydro bill?