B.C. Energy Minister Bill Bennett has announced hydro rates will be going up starting on April 1, 2014, when BC Hydro customers will see a 9 per cent increase. Click here for the developing story.
In dollar terms, here are the impacts for three different types of customers in the first year, on average:
Residential: $8/month
Small commercial: $20/month
Industrial: $139,000/month
The bar chart below shows average residential rates and increases over five years.
(Source: B.C. Ministry of Energy and Mines)