At a projected cost of $11.7 Billion dollars, we can't call it Site C anymore.
And now we residents of British Columbia hear of yet another electricity rate increase.
Rates were supposed to increase by 6.85 per cent as of April 1st, but apparently a "Deferral Account Rate Rider" is being reduced from 5 per cent to zero.
B.C. means Bring Cash
Most people despise the B.C. Utilities Commission who--for the most part--are only an arm's length bureaucratic arm of the provincial utilities who seem to approve everything that comes across their desks--but this move will see our utility bills increase only by 1.76 per cent.
Political spin-doctoring, likely to gain some favour among voters for the Horgan government.
But whatever the gobbledy-gook means, we residents chuckle and remind everyone that B.C. means Bring Cash.
Over the last few years, we were told Hydro rates would increase on average 5 per cent for each of the next five years. Now Hydro's saying they "need" 8.1 per cent over five years.
Norm Farrell, of Insights online newsletter fame, has done considerable research on B.C. Hydro over the years. And he's discovered some unsavory examples that smack of corruption and abuse of power by the previous Liberal government headed by Christy Clark.
Recently, Fortis B.C. sent out a notice to their customers that they were eliminating the two-tier system for utility charges. Lucky Fortis customers. But their customer base doesn't include the largest cities on the Coast or most of the Okanagan, for that matter. Here's their service area.
The Global News story led to some interesting comments on March 2/19:
John Galbraith
When this big new dam comes on line and
they start selling hydro to other areas will we see the rates go down
Tiffany Mable Gagne
John Galbraith hahaha it will never go
down! They aren't going to lower it at all, dont be such a fool to their
madness
John Galbraith
Tiffany Mable Gagne that was go down the
drain, we should have the cheapest rates in Canada with all the water we have
Amber White
I live in a fourplex, so a small apartment
- my bill for Feb was $417 (with $150 already paid towards it before the bill
came out!!!!) We are getting ripped off. They know how cold it is so they rack
your bill weather you use more energy or not i swear. we used less than two
months ago and our bill was twice as expensive. Fishy fishy.
Gern Blanstein
Another dumpster fire. The BC Liberals
started the ridiculously expensive IPP run of river projects where the power
costs 3 times normal. The contacts go on for 60 years. Everything the Liberals
touched turned to poop. ICBC, BC Hydro, BC Ferries, Translink....
Reg Armstrong
Ya, By the way, where is Christy and that
ex-flatfooted cop, she had trotting around BC with his beer belly hangiing out,
putting out her fires? A match made in heaven. Are even in the country?
What happened to the bail out the
government was going to give them to avoid rate hikes?! They get both?
They need the money to replace all those
smart meters that wear out prematurely compared to dumb meters.
Tom Anderson
Wonderfull, so the pitally inflation
increase the pensioners are expected to get in the next few years is gone
before we get it. Can we buy our power from the states like we do our gas ..at
half price
Reg Armstrong
Why not? We sell/give them power to start
with. Just got my hydro bill. A 6 month holday in Mexico would be cheaper than
staying home. Turn off the water, and varoooom! Fluff up my pillows, Chicita!
D'Arcy Surrette
Typical NDP raising everything once they
get voted in.
The Liberals were crooks as well.
Dale Hamilton
They want green power... be prepared to dig
deep in our pocket...
Kollin Hasiuk
They should increase the price on power
exports to USA instead
NJ Stroeder
Manitoba seems like a better place for a
datacentre
Thomas W Betsill
Why even pay the utilities commission? They
never say no.
Tom Anderson
Can't help but wonder how much less the
increase would be if the uc puppets were terminanted
and the contracts that the ipps got from
christy, 3 times higher then the going rate for hydro
we can thank the bc liberals again for
this, robbing hydros bank accounts to balance there false budgets
Again. OMG.
Jose Perez
The problem is monopolizing the market
which both companies do. It's time for change and time for competitive
marketing in both sectors. Or we will keep paying for their mistakes and the
government's mistakes allowing monopolization.
So another political promise made by the
NDP goes down the drain. Site C, Major LNG Line, Power Bills. Higher ICBC
rates. Those slush funds that the Liberals were squirreling away was the money
that the liberal crooks took out of ICBC and BC Hydro and should have been put
back into both Crown Corps, not used to made the NDP look good. Now we have to
pay them all over again. When the hell are we going to vote is someone that
doesn't screw us over?
Thomas W Betsill
Never.
Dave Ball
Barry, you have that slightly backwards. It
was the Liberals along with Crusty Clark that raped and pillaged ICBC and BC
Hydro. Anywhere they could find a penny, they grabbed it to "balance"
their budget and made themselves look good to the public.
Unfortunately, the NDP inherited this mess and is doing it's best to try and fix it. Give them a freaking chance. God knows the Liberals have screwed up the province bad enough.
Unfortunately, the NDP inherited this mess and is doing it's best to try and fix it. Give them a freaking chance. God knows the Liberals have screwed up the province bad enough.
Dave Ball The money that the NDP found that
had been squirelled away didn't come from just anywhere. To much was involved,
in the billions. It either came from the Crown Corps or it came from BCLC,
which I doubt. More than like the Crown Corps. If the paper trail was there it
should have beem followed back to source and the money follow.
After reading all of them, it's obvious that British Columbia does not need the extra electricity from Site C.
Seems we don't need the power!
Decide for yourselves.
"Then send Norm Farrell a thank you card," Kia would've said.
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