Rate hikes for BC Hydro service will be limited over the next few years, according to the province's energy minister. (BC Government)

By NanaimoNewsNOW staff

hold the line

B.C. Hydro rate caps pledged amid ‘turbulent’ economic climate

Mar 17, 2025 | 4:10 PM

VANCOUVER — B.C.’s energy minister unveiled proposed electricity bill payment hike limits for the next two years.

During a Monday, March 17 news conference in Vancouver, Adrian Dix said B.C. Hydro will submit an application to the B.C Utilities Commission for the utility increases to be set at 3.75 per cent.

“It means adjustments will be effective April 1, 2025 and April 1, 2026,” Dix said. “For the average residential household this year, which currently plays approximately $100 per month, it equates to an additional three dollars and 75 cents per month.”

Dix told the news conference the increases are required to help fund costs associated with rising electricity demand and to complete the Site C dam project in northeastern B.C.

B.C. has the third lowest electricity payment rates of any jurisdiction in North America, noting rates are 50 per cent higher in Edmonton and 80 per cent more expensive in Seattle, Dix said.

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He noted capping hydro rates provides “clarity and stability” during these uncertain times.

“B.C’s families are stressed and fearful in the face of economic turbulence we’re facing both from the United States and the world. We need to keep household and business rates affordable.”

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