Have to be careful what you say in the media, sounds like unacceptable is going ahead!: VICTORIA — Energy Minister Bill Bennett says he’s working on a multi-year plan to phase in sustainable rates for BC Hydro and return the electrical utility to independent regulation by the B.C. Utilities Commission. The plan is Bennett’s response to the challenge set for him by Premier Christy Clark earlier this year of reining in Hydro’s “unacceptable” proposal for a 26.4-per-cent increase in electricity rates over two years. “Instead of doing a one- or two-year rate increase, I am going to do my best to come up with a longer period of time that will give ratepayers a little more certainty over what is going to happen with rates,” Bennett told reporters in a media scrum on Monday of this week. Bennett said the government had a bunch of “smart people” working on the rates — insert your own joke about “smart meters” here — and the resulting increase will be “considerably less” than Hydro’s rate grab. “We have managed to find ways to take a fair bit of pressure off rates,” said Bennett, according to reporter Ian Bailey of the Globe and Mail newspaper. How much and for how long, he didn’t even hint. Read more: vancouversun/business/2035/Vaughn+Palmer+Unconventional+Bill+Bennett+walks+tightrope+above+troubled+Hydro+waters/9109734/story.html#ixzz2lxhbpzBB ,
Posted on: Thu, 28 Nov 2013 17:22:58 +0000
Trending Topics
Recently Viewed Topics
© 2015