Hydro rates increased again

Is this recent hike to pay down multibillion-dollar IPP debt?

To the editor:

I see BC Hydro rates went up six per cent on April 1 and after a nine per cent increase last year.

I wonder if this could this have anything to do with the $56.4 billion that BC Hydro owes for power from Independent Power Projects?

Hugh Thomas

100 Mile House

 

100 Mile House Free Press