Our Vancouver office acted for BC’s largest industrial electricity customers, the Association of Major Power Customers of BC, in a rate application before the BC Utilities Commission. At issue was the approval of BC Hydro’s revenue requirements for the fiscal 2020 to 2021 years (over C$5bn for each year).
On October 2, 2020, the BC Utilities Commission released its decision approving BC Hydro’s requested rate increase effective April 1, 2019 and decreased the rates requested by BC Hydro effective April 1, 2020. The BC Utilities Commission also increased its scrutiny of BC Hydro as the return to full (standard) utility regulation continues.
BC Hydro’s revenue requirement is the most significant proceeding for electricity customers in BC and directly affects electricity rates for all customers in BC.
The team included Matthew Keen, Emily Chan and Alex Baer.