New Purpose and Long-Term Goals

During the year, BC Hydro adopted a new purpose that provides a clearer picture of who we are as a company and what we plan to deliver over the long term.

Reliable power, at low cost, for generations

Broken down, the words have additional meaning:

Reliable power is the foundation of BC Hydro’s commitment to our customers. We will have the energy available and deliver it when it is needed. Reliability also speaks to our goal of making B.C. self-sufficient in electricity to meet domestic needs.

Low cost reflects the value we will provide back to our shareholder, the provincial government, and our customers. We will be fiscally prudent in how we operate and strive to maintain some of the lowest electricity rates in North America.

For Generations confirms our commitment to sustainability in managing our business. This means looking beyond potential short-term benefits and thinking for the long term in all of the decisions that can impact our environmental, social and financial bottom lines.

In concert with our new purpose, we have adopted 15 bold, long-term goals. These goals, grouped into six key categories, will guide us in meeting our new purpose over the next 20 years.