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On April 30, 2003, BC Hydro filed a proposal on the Heritage Contract, Stepped Rates and Access Principles with the independent regulator, the B.C. Utilities Commission (BCUC). The Heritage Contract is aimed at preserving the value of BC Hydro’s existing, low-cost electricity generation for British Columbians. A Stepped Rate structure is intended to encourage conservation and transmission system access among large, industrial customers.

Following regional hearings in Victoria, Prince George and Kelowna, and a public hearing on the Lower Mainland, the BCUC submitted 27 recommendations to government on October 17, 2003. Government accepted 22 of these recommendations and empowered the BCUC to act on the remaining five.

Government adopted the BCUC's recommendations for a Heritage Contract, which will take effect on April 1, 2004 and last for at least 10 years. The Stepped Rates structure is tentatively scheduled for implementation in 2005.

Government acceptance of the Heritage Contract

Documents regarding the acceptance of the Heritage Contract Proposal by Government.


BCUC Final Report to Lieutenant Governor in Council

BCUC Report and Recommendations to the Lieutenant Governor in Counsil dated October 17, 2003


Additional material

Supporting documents

Orders

  • BCUC Order G-23-03 [PDF, 333 Kb] - Establishing an inquiry relating to a heritage contract for BC Hydro's existing generation resources, and to stepped rates and transmission access.

Workshop documents

Last Modified: Nov 15, 2005

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