F2017-F2019 Revenue Requirements Application
BC Hydro has filed our full three-year Revenue Requirements Application to the BC Utilities Commission. The plan calls for rate increases of 4% (April 1, 2016), 3.5% (2017) and 3% (2018), which are consistent with the 10 Year Rates Plan designed to ensure affordable, predictable rates.
- News release: Prudent actions mean 10 Year Rates Plan on track
- RRA explained: Revenues are down but we're keeping your rates low
Regulatory documents for the F2017-F2019 application
Application for F2017 to F2019 filed with the British Columbia Utilities Commission (BCUC) on July 28, 2016.
- F2017 – F2019 Revenue Requirements Rate Application [PDF, 22.7 MB]
- F2017 – F2019 RRA Application: technical briefing deck [PDF, 1.9 MB]
Interim Revenue Requirements Application 2016 (fiscal 2017)
While working on the full F2017-F2019 application, BC Hydro filed an interim one-year rate application with the BC Utilities Commission requesting a 4% rate increase for fiscal 2017, effective April 1, 2016.
The new rate is consistent with the 10-Year Rates Plan announced by the Province in 2013, which capped increases at four per cent (fiscal 2017), 3.5% (fiscal 2018) and 3% (fiscal 2019). The BC Utilities Commission will in the future determine the rate increases for the final five years of the 10-Year Plan.