What are the rural rate increases being proposed as a result of the COSA?

Rates would be increased by 5.72% on September 1 in 2021, 2022 and 2023. This adjusts rural rates to those recommended in the cost of service analysis report which indicates current rates do not recover the full costs of serving the rural customers by approximately $1.5 million per year.

To ease the impact of rate rebalancing, rate increases are being phased in over three years to help reduce the impact on our rural customers. With the full phase-in of rates, the typical rural residential customer’s power bill would be approximately 4.4% lower than the 2020 FortisBC rate. FortisBC has typically had higher rate increases than Nelson Hydro, so the rural residential rate should be even lower after the 3-year phase-in.

Show All Answers

1. What is the General Rate Increase proposed for 2021?
2. Why is the General Rate Increase done in April?
3. What is COSA and the Nelson Hydro Cost of Service and Rate Design Application?
4. What are the rural rate increases being proposed as a result of the COSA?
5. Why does electricity cost more for rural customers?
6. How would this impact my hydro bill?
7. How much will my bill be?
8. How are rates set?
9. Can I reduce my power bill?
10. How do our rates compare with our neighbours?
11. What are the benefits of a city-owned utility?
12. What about the proposed rate of return? How do you benefit?
13. How have rural rates compared to city rates over time?