Why is the General Rate Increase done in April?

The April 1 increase is done to reduce the impact on customers for any particular calendar year.

An increase on January 1st would coincide with most customers’ highest billing period of the year. By delaying the increase until April, when we see more moderate temperatures, it helps alleviate some of the pressure customers might feel from any increases. This also allows the BCUC time to review the rate increase application and grant its approval prior to the date of the increase.

The increase is the weighted average of the Jan-March period and the April to December period which in this case would be 0% for the first 3 months and 3.32% for the last 9 months.

In 2021, this results in a 2.3% for the calendar year as reported by the Nelson Star.

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?