BC Hydro customers will see lower electricity bills starting this month

In March 28 statement, the Crown corporation ensured its customers will continue to receive affordable electricity rates while they invest in the electricity system of British Columbia.

, making them pay less this year than last year. The credit will vary depending on the annual electricity consumption of individual customers over the past 12 months.On average, residential households will see a total credit of about $100. Commercial and industrial customers will receive a credit of 4.6 per cent, which amounts to an average of $400 and $200,000, respectively. This credit will assist businesses in reducing their operating costs.

According to BC Hydro, the credit will be given in parts over the next 12 months after April 15. If anyone has bi-monthly billing, then they will receive the credit in six installments. They will receive the credit in 12 installments if they have monthly billing.

Source: Loan Digest (loandigest.net)

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