BC Hydro customers are getting a break heading into winter.
The NDP government announced the freezing of hydro rates on Wednesday and have cancelled a three per cent hike planned for 2018.
It’s part of a move by the province to phase out the PST on power.
According to Energy Minister Michelle Mungall, rates have risen by 24% over the last four years and have jumped by 70% since 2001.
BC Hydro applied for three years of rate increase to the BC Utilities Commission last year.
Once a review of the utility is done, any cost and adjustments to revenue will be made in two years time.
The rates are now frozen until April of 2019.
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