BC Hydro says bill decreases are on the way for customers this year.
According to BC Hydro, electricity bills will increase 2.3 per cent, but the BC Electricity Affordability Credit will more than offset the increase, which is equivalent to approximately half the credit.
The credit will vary based on the individual customer’s annual electricity consumption from the last 12 months.
On average, residential households will see a total credit of about $100, while commercial businesses and industrial will see a credit of 4.6 per cent.
Credits will be applied to eligible customers’ bills in equal installments for one year starting in mid-April.
BC Hydro says the credit will be applied automatically.