Thompson Local News

Hydro Prices To Hit Hardest In Winter Here In The North

The Public Interest Law Centre is raising a red flag with regards to the new hike in hydro rates here in the province.

 

While the crown corporation says that the increase will only be a few extra dollars on every bill, the centre is saying it could be up to $15.00 more when winter comes here in the north.

 

Manitoba Hydro President and CEO Kelvin Shepherd said that the rate increase is to help cover the cost of new hydro projects and to help reduce debt. He added that the interim rate increase is about half the rate increase Hydro would have liked to seen.

 

Shepherd said that if there aren’t more rate hikes, Manitoba Hydro’s debt will continue to increase.

 

The centre says that the raise in price will impose a significant hardship on consumers, businesses, and especially consumers who are either on a fixed income or have no choice but to use more electricity in the winter.

 

Manitoba Hydro is proposing a 7.9% rate hike for next year.

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