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Manitoba Hydro Asks PUB for 3.95% Rate Increase

December 7, 2015 11:00 AM | News

Manitoba Hydro Building

Manitoba Hydro Building (STAN MILOSEVIC / CHRISD.CA FILE)

Manitoba Hydro has asked the Public Utilities Board for an interim rate increase of 3.95 percent.

If approved, the increase would take effect April 1, 2016 and cost the average customer not using electric space heat $3.33. Those using electric space heat, with an average of 2,000 kWh monthly, would pay $6.36.

“New generation and transmission projects are required to meet increasing electrical usage. Plus, our distribution system is aging and needs to be renewed and in many cases expanded to maintain reliable service. Those are the drivers behind our request,” said Darren Rainkie, Manitoba Hydro CFO.

The rate increase was originally requested last year when Hydro filed its general rate application with the PUB.

— Staff