Installation of a fifth and sixth generating unit at Mica dam has taken eight years.

Dam expansion done as BC Hydro demand slumps

Four per cent rate increase expected next year to keep up with big maintenance, construction of Site C on the Peace River

BC Hydro has completed one of its mega-projects, expansion of the Mica Dam on the Columbia River to full capacity, as the utility weathers a slump in mining and continued delays in liquefied natural gas projects.

The addition of two water turbines to Mica cost $714 million, plus a new high-voltage transmission line to carry power to the Lower Mainland and Vancouver Island. BC Hydro has also moved up plans to add a sixth turbine at the Revelstoke Dam, as work continues on the Site C project on the Peace River.

[A look inside the Mica Dam project here]

With major upgrades at the Ruskin Dam in the Fraser Valley and the John Hart Dam on Vancouver Island also underway, BC Hydro has applied for a four per cent rate increase to take effect on April 1, 2017. That follows increases of nine and six per cent in the past two years, mainly to finance major projects and pay down debt.

The four per cent rate is a one-year interim application to the B.C. Utilities Commission, which would add about $4 a month to the average residential electricity bill. Faced with mine shutdowns and uncertainty in large LNG projects, BC Hydro put off its three-year rate proposal when it filed the application in February.

Under a 10-year rate plan imposed by the B.C. government, rates are to increase 3.5 per cent in 2018 and three per cent in 2019. After that, authority over rate setting is to return to the BCUC.

Despite the current downturn for industrial customers, BC Hydro projects demand to increase 40 per cent over the next 20 years, due to population and industrial growth.

It has also scheduled major maintenance at Mica, with two original turbines built in the 1970s due to come out of service for 18 months each.

The B.C. government has proposed to Ottawa that a second power grid link to Alberta be built to help that province retire its coal-fired power plants.

 

Just Posted

B.C. BUDGET: Surplus $374 million after bailouts of BC Hydro, ICBC

Growth projected stronger in 2020, Finance Minister Carole James says

Lemon Creek fuel truck driver gets $20,000 fine

Danny LaSante was sentenced in Nelson court today

Actsafe BC brings expertise, new lighting to Trail theatre

Consultants are all technical directors in Vancouver theatres with years of experience in the field

Hospital improvements good news for entire region, says Trail mayor

West Kootenay-Boundary Regional Hospital District Board will review the matter next month

Life insurance can be a business expense

Tax Tips & Pits with Ron Clarke, Trail Times columnist

VIDEO: 8 things you need to know about the 2019 B.C. budget

Surplus of $247 million with spending on children, affordability and infrastructure

‘Bullet missed me by an inch’: Man recounts friend’s killing at Kamloops hotel

Penticton man witnessed Summerland resident Rex Gill’s murder in Kamloops

B.C. BUDGET: Income assistance raise still leaves many below poverty line

$50 per month increase included in funding for poverty and homelessness reduction

B.C. BUDGET: Indigenous communities promised billions from gambling

Extended family caregiver pay up 75 per cent to keep kids with relatives

B.C. BUDGET: New benefit increases family tax credits up to 96 per cent

BC Child Opportunity Benefit part of province’s efforts to reduce child poverty

B.C. BUDGET: Carbon tax boosts low-income credits, electric vehicle subsidies

Homeowners can get up to $14,000 for heating, insulation upgrades

B.C. man survives heart attack thanks to Facebook

A Princeton man suffered a heart attack while at an isolated property with no cell service

B.C. man sues Maxime Bernier’s People’s Party over trademark

Satinder Dhillon filed application for trademark same day Maxime Bernier announced the new party

New trial ordered over banning whales, dolphins at Vancouver aquarium

Park board’s appeal reverses previous decision that found it had no right to implement a ban

Most Read