BC Hydro announced that residents can apply for this fixed rate to potentially save on their monthly bills.
B.C. residents can now opt for a flat rate for electric heating and electric vehicle charging at home, replacing the current system where rates vary depending on usage. Under the new plan, customers will no longer be charged more for using additional electricity or less for using less.
BC Hydro announced that residents can apply for this fixed rate to potentially save on their monthly bills. The new system is particularly aimed at households with multiple members, where electricity costs can increase due to baseboard heating, heat pumps, and electric vehicle charging.
The department stated that such households can expect to save an average of $60 annually. However, the new plan is only available to residential customers with their own electricity system and is not offered to those living in apartment or condo buildings.