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Nov 18, 2022 · This article was published in November 2022 and may be outdated. Manitoba Hydro submitted its two-year General Rate Application (GRA) with the Public Utilities of Manitoba (PUB) on Tuesday, Nov. 15 seeking an electricity rate increase of 3.5 per cent in each of the fiscal years 2023–24 and 2024–25. For a residential customer without ...
- Manitoba Hydro seeks five per cent rate increase effective Jan. 1
Manitoba Hydro filed its 2021–22 Interim Rate Application...
- Manitoba Hydro seeks five per cent rate increase effective Jan. 1
Jul 8, 2021 · The Progressive Conservative government is recommending a 2.5 per cent rate increase for Manitoba Hydro each year for 2021, 2022, and 2023. (Jaison Empson/CBC) The provincial government wants to ...
Manitoba Hydro filed its 2021–22 Interim Rate Application with the Public Utilities Board (PUB) yesterday requesting an overall average five per cent electricity rate increase, effective Jan. 1, 2022. The Corporation was directed to file an application with the PUB following cancellation of Bill 35 and the associated electricity rate increase.
Board varied Manitoba Hydro’s request and approved a 3.6% increase in General Consumers Revenue (or $64 million per annum) effective January 1, 2022. The Board directed Manitoba Hydro to file revised rate schedules , a proof of revenues, and bill impact tables reflecting the Board’s decisions in that Order.
The province notes that Manitoba Hydro requested a 3.5 per cent increase for this fall; however, the Manitoba government is proposing an increase of 2.5 per cent in 2021, 2022, and 2023. This proposal is subject to approval from the legislative assembly. “In spite of the huge debt problem at Manitoba Hydro, our government is working to strike ...
Nov 16, 2022 · “Manitoba Hydro is forecasting that an additional $1.9 billion in debt would be added between 2025-26 to 2039-40 under a scenario where the rate cap is set at inflation,” the application reads.
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Manitoba Hydro is now asking for a two per cent rate increase in both 2023-24 and 2024-25. It is also asking the regulator to confirm the interim rate increase of 3.6 per cent that took effect in January 2022. In its filing earlier this month, the utility asked for 3.5 per cent increases for the next two years.
