The provincial NDP says it’s delivered on its promise to freeze BC Hydro rates.
Last year, BC Hydro applied for three years of increases with a 3% increase planned for next year.
That request is being pulled back.
The provincial government says the rate freeze will give it the time to do a comprehensive review of BC Hydro to find changes and cost savings.
BC Hydro rates have gone up by more than 24% in the last four years, and by more than 70% since 2001.