Manitoba Hydro Seeks Public Input on Potential Rate Hike and Time-of-Use Pricing

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Manitoba Hydro Seeks Public Input on Potential Rate Hike and Time-of-Use Pricing
ELECTRICAL RATESMANITOBA HYDROINFRASTRUCTURE
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Manitoba Hydro is conducting an opinion poll to gauge public sentiment on a potential electricity rate hike and the implementation of time-of-use pricing. The Crown corporation cites aging infrastructure and rising energy demand as reasons for considering these changes. The poll explores options such as a $9 monthly increase for reliability and shifting electricity usage to off-peak hours for cost savings. Manitoba Hydro emphasizes that the poll is solely for gathering public input and does not represent any finalized plans.

WINNIPEG — While the Manitoba government has promised to keep electricity rates low, the province's energy Crown corporation is asking people for their thoughts on a rate hike for electricity and changes that could see different rates applied at different times of the day.

Some other provinces already have such a system, often called time-of-use rates, where charges are higher during the day and lower at night. The aim is to reduce spikes in demand at peak times. The lower spikes can in turn delay the need to build more generating capacity. "We want to make sure we understand what's important to our customers, because that's an input into our long-term planning process," said spokesperson Scott Powell.

The utility has been hit with a number of financial challenges in the last two decades. It saw its debt triple in 15 years as it built two megaprojects — the Bipole III transmission line and the Keeyask generating station — which ran a combined $3.7 billion over budget.

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ELECTRICAL RATES MANITOBA HYDRO INFRASTRUCTURE TIME-OF-USE PRICING PUBLIC OPINION

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