Effective on June 1, a 2.5% increase to Manitoba Hydro electricity rates will be in effect for the remainder of 2019 and 2020. The Public Utilities Board of Manitoba denied Manitoba Hydro's rate request of 3.5%, but they did agree on the 2.5% increase.
All revenue from the rate increase will go into a deferral account to aid in mitigating future rate increases.
The PUB remains concerned about bill affordability for Manitoba consumers and continues to recommend the Province of Manitoba assume responsibility for the development of bill affordability programs to assist lower-income customers.