An increase of 3.6 per cent in electricity rates for MB Hydro has been approved by the Manitoba Public Utilities Board.
The new rate is in effect for June 1.
PUB also recommended that the Province develop a bill of affordability program for lower-income customers.
To support this program, they also suggested that a portion of the revenue from the Keeyask (KEY-ASK) station go towards it.
PUB also recommends that the Province transfer some of the carbon tax revenue to MB Hydro to help reduce future electricity rate increases.
With the revenue from Bipole III, they recommendedthe provincial government suspend a collection of approximately $900 million over the next 13 years, and not let additional costs of the project fall on hydro customers.
