PG School Board Reacts to Hydro Hike
Prince George, B.C. – It may be April Fools Day, but this is no joke.
The public utility is hiking BC Hydro rates 4% effective today. One organization expecting to feel the pinch as a result is the Prince George School District.
School Board vice-chair Tim Bennett says when combined with MSP and other utility increases – not to mention the $727,000 in administrative savings they were forced to find this year, it’s yet another downloaded cost that needs to be dealt with.
“We need to continue to define ways to let government know when these increases come down, that’s money coming out of the classroom and with less supports for our students.”
Is this sustainable considering BC Hydro alone is planning to raise rates again by 3.5% next year and a further 3% the year after?
“Well I think when we’re looking at our structural deficit as a district and we’re looking at how we are going to ensure the sustainability, this is yet another blow to the budget,” says Bennett.
“Last year we had to invest close to $1million of our surplus to meet the structural deficit. We’re now entering budget consultations and looking at what that’s going to mean for next year’s school budget.”
The increase is part of a 10-year rates plan announced in 2013.
BC Hydro says the hikes are needed to pay for investments in their aging infrastructure system.