Prince George, B.C. - BC Hydro says demand for Hydro Electric power in the province will grow by 20 to 40% over the next 20 years.
BC Hydro received a 6.11% rate increase from the BCUC on March 15th of this year, which became effective on April 1st .
Amongst other reasons for seeking the rate increase were Hydro’s pleadings to the BCUC that the company would have a short fall of $183.7 million dollars by the fall of 2011.
Now questions are being raised to the British Columbia Utilities Commission about the huge increases in staff, including management and support staff, making over $75,000 per year.
BC Hydro has reported that as of the year ending March 31st 2009, remuneration as reported to the public accounts for BC Hydro has increased from $336.5 million in March 31st 2006 to a whopping $558.3 million on March 31st 2009.
That's a difference of $221,800.00 or a 52% growth.
On March 31st of 2009, the number of full time employees at BC Hydro had increased from 4203 in 2006, to 5844 an increase of 39% .
The average remuneration per full time employee also increased 9.5% over this same time period. Management and upper level employees however showed the biggest growth.
At year end March 2006 there were 2177 employees making more than $75,000, in 2009 that figure had grown to 3448, an increase of 1271, a 58.40% growth.
At year end March 2006 there were 1108 employees earning over $100,000 dollars a year.
That figure had grown to 2166 as of March 2009, an increase of 1058 or nearly doubling the number, or 95.50% increase.
At year end March 2006 there were 489 employees earning over $125,000 dollars a year. In 2009 that figure had grown to 1155, an increase of 136.20%
At year end March 2006 there were 211 employees earning $150,000, that figure had grown to 514 in 2009, a 143.60% increase.
At year end March 2006 there were 61 employees earning $200,000 that figure had grown to 119 or 95.10% in 2009.
BC Hydro says it needs the rate increase in order to buy renewable electricity which is more expensive from renewable projects such as run of the river and wind power.
BC Hydro also says it needs rate increases in order to construct new facilities such as the site C dam.
They also point out to the need for users of BC Hydro to conserve more energy in order to meet those needs.
Nowhere does it mention that the rate increase will also be required to meet the staff increases which amount to $221 million without reflecting the increases just awarded to union staff.
The short fall in Hydro revenues can be reflected in the fact that the salary increases more than cover the $187 million shortfall.
Did everything I could to save hydro ad now they tell me thank you very much but since we are no longer able to charge you for hydro because you have saved and our botttom line has been effected we are now going to raise your rates so we can pay all the upper uppers their nice big bonuses.
And beware we haven't been upkeeping our equiptment either it is getting old so expect another increase so we can finally do that as well...
way to go.....
well those are my thoughts and feelings anyways....be they totally correct or not it is the impression they are giving me...