Clear Full Forecast

BC Hydro Short Of Money But Not High Paid Staff

By 250 News

Wednesday, August 04, 2010 04:00 AM

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.
 


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Comments

I was one who got caught up in Hydro's save money scams...
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...
Anyone care to guess the political affiliations of those higher-paid executives?
Where are those new employees working? I heard that those folks who check meters are now contracted to another company.
the work now has alot of contracted workers.my meter got read wrong and i was charged 100 dollars more ,, you really got to watch your bill !!!!!ya know how come all these idiots get to whine about profits then get the increase but wait ,,, what happens when we try ???? idiots .iam tired
If you do all the things hydro says you should do to reduce your power useage,you are supposed to save money.
That means if everyone did this,hydro would have less revenue coming in in theory.
So in order to keep that from happening,they raise the rates and void any savings all these neat little things they suggest may have made.
After the rate increases,you are probably no better off...perhaps your bill is even higher.
Hydro doesn't want less revenue,they want more.
Do we really think they are actually going to do anything that will save us money?
Come on now.
Oh,by the way...Hydro has also applied for another rate increase in the near future.
Scam.
Andy...I heard two increases...one general revenue and one for maintenance of old equiptment they have probably been failing to keep serviced....and
the government will give it to them
the government has been planning to sell BC hydro for a while... this is one way... make it look like its losing money and then sell it to some buddies who will clean house and eliminate $300 million in wages all of a sudden it is making good money and our utility prices will go up...
lets look through the smoke and mirrors

BC Hydro has incorporated the BCTC empire as well.
Employee Wages on page 35

http://www.bchydro.com/etc/medialib/internet/documents/policies/pdf/policies_financial_information_act_return_to_march_311.Par.0001.File.policies_financial_information_act_return_to_march_311.pdf
Employee Wages on page 35

http://www.bchydro.com/etc/medialib/internet/documents/policies/pdf/policies_financial_information_act_return_to_march_311.Par.0001.File.policies_financial_information_act_return_to_march_311.pdf
Hydro wants you to conserve energy so that they can sell it to the USA at a higher price. Why else would they do it??? Its not like they are good corporate citizens.

BCTC was formed a number of years ago as a spin off from Hydro. It has now been returned to Hydro. BC Government claims the cost of the exercise was $9 Million , the opposition parties say it was $100 Million.

BCTC C.E.O. is David Emerson Hmmmmm have I heard this name somewhere before???

Another entity of Hydro, is PowerEx who are responsible for selling Hydro to the Americans. I suspect that there is considerable waste in this entity. At least there was a few years ago, with huge expense accounts for upper management etc;

We need a these entitys to be looked at in depth and reduced to a size that is consistant with what they actually do. I doubt if we will get it from this Government, or from the NDP. We need a fiscal responsible third party in BC.
So what! Nothing will be done about it! We will all sit on our arses and say nothing, do nothing and PAY. We have let government change the laws so that they can give themselves over bloated raises. Imagine if you could say to your boss "I voted to give myself a 33% wage increase". What do you think your boss would say? Where else other than government do you not have to ask for a raise? Where else other than government to people make this kind of wages on the tax payers dime. Where else do the employees rule the roust? We need to wake the hell up and DO SOMETHING about these things or shut up! And knowing US, we WILL shut up, bend over and take it without even a tiny squeak! We really are gullable push-overs with no back bone and I find it discusting. All the emails and letters I send to MLA's and government mean nothing because the masses are not standing behind people like me. The masses are asleep at the wheel and ignores making governments accountable. I will keep up my end of it but in reality I expect didly from the sheeple.
The utilities commission is supposed to protect the consumer because of monopolies like this not aid in the gouging.
Nearly 40% of their employees earn more than $100K. Crazy.

And this is a big organization so it is probably the one the City of PG "consultants" use as a comparison when recommending compensation for city employees.
"Hydro wants you to conserve energy so that they can sell it to the USA at a higher price. Why else would they do it???"
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They do it because the current financial system is not fully 'self-liquidating' internally, Palopu. There is a national need for "export credits", (even if they represent sums like the hydro-bill California's electric utility owes us, one which we'll likely never collect), to try to bridge the ongoing, and ever-widening, gap between collective "incomes" and collective "prices" domestically.

It's a situation that occurs in every industrialised economy, everywhere in the world. The more 'capital intensive' they become, the worse it gets. And it's why there is an exponential growth of unrepayable debt in every industrial economy everywhere in the world. Even in those countries like China, who are thought to be currently prospering.

Overall, our current accounting system increasingly mis-represents the physical facts it's supposed to always be capable of accurately reflecting numerically.

Physically, an export of power or any other resource or products to another country represents a loss of real wealth to the exporting country. The only advantage that can be gained from it, again physically, is if some form of alternate, more needed or desirable, real wealth is received back as imports from those receiving our exports. Trade that is actually 'trade', in other words.

What we get for our hydro exports are NOT alternate imports of greater utility to us, but rather "export credits". Foreign exchange convertable to Canadian currency that will be used to make the current financial system appear as if it's properly functioning. So long as we don't use it for what it's intended properly it be used for ~ to buy those alternate goods and services from the country whose money it is. It is a cruel charade which is becoming ever harder to maintain, and will eventually collapse into either another serious depression or war, unless it is soon corrected.
Socredible...how do you get internet access in your bunker :-)

I don't really disagree with you. Unfortunately, we Canadians have voluntarily chosen to trade our trees, oil, electricity, etc. for reality TV, Lady Gaga and a house full of Walmart crap.
This might sound way to simple. But let me say it. why not ask california to pay there bill and with interest. If i dont pay my bill i get my hydro turned off. But, like i said maybe this is to simple of a solution.
Agreed r_u_serious!
Hey, the gross salary's Hydro pays made actually the Global news.
Good job Opinon 250!
Keep on them!
And one increase or two BCRacer...you are right..we know they are going to get it!
Say thank you to the Campbell government!
The scary part is that they are just warming up!
Good for Opinion 250 to report and make the Global News tonight, but did you listen to Hydro try to justify the large raises and want us to beleive that crap.
Gordon Campbell has a privatized wall between public accountability and most everything in government he has touched in the last decade. We have no idea the kind of ridiculous remunerations being made by a lot of people that do nothing with their politically appointed positions in private partnerships with sole funding from government and tax payer sources. Its an established elite and they want you to keep going to work and paying your taxes.

I'd like to start with a cleaning of the house at the municipal level because this is where the waste hurts us the most. Everyone making over $80,000 a year should receive a 25% cut in pay across the board and the money saved should be used to pay down debt.
Agreed. Regardless of all the energy saving bull%^&*, the wheels to produce will continue to turn. Whether you turn your lights on or off, the price will rise and eventually we will allow our politicians to sell the whole damn thing to the Yankees so they can rape us like they do with our own oil. Our politicians either lack balls,or they are getting handsome feedback for betraying us. I'll go with the latter.
The workers in the electrical utility industry are in high demand all over north america, its called supply and demand. If Hydro doesn't pay, read government, the workers move on to other utilities. Spend a couple of years in school to qualify for more adfanced training over the next 4 years and you could also be making 100 to 200 thousand a year.
And that is why on power saving days I go around my house and turn every light on. Including my garage and make sure I'm doing laundry. That is my way of fighting the good fight. Maybe that's what we all should do.
Kolberg:-"Unfortunately, we Canadians have voluntarily chosen to trade our trees, oil, electricity, etc. for reality TV, Lady Gaga and a house full of Walmart crap."
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No, I don't think we've chosen to do this at all, Kolberg. Rather it's been a choice, for the most part, that has been forced upon us through continual diminishment of alternatives.

We have been spoon-fed a line that the world is really one big 'global' community, and that "there should be no barriers to international free trade".

While in principle maybe most of us would agree, in reality there are considerable barriers of a hidden nature that make globalised free trade a recipe for disaster for us when we embrace it.

Differences in currency exchange rates, for instance, can slew the realities of just which country is the "most productive", or best qualified to provide comparable products from abroad 'cheaper' than they could be made here for. Often the reverse of the physical reality is reflected financially.

Regardless, whether we have a world with national boundaries to protect national interests, or we move towards a "One World" without any, the fact remains that if either CANNOT now buy and pay for ALL the Products made in any given cycle of production with the total amount of all the Incomes distributed as money in that same period, then just how CAN they all be bought? If on borrowed money, then how can the loan ever be paid off? For the same scenario attends in the NEXT cycle of production, ad infinitum, (which means until there is a collapse.)

In Canada, or even BC for that matter, we would not want to buy domestically all the products that we make and export. We couldn't ever consume all the wheat we grow, or oil we pump, or lumber we cut, paper we make, etc. But even if we COULD actually consume all these things internally, we couldn't do so 'financially'. We would not have received, or still have, enough 'money' to fully liquidate the costs of production that have to be included in their price.

If this is so, and it most certainly is, how then, if global free trade is truly trade, can we ever fully purchase the exchange of these products through exports for other products from abroad we'd sooner have? We CAN'T ~ not without additional funds. And so we have an imperative to export, not to meaningfully 'trade' with others to a mutual benefit, but to try to 'capture' export credits from them to make a failing financial set-up appear as if it's still 'sound'. It is truly a race to the bottom. With all the real losers calling themselves winners.