's provincial government says the previous government pressured BC Hydro into signing long-term contracts with independent power producers (IPPs) that will cost customers over $16 billion over 20 years. Liberal government "manufactured an urgent need for power while disallowing BC Hydro to produce it." It says the contracts will cost the average residential BC Hydro customer about $4,000 over the next 20 years, or about $200 per year. "A small number of well-placed independent power producers benefited, and customers were stuck with a 40-year payment plan," she wrote. The report said the power BC Hydro was forced to purchase from IPPs was, for the most part, the wrong type of power.

Source: CBC News February 14, 2019 04:52 UTC