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Article content We apologize, but this video has failed to load. Try refreshing your browser. Hydro rates to increase 2.5% annually for next three years Back to video Finance Minister Scott Fielding and Crown Services Minister Jeff Wharton announced the fixed-rate increase will be an amendment to controversial Bill 35 (The Public Utilities and Ratepayer Protection and Regulatory Reform Act) in the fall and will be set in the interim of a new regulatory process through the Public Utilities Board which will set out five-year rate increases. The 2.5% increase will be the lowest increase in a d...

Winnipeg Free Press By: Dan Lett | Posted: 7:00 PM CDT Thursday, Jul. 8, 2021 Opinion The Manitoba Hydro pig has been back to the salon for a whole new shade of lipstick. The Manitoba Hydro pig has been back to the salon for a whole new shade of lipstick. Subject to months of increasingly shrill criticism, the Progressive Conservative government has unveiled new political spin on Bill 35, the controversial proposed law that re-invents the process of setting annual electricity rate increases. A coalition, which includes consumers group...

Winnipeg Free Press By: Carol Sanders | Posted: 7:00 PM CDT Tuesday, Jun. 29, 2021 Last Modified: 8:13 PM CDT Tuesday, Jun. 29, 2021 | Updates Save to Read Later Manitoba Hydro is seeking its second electricity rate increase in a year without approval from the Public Utilities Board. Manitoba Hydro is seeking its second electricity rate increase in a year without approval from the Public Utilities Board. Jay Grewal, president and chief executive officer of the publicly-owned utility, divulged a planned Oct. 1 rat...

WINNIPEG -- Manitoba Hydro is looking for a potential rate hike come the fall. During a legislative committee meeting Tuesday morning, Manitoba Hydro President and CEO Jay Grewal revealed the Crown Corporation is looking for a 3.5 per cent rate increase to take effect Oct. 1, 2021. "The rate increase that we presented will allow Manitoba Hydro over the longer term to move towards being able to start to generate net income to be able to pay down its debt and to get closer to achieving that 75-25 debt-equity target," she told the Standing Committee on Crown Corporations. Grewal said Hydro ...

  WINNIPEG -- If things go according to plan, Manitoba drivers could be receiving a rebate cheque early next year thanks to Manitoba Public Insurance (MPI). MPI announced Monday that it has filed its rate application to the Public Utilities Board (PUB) and it has requested a rate decrease of 2.8 per cent. MPI said the application includes the removal of the Capital Release provision that has given a five per cent discount as part of the rate. With the provision being removed, MPI said a separate application would be filed to request a rebate of $155 million. "The reduction in rate is r...