Friday, February 5, 2016

Government Hydro Sucks

In the last four years alone, BC Hydro has caused all kinds of trouble with increased rates, employee bonuses, infrastructure delays and negotiations that have left the taxpayer worse off than before.   

BC Hydro dividends are paid out to the government, instead of going back to the ratepayers, making the power company more of a taxing agency than an actual service provider.   In a 2011 BC Hydro audit, it was revealed that while rates were increasing in double-digits, the Crown corporation was adding hundreds of people to its payroll, boosting salaries, pensions and benefits. It gave performance bonuses to 99 percent of its employees. 

Energy decisions have become political discussions.

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