B.C. residents are going to get some reprieve on their home heating costs this winter and lower-income families will get an additional tax credit this fall.
BC Hydro and FortisBC have each announced every customer will soon receive a one-time $100 “cost-of-living” credit to their electricity accounts.
In addition to the two credits, Premier David Eby announced a new “BC Affordability Credit” to help low- and middle-income earners with the rising costs of inflation.
As well, “Commercial customers will receive a credit in the first half of 2023. The precise amount is based on their electricity consumption between Oct. 1, 2021 and Sept. 30, 2022 and is expected to average around $500.”