News Release - October 4, 2010
VICTORIA - The BC Liberals' plan to force BC Hydro to rush into spending $1 billion to install "smart" hydro meters in every BC home by 2012 is a disaster waiting to happen, says Official Opposition energy critic John Horgan.
"Recent evidence from Ontario's smart meter experiment show more than 80 per cent of people are actually paying more, not less, under time-of-use billing using smart meters," said Horgan. "We are poised to make exactly the same mistakes here in BC.
"By rushing to finish the project by 2012, we lose the ability to make sure we get it right by learning from the mistakes of other jurisdictions. If this really is a good idea, let's see best practices put in place with a studied, measured approach."
More than four million smart meters have been installed across Ontario, allowing for a time-of-use billing scheme to be implemented that is intended to reward users with lower rates for using electricity in off-peak hours. But recent numbers from Toronto Hydro show that 84 per cent of people's electricity bills have gone up, not down.
"The Ontario experience has shown that smart meters don't work when it comes to conserving energy and saving money. Instead, they are proving to do just the opposite," said Horgan, noting the billion-dollar price tag to install the meters in BC could be better spent elsewhere.
"Just imagine how much good a billion dollars could do to stimulate the economy and save energy if it was directed to home energy retrofits. Energy efficiency measures like upgrading heating systems, proper insulation, and other home upgrades are a proven way to manage electricity demand."
Horgan noted that the BC Liberals don't have a business plan that shows how smart meters will be implemented or how they will save electricity, nor is there an independent review process to evaluate the effectiveness of the program.
"Now that the BC Liberals have exempted all major energy projects from the purview of the BC Utilities Commission, all decisions are being made at the whim of the embattled premier with no one but his head-nodding cabinet ministers to question their validity or value," said Horgan.
"BC families will be the ones who have to pay for the BC Liberals' reckless decisions through increasingly higher bills."
The Carole James and the Official Opposition are holding the BC Liberals accountable for their HST doublecross while working with British Columbians from all walks of life, all corners of BC, and all sectors of our economy to build a better British Columbia for the people of this province.
- 30 -
