Manitoba Hydro proposes electricity rate hike of nearly 11% over 3 years

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Manitoba Hydro is seeking permission to raise electricity rates by nearly 11 per cent over the next three years in order to fix aging infrastructure, increase generating capacity and mitigate the effects of drought and debt.

The Crown corporation asked the Public Utilities Board to approve three annual rate hikes of 3.5 per cent, beginning in 2026, according to documents published on Mar 28.

The hikes would follow a one-year rate freeze promised by the NDP government — but criticized as reckless by consumer advocates and the Progressive Conservative Opposition.