B.C. Hydro's deferral of expenses at $5.5 billion, says auditor general

VICTORIA — Auditor general Carol Bellringer says B.C. Hydro has deferred $5.5 billion in expenses that it plans to recover from ratepayers over time.
Bellringer focuses on the deferred expenses in a report on the public utility’s use of rate-regulated accounting to control the prices it charges customers.
She says rate-regulated accounting is used widely across North America, but cautions that Hydro has largely overridden the role of the independent B.C. Utilities Commission to regul