What British Columbians will pay more for in 2017

British Columbians can expect to pay more for electricity, public transit andcar insurance in the new year.

ICBC, BC Hydroand Translinkare all bumping their rates in 2017,and Medical Services Plan (MSP) premiums will rise for more than half a million West Coasters as well.

Premier Christy Clark says she'sconsidering rejigging the way B.C.ers are taxed, including changing MSP and property taxes,but nothing concrete is in the works yet.

Hereare some of the services British Columbianswill, or could, beshelling out more for in 2017.

MSP

Approximately530,000 families in B.C. will see an MSP increasenext year, according to NDP leaderJohn Horgan.

For example, the new rates will see couples with an annual household income of more than $45,000 paying an extra $14 a month, or $168 a year.

The mediantotalincome for a family in B.C. is$76,770, according to Statistics Canada.

Senior couples who make over $51,000 will also see a bigger bill, landing in the highest price bracket without a chance at a discount.

There are some breaks forsingle parents who make less than $40,000 a year theycould save up to $1,248 annually, or $104 every month. Single parents with two kids could keep at least $900 in their pockets each year.

The provincial government said the new MSPrates are meantto give low-income families a break.

BC Hydro

BC Hydro's rates are slated to rise by 3.5 per cent on Apr. 1, 2017, keeping in line with the corporation's 10-year pricing plan.

The increase means the average monthly residential bill will go up by about $3.74.

The new ratesare to help update BC Hydro's aging infrastructure andenable the corporation to keep up with the ever-growing need for power.

Thedemand for electricity hit a three-year provincial high on Fridayin the midst of a two-week cold snap on the South Coast.

ICBC

Rates for basic insurance with ICBC are going by 4.9 per cent in the new year.

On Monday, B.C. Transportation Minister Todd Stone said the ministryhasdirected the B.C. Utilities Commission to green lightthe proposed hike.

ICBC hadbeen eyeing the4.9 per cent rate increase for months, saying the extra boost would help cover costs caused by a higher number of claims in the province.

Last year, rates rose by 5.5 per cent.

Stone has also previously announced plans to doublepremiums for owners of high-value luxury vehicles in the new year.

Translink

Translink will be increasing fares for the first time in four years in July 2017. Prices willrise by $0.10for single-use tickets and $2for monthly passes.

The average Metro Vancouver homeowner will also see an additional $3on their property taxes next yearto go to the authority.

In 2016, the owner of a house assessed at $678,313 the regional average saw $188 of their property tax go to the authority. With the newadjustment, the bill rises to $193.

The changes are part of anewthree-year, 10-phase plan to improve transit in Metro Vancouver.

BC Ferries

BC Ferries' fares are expected to rise by 1.9 per cent, keeping in line with its annual pricing caps set out in 2015.

Property taxes (Vancouver)

Vancouver city council approved a 3.9 per cent property tax increase for 2017, including a 0.5 per cent increase to help fight the fentanyl crisis.

The latter portion of the levywill cost homeowners anywhere between $4 and $19a year, depending on the value of their home.

Empty homes tax (Vancouver)

Vancouver homes that aren't principal residences or aren't rented out for at least half the year will be subjectto an empty homes tax next year.

The one per cent tax is the first of its kind in the country, andmeans a $5-million home left empty would be taxed $50,000.

With files from the Canadian Press