Clean Energy BC's Submission to the BC Hydro Review
- BC Hydro Review - Cover Letter
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Fact Sheets
The Cost of Private Power
BC Hydro Rate Increases
Electricity Self Sufficiency
Demand Side Management
Deferral and Regulatory Accounts
Economic Benefits of Private Power Projects in BC -
Backgrounder - Role of IPP's in Rate Increases
In its current revenue requirements application (“Application”) before the B.C. Utilities Commission (“BCUC”) covering the years F2012 to F2014, BC Hydro (“BCH”) requests a rate increase of 9.73% in each year, which compounds to a 32.1% increase over the 3-year period.
- Role of IPP Energy Costs Appendix 1
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Backgrounder - Cost of IPP Energy
The cost at which BC Hydro (“BCH”) acquires energy from independent power producers has been frequently misunderstood and misinterpreted. In particular, the average adjusted firm energy price from the 2009/10 Clean Power Call (“Clean Power Call”) has been compared to the non-firm spot market price for imported energy from the U.S. This inappropriate price comparison is then used to attack the government’s policy of self-sufficiency in critical water conditions.
- IPP Cost of Energy Appendix 1
- IPP Cost of Energy Appendix 2
- IPP Cost of Energy Appendix 3
- IPP Cost of Energy Appendix 4
- IPP Cost of Energy Appendix 5
- IPP Cost of Energy Appendix 6
- IPP Cost of Energy Appendix 7
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Backgrounder - BC Hydro Capital and Operating Costs
While BC Hydro’s (“BCH”) requested 3 year rate increase of 32.1% has caused some of its customers to suffer from rate shock, its underlying causes are years in the making. Capital investment that should have been made in the 1990’s, to renew its asset base, was deferred until this decade and is now being made at the same time as the required capital investment for this decade.
- BC Hydro Capital Operating Costs Appendix 1
- BC Hydro Capital Operating Costs Appendix 2
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Backgrounder - BC Hydro Electricity Self Sufficiency
With one minor exception, BC Hydro (“BCH”) has planned its electrical system on the basis of self sufficiency since its inception. The reason is simple – almost all of its generating facilities are hydro electric and are subject to variations in reservoirs inflows because of the weather. The electricity demand still has to be met during the duration of the drought and this requires firm supplies of electricity. Not ones that might be there but ones that BCH owns or controls or has long term contracts for.
- Self Sufficiency Appendix 1
- Self Sufficiency Appendix 2
- Self Sufficiency Appendix 3
- Self Sufficiency Appendix 4
- Self Sufficiency Appendix 5
- Self Sufficiency Appendix 6
- Self Sufficiency Appendix 7
- Self Sufficiency Appendix 8
- Self Sufficiency Appendix 9
- Self Sufficiency Appendix 10
- Self Sufficiency Appendix 11
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Backgrounder - Demand Side Management
BC Hydro (“BCH”) has been engaged in some sort of energy conservation or demand side management since the early 1980’s. Sometimes these efforts are known as Power Smart and other times simply as “DSM”. Measuring the effectiveness of these efforts in terms of money spent for results achieved is an extremely difficult, if not impossible, task.
- DSM Appendix 1
- DSM Appendix 2
- DSM Appendix 3
- DSM Appendix 4
- DSM Appendix 5
- DSM Appendix 6
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Backgrounder - Deferral and Regulatory Account
Generally when accounting principles are applied, expenses that a company incurs are written off in the fiscal year in which they are incurred. There are exceptions to this general principle such as capital expenses that are carried forward until the underlying asset comes into service and the capital expenses are then amortized over the life of the particular assets.
- Deferral Accounts Appendix 1
- Deferral Accounts Appendix 2
- Deferral Accounts Appendix 3
- Deferral Accounts Appendix 4
- Deferral Accounts Appendix 5
- Deferral Accounts Appendix 6
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Clean Energy BC PwC 2010 Report
Economic Impact Analysis of Clean Energy Projects in British Columbia, 2010