Bc hydro standing offer program rates

A project can take several months to a few years before being operational if successfully constructed. We're currently reviewing the following applications that have met the key requirements of the Standing Offer Program and have had energy volume reserved in their Target COD year. Processing the applications generally takes several months. SOP: Current applications. Emerging technologies are eligible if they meet the criteria for Completed Prototype Generation Technology, which means that the generation technology has completed a program of testing, with satisfactory results, using a sub-scale or full-scale prototype of the technology to simulate real-world conditions, which sufficiently demonstrates technical viability and safe performance of the technology at full-scale and under real-world conditions, as evidenced by the certification of a professional engineer or equivalent engineering designation registered or licensed in a jurisdiction that regulates the practice of engineering.

Alternatively, a professional or licensed engineer familiar with technology assessment can be retained to review tests completed to date and provide their professional conclusion as to the validity of the tests and their results.

BC Hydro offers all generation technologies the same price, with prices differentiated by the region where the energy is delivered to BC Hydro. The SOP price escalation mechanism described in the Standing Offer Program Rules and Standard Form EPA continues to be viewed as a sufficient means of addressing any potential increases in government taxes, rentals and levies.

The Clean Power Call contract contains no provisions for the flow through of increases in government taxes, rentals and levies, so it is reasonable to assume that the Standing Offer Program sufficiently prices this risk into the contract, making the contract financeable. Even if a project actually serves a local load, it would be displacing other energy which would have to travel on BC Hydro's grid to serve load elsewhere in the province.

For loss adjustment purposes, the load being served is assumed to be the Lower Mainland. Project energy losses vary depending on location, types of transmission infrastructure, system load conditions, and other generators in the vicinity. Losses can change over time as these parameters change. For BC Hydro's competitive call processes, individual loss studies considering these parameters are conducted and the loss estimates are used to adjust bid prices.

This approach simplifies the pricing, provides applicants with price certainty, and avoids the cost and complexity of individual loss studies for each developer. When does the Standing Offer Program expire? There is currently no specified expiry date for the Standing Offer Program. We are preparing an application for a customer who is currently selling power in short-term increments to Powerex, a wholly-owned subsidiary of BC Hydro. Is Powerex considered to be BC Hydro or a third party?

What are the costs involved in leasing a revenue meter? What are the eligibility requirements for the Standing Offer Program? How can a developer demonstrate site control for a project? If additional capacity becomes available, can I apply to the Program again for the same site? Under the Clean Energy Act the definition of "clean or renewable resource" as biomass, biogas, geothermal heat, hydro, solar, ocean, wind or any other prescribed resource is not exhaustive enough and open to interpretation.

What is BC Hydro doing about this? How will BC Hydro determine whether a cluster of projects where the combined nameplate capacity of the cluster exceeds 15 MW will be eligible? Is BC Hydro retaining all the Environmental Attributes from clean or renewable electricity purchases?

Am I still able to participate? Can I connect my off-grid house to the power line I intend to build for my project? Possibly, depending on the interconnection circumstances involved. Who should I contact with my questions about interconnecting my Standing Offer Program project? The SOP was launched on April 11, From October to July , we hosted several dialogue sessions , a First Nations session, interviews with SOP applicants and received responses to an online questionnaire.

Additionally, we conducted jurisdictional reviews, which compared the SOP to similar programs in other parts of North America. Connecting to the Grid. Residential Electricity. Site C Project. BC Hydro Review - Phase 1. BC Hydro Review - Phase 2. To contain rate increases, control costs, and position BC Hydro for future success, the B.

Government has worked with BC Hydro to identify cost savings, efficiencies, new revenue streams and other changes to keep electricity rates low, while ensuring sound regulatory and financial oversight of BC Hydro and enabling implementation of government policy priorities.