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British Columbia Introduces CleanBC Industrial Electrification Rates and the Facilities Electrification Fund | Bennett Jones LLP

[co-author: Kenryo Mizutani - Articling Student]
On January 28, 2021, the Government of British Columbia announced that BC Hydro will offer discounted electricity rates to innovative industrial customers seeking to use clean electricity in qualified “green” operations, as well as industrial customers who convert their operations to be powered by electricity instead of fossil fuels. In addition to rate discounts, British Columbia will also provide financing to encourage electrification projects through a new $84.4-million CleanBC Facilities Electrification Fund.
CleanBC Industrial Electrification Rates
BC Hydro’s two new rate options are: 1) the Clean Industry and Innovation Rate; and 2) the Fuel Switching Rate. Both rates are available until March 31, 2030, and qualifying industrial customers can enjoy discounted rates for seven years. The discount is 20 percent for the first five years, 13 percent in the sixth year, and seven percent in the seventh year. The Cle ....

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British Columbia Introduces CleanBC Industrial Electrification Rates And The Facilities Electrification Fund - Energy and Natural Resources

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On January 28, 2021, the Government of British Columbia announced that BC Hydro will offer
discounted electricity rates to innovative industrial customers
seeking to use clean electricity in qualified green
operations, as well as industrial customers who convert their
operations to be powered by electricity instead of fossil fuels. In
addition to rate discounts, British Columbia will also provide
financing to encourage electrification projects through a new
$84.4-million CleanBC Facilities Electrification Fund.
CleanBC Industrial Electrification Rates
BC Hydro s two new rate options are: 1) the Clean Industry ....

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DoE remits P4.15B to LGUs for virus fight

December 18, 2020 | 6:00 pm
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THE ENERGY department has so far remitted P4.15 billion from its Energy Regulations 1-94 (ER 1-94) program to help local government units (LGU) stem the spread of the coronavirus disease (COVID-19), the agency said in a statement on Friday.
Broken down, P1.05 billion went to the Development and Livelihood Fund, Electrification Fund, P2.07 billion went to the Reforestation Watershed Management Fund and P1.03 billion went to the Environment Enhancement Fund.
Under the ER 1-94 program, power generating companies are required to give one centavo for every kilowatt-hour of sales to their host communities to fund electrification, livelihood and development projects in the area. ....

Angelicay Yang , Electrification Fund , Livelihood Fund , Environment Enhancement Fund , Reforestation Watershed Management Fund , Energy Regulations , Environment Enhancement , மின்மயமாக்கல் நிதி , வாழ்வாதாரம் நிதி , சூழல் விரிவாக்கம் நிதி , மறு காடழிப்பு நீர்நிலை மேலாண்மை நிதி , ஆற்றல் ஒழுங்குமுறைகள் , சூழல் விரிவாக்கம் ,