By Jeremy Valeriote, BC Green Party MLA:
On July 1, BC Hydro is changing the way it pays for power generated from household solar, and we’re not happy about it.
Under the current system, BC Hydro gives you a free kilowatt of power later, in return for every excess kilowatt your panels send to the grid. Starting July 1, BC Hydro will pay you LESS for solar you generate, compared to the amount they bill for power you use.
The BC NDP say we need every source of clean electricity we can get. But when homeowners step up and invest in rooftop solar, they’re rewarded with lower compensation for the power they provide to the grid.
Why is this government subsidizing LNG corporations while penalizing British Columbians who invest their own money in clean energy? It’s sending the wrong signal at a time when we desperately need to expand clean electricity.
Categories: BC Hydro, Energy - Solar
in-sights.ca 
The BC NDP is bankrupt financially and morally.
I don’t think quoting a self destructive Green party will help any!
The Greens need to become more pragmatic as with the EU Greens.
Sadly, Canadian Greens have imploded ever since their initial success was followed by trying to influence foreign affairs such as Palestine and controversial issues such as gender politics!!
Flying before you have feathers was never a good choice?
TB
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Our MLAs need to give B.C. Hydro firm directives to support distributed electrical generation that rooftop solar panels can provide. Power coming from the Peace River is degraded by line losses as it travels hundreds of kms to where it is needed. Power from rooftop solar will experience negligible line losses as it travels hundreds of meters to where it is needed.
I agree that the B.C. NDP is morally bankrupt
The Green Party is the most moral of BC’s political parties
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There’s just so much that we didn’t understand til now.
In Political English the terms seemed crystal clear. So great was the enthusiasm of Private Capital for constructing a pipeline from Alberta to the Pacific Ocean that investors would fight each other to provide funding. The cost to taxpayers? Nothing.
As it must, in Economic English, now the proper assignment of Construction Debt has changed.. Everybody just loves the new deal. What’s there even to dislike?
https://www.theenergymix.com/90-public-ownership-as-carney-smith-announce-new-pipeline-into-declining-global-oil-market/
‘90% Public Ownership’ as Carney, Smith Announce New Pipeline into Declining Global Oil Market
Alberta Premier Danielle Smith and Prime Minister Mark Carney have announced a route and a tentative partnership for a new pipeline from Alberta’s oil sands to the British Columbia coast, with taxpayers picking up the lion’s share of the cost.
After an unsuccessful, months-long scramble to line up private investors for the project in the face of an accelerating global shift to cleaner, cheaper renewable energy, Smith and Carney announced that the West Coast Pipeline will be a partnership between the provincial government and federally-owned Trans Mountain Corp., The Canadian Press reports.
A submission package shared by the province put the estimated price tag for the pipeline between $35.2 billion and $43.7 billion, including contingency fees but before factoring in potential cost increases like the monumental, 584% overrun incurred by the last fossil project Canadian taxpayers underwrote, the Trans Mountain pipeline expansion. The chances of recovering those costs are “slim”, the Institute for Energy Economics and Financial Analysis recently warned.
Alberta taxpayers have shelled out $18.3 million so far in planning costs for the new project, the submission package says.
Smith said the pipeline, which is meant deliver more than one million barrels of oil per day, would double oil sands production to eight million barrels per day over the next 10 to 15 years, CBC states. Construction could begin as early as 2027 and end by 2034. “As for who foots the bill,”
CBC writes, “Smith said detailed funding and the cost for taxpayers ‘remains to be negotiated’.”
Based on Thursday’s announcement, one independent analyst says public ownership is on track to cover 90% of the cost.
Calgary-based Pembina Pipeline Corp. announced it is joining the project, as well, but with news release language much more tentative and less definite than the Thursday evening announcement from Carney’s office.
CBC compares the B.C.-Canada deal to “a week of big trades in the National Hockey League,” reporting that the B.C. premier’s price for muting his opposition to the pipeline included “billions of dollars for new natural resources projects, a tunnel replacement in Metro Vancouver, guarantees on environmental protections, $630 million for child care, and perhaps most importantly to the provincial government, maintaining the North Coast tanker ban.”
Ottawa pledges to take on financial risks for any potential environmental issues and spills should the pipeline be approved, CP writes. It also promises that B.C. will receive financial compensation for having the pipeline run through it.
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If this ship sinks you own it! But it became yours for a terrific price!
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