BCUC EV Inquiry Outcome: Private Organizations Are Now Allowed to Charge a Fee

BCUC EV Inquiry Outcome: Private Organizations Are Now Allowed to Charge a Fee

Starting in 2018, the British Columbia Utilities Commission (BCUC) had put forward An Inquiry into the Regulation of Electric Vehicle Charging Service to seek market evidence whether to allow and/or regulate pricing on private organizations providing EV charging services. As of 2018, only BC Hydro was allowed to resell electricity per kWh in British Columbia deterring private players to get into the EV charging service market due to a lack of attractive ROI.

On March 22nd 2019, the BCUC has come to the conclusion that there was no regulation needed therefore approving electric vehicle charging service providers who are not otherwise public utilities, as well as landlords and strata corporations exempt from part 3 of the Utility Commission Act, other than sections 25 and 38.

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New BC EV Regulation 2040: What Does It Mean to Your Industry

New BC EV Regulation 2040: What Does It Mean to Your Industry

Last November, the BC NDP government announced a new target: 100%1 of all new light-duty vehicle sales to be zero emission by 2040, under B.C.’s electrification plan . As electric vehicles (Evs) are already experiencing exponential growth, this regulation will accelerate the EV adoption pace.

Considering all new vehicles are to be electric within two vehicle cycles (20 years), the need for EV charging infrastructure is and will become an immense opportunity. Gas stations will remain as many electric vehicles are plug-in hybrid with limited electric range. However, the majority of EVs are forecasted to be battery electric vehicle (BEV) resulting in an immense decrease in fuel demand while greatly increasing the need for EV charging infrastructure.

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How Can Your Organization Benefit From The Rise of Electric Cars

How Can Your Organization Benefit From The Rise of Electric Cars

The Electric Vehicle (EV) market has grown over the past few years, continues to boom, and is expected to keep doing so in the coming years. Unfortunately, EV sales have never been significant enough to turn heads. So when it's time for buyers to purchase a new vehicle, have been reluctant to jump at buying an EV when it was time to purchase a new vehicle; not anymore. 

As of March 2017, EV sales across Canada have been growing year-over-year with a 68% increase in vehicles sold from the same period in 2016. British Columbia is leading the way with 4% of total sales being EVs. If the 2017 trends keep course, the market across Canada will see similar growth; EVs sales in Quebec and British Columbia to account for 5% of the total market in 2017. That is a marked increase from 0.4% a couple years ago. 

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