Who will pay for the necessary BC Hydro upgrades?

Thank you, Dan. Woodfibre LNG will be responsible for the full cost of connecting to the BC Hydro system and any transmission system upgrades necessary to serve our facility.

The BC government announced in 2014 that BC Hydro would be charging LNG proponents $83.02 per megawatt hour (MWh). That was what they said the combined energy and demand charge would be in 2014, before applicable taxes. By comparison, in 2014 the average industrial customer in B.C. paid a combined energy and demand charge of $54.34, before applicable taxes.

That means LNG proponents will be paying our fair share for electricity. Like other LNG proponents, Woodfibre LNG will also pay the full cost of connecting to the BC Hydro system, as well as any transmission system upgrades necessary to serve our facility.

For more details on the government’s announcement, you can go here.