Wireless meter testing at a BC Hydro facility.

BC Hydro downgrades smart meter savings

Cost of power trending lower, but project still pays for itself and eliminates most electricity theft from marijuana grow ops

BC Hydro’s smart meter system will still more than pay for itself through efficiency and prevention of power theft, but the savings are not as great as were estimated when the project was launched in 2008.

BC Hydro’s final project report estimates the savings to be $1.1 billion over 20 years, down from the initial estimate of $1.6 billion. The main difference is the projected cost of new electricity, said Greg Reimer, BC Hydro’s vice president for transmission and distribution.

The initial estimate was made in 2008, based on a price of $131 per megawatt-hour for new electricity generation. The price estimate has fallen since then due to lower than expected demand as mining and other resource industries have slowed, and development of lower-cost energy production such as wind power, Reimer said.

The final report, filed with the B.C. Utilities Commission last week, confirms that the project to install 1.93 million meters with two-way wireless communication came in about $150 million under the project budget of $930 million.

[See below for final report]

Actual savings achieved through the first five years of operation amount to $235 million. The wireless system eliminates manual meter reading, identifies power outages more quickly and precisely for better deployment of repair crews, and has reduced power theft, mostly from marijuana grow operations.

The target was to eliminate 75 per cent of electricity thefts, typically from meter bypass wires, but the report concludes that it has achieved a reduction of 80 per cent. The smart grid identifies areas of unpaid power use, and ground crews locate the illegal and hazardous meter bypasses from there.

“The installation of the meters themselves as well as the detection-of-theft work that we have done has led to an increase in what I would consider to be voluntary compliance, or people not stealing,” Reimer said.

There were numerous disputes over the accuracy of wireless meters as installation went along, but Reimer said every meter that was removed for testing so far has been shown to be accurate.

The BCUC and Health Canada have rejected claims that radio waves emitted by meters are a health hazard. Experts compare the signals to a brief cellular phone call.

There are still about 12,000 BC Hydro customers who refuse the wireless signal option, and pay extra for manual meter readings. As federal licensing for the old mechanical meters expires, they are being replaced with smart meters with the radio function turned off.

Six aboriginal reserves are among the holdouts. The report doesn’t identify them, saying only that efforts to gain access to upgrade the system are continuing.

BC Hdyro Smart Meters_FNL_RPT by Tom Fletcher on Scribd

Just Posted

B.C. freestyle skier wins gold

Cassie Sharpe of Comox shines in the halfpipe

Work begins on new Sooke library

VIRL hopes to have ‘shovels in the ground’ this spring

UPDATED: Emergency crews rescue pregnant woman from Mount Finlayson

Langford and Metchosin respond to roughly four-hour-long rescue

EMCS senior boys basketball team loses to end season

Wolverines lose 71-51 against Stelly’s Secondary

A work of art for real estate golden anniversary

Three generations of Zieglers and 50 years of real estate

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Virtue and Moir end ice dance careers with Olympic gold

Virtue and Moir’s gold medal win at the Olympics makes them the world’s most decorated figure skaters

Canadians find living in small spaces teaches creativity

Canadian families choosing to live in small spaces to bring closeness to children

Victoria City rower medals at indoor world championships

Carl Schoch takes 2,000-metre sprint bronze in veteran category

Saanich Braves earn top awards heading into playoffs

MVP, Coach of Year lead Braves against Kerry Park Islanders starting Tuesday

SAR suspends search for missing man at Sun Peaks

RCMP will continue to search for a missing man near Kamloops but SAR has suspended their role

Lottery will help save children’s lives

Each ticket gets you a chance to win a lot of money, while helping a lot of kids

B.C. RCMP officer officially cleared in car wash shooting incident

A report found the Salmon Arm officer fired 14 bullets at the man’s truck

Most Read