Submissions to the British Columbia Utilities Commission (BCUC)
Application for Approvals relating to Restructuring and Business Combination Transactions
2015 Rate Application for Phase 1 of the UBC NDES
2014 CPCN Application for Phase 1 of the UBC NDES
View and download the current UBC NDES Tariff.
About Rates & Tariffs
Rates charged by Corix are subject to review and approval by the BCUC using the same rate setting principles used for BC Hydro and Fortis BC rates.
NDES rates are inclusive of the majority of the costs associated with thermal energy delivery. Buildings connected to the NDES only pay for energy used and the pumping energy required to move it through a building. The end user is not responsible for paying fees associated with ongoing operations and maintenance of boiler equipment and hot water tanks, and does not have to pay into a contingency reserve fund for the eventual replacement of this equipment.
The following charts illustrate Corix’s 10-year district energy rate for the NDES at UBC compared to BC electricity rates, according to BC Hydro’s Revenue Requirements Rate Application for 2015 and 2016.
Corix Revenue Requirements – 10 Years
BC Hydro Revenue Requirements – 10 Years
How Rates Are Calculated
All thermal energy is bulk metered by Corix through revenue grade meters and billed monthly to stratas as a lump sum. Corix does not divide the bill between each strata lot user. All buildings connected to the NDES are billed according to two distinct tariffs.
- Fixed Component
This component is based on the Gross Floor Area (GFA) of each individual building. It is represented on your actual bill by a $/m2 (or $/ft2) charge. This charge covers off all of the “controllable” costs incurred by the utility in providing the service i.e. – operations and maintenance, the utilities return on investment, financing costs for infrastructure, etc. This charge is the same every month.
- Variable Component
This component is based on the amount of thermal energy used by a building in any particular month. It is represented on your bill by a $/kWh (or $/MWh) charge. This charge is based on the “uncontrollable” costs incurred by the utility in providing service i.e. – Natural Gas and Electricity.
For greater detail on rates and tariffs, please view or download the UBC NDES Tariff.