BC Hydro inflated claims of smart- meter benefits, NDP critic says. BC Hydro provided the public with misleading financial information in order to justify spending more than $1- billion to install smart meters across the province, claims NDP energy critic Adrian Dix. In a detailed letter to Jessica Mc. Donald, the president and chief executive of BC Hydro, Mr. Dix accuses the Crown corporation of inflating a claim that the smart- meter program would lead to more than $5. In a statement responding to the criticism, BC Hydro has defended the program, saying it is exceeding expectations in helping to reduce electricity theft. Dix said that based on BC Hydro reports, three years into the program, the promised savings haven’t materialized. BC Hydro installed 1. The thing has been in place since the end of 2. I don’t think there’s any evidence of a substantial change in grow- op operations or a reduction in electricity theft,” Mr. I mean, we didn’t need to spend a billion on this program.”In his letter, sent to Ms. Mc. Donald by e- mail on Thursday, Mr. Dix accuses BC Hydro of inflating the cost of electricity theft by grow- ops. He says that in 2. If you look at what they did, suddenly the amount of electricity theft started to go up,” Mr. Cabinet ordered them to do it. BC Hydro’s transmission system moves electricity from generating stations to distribution substations, where it is transformed to lower voltages for distribution to. BC Hydro is a provincial crown corporation and electric utility that serves the province of British Columbia. Viewed 208,647 times. BC Hydro Program Evaluation . BC Hydro desired to verify targeted program savings through actual energy consumption, in operation. And so they had to come up with a new business case to somehow justify all this.”Mr. Dix demanded an accounting of the smart- meter program from BC Hydro.“They need a new business case. They need to be honest with people that smart meters are going to be a net cost to the province. In the matter of british columbia hydro and power authority application for approval of charges related to the meter choices program decision april 25, 2014. British Columbia Hydro and Power Authority. They can still defend them if they want, they can say, . Dix said that if BC Hydro can inflate the business- case numbers for “a massive and costly program” such as the switch to smart meters, it brings into doubt the corporation’s projections on other projects, such as the $9- billion Site C dam. In an e- mail, Steve Vanagas, chief communications officer for BC Hydro, said the smart- meter and infrastructure program, known as SMI, is working as predicted.“The SMI business case projected a reduction in theft to peak at 7. We are now expecting to reduce energy theft by 8. We expect that over 2. The original business case says the benefit from reduced electricity theft will be between $6. While we are on track to exceed our theft- reduction targets, the exact value of these savings will fluctuate based on the cost of energy. We continue to expect the savings to be within that original range,” Mr. Vanagas stated. He said BC Hydro had just received Mr. Dix’s letter and will respond to it in detail at a later date. Report Typo/Error. Follow Mark Hume on Twitter: @markhumeglobe.
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