• Feature Articles
  • Digital Issues
  • News
  • Events
  • Products
  • Subscribe
  • Advertise
Facebook Twitter Instagram
Trending
  • Self-learning tankless water heater
  • Median income for journeypersons declined in 2020
  • CIPH launches new leadership academy program
  • National plumbing codes take effect in Alta on April 1
  • Electric tankless units
  • TSSA issues warning of trunk slammers
  • Advanced recirculation technology
  • Wolseley opens new store in Ajax
Facebook Twitter Instagram LinkedIn YouTube
Plumbing & HVAC
  • Feature Articles
  • Digital Issues
  • News
  • Events
  • Products
  • Subscribe
  • Advertise
Plumbing & HVAC
You are at:Home»News»FortisBC implements Clean Growth Innovation fund

FortisBC implements Clean Growth Innovation fund

0
By Plumbing & HVAC Staff on July 17, 2020 News

British Columbia is taking its next step towards reducing their greenhouse gas emissions. FortisBC – a regulated utility focused on providing natural gas, propane and thermal energy solutions for B.C. – will be implementing a Clean Growth Innovation Fund to support the transition to a lower-carbon economy. They just received approval from its regulator, the British Columbia Utilities Commission, to implement this fund as part of its 2020-24 multi-year rate plan.

Starting Aug. 1, they will commit $4.9 million per year until 2024 to the fund. It is financed through an additional $0.40 monthly charge to all FortisBC natural gas customers, which amounts to less than $5 per year.

“As the single largest provider of energy in British Columbia, FortisBC has an important role to play in helping the province reduce emissions to help advance a lower-carbon energy future,” said Douglas Stout, vice-president of market development and external relations with FortisBC. “Technological innovation is crucial for climate action and the Clean Growth Innovation Fund will accelerate our already substantial efforts in driving climate solutions.”

The fund was created to help explore technologies such as renewable gases, carbon, and methane capture, fuel cell and remote power technologies.

Selection criteria for these projects include the amount of co-funding secured from the applicants, estimated emissions reduced in British Columbia, estimated cost reduction for FortisBC customers, and the relevant experience of the project team. Senior FortisBC management and an external advisory council will oversee the projects.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleAlta. government boosts financial support for apprentices
Next Article MCAC scholarship deadline looms

Related Posts

Median income for journeypersons declined in 2020

CIPH launches new leadership academy program

National plumbing codes take effect in Alta on April 1

Comments are closed.

TWITTER
Tweets by Plumbing_HVAC_
RSS Plumbing & HVAC
  • Self-learning tankless water heater
  • Median income for journeypersons declined in 2020
  • CIPH launches new leadership academy program
  • National plumbing codes take effect in Alta on April 1
  • Electric tankless units
  • TSSA issues warning of trunk slammers
  • Advanced recirculation technology
  • Wolseley opens new store in Ajax
  • Alberta mass timber buildings can now build up to 12-storeys
  • Cordless threader
About
About

Plumbing & HVAC

Canada's largest and most qualified circulation to the mechanical trades.

Subscribe Now!

Recent Posts
March 28, 2023

Median income for journeypersons declined in 2020

March 27, 2023

CIPH launches new leadership academy program

March 24, 2023

National plumbing codes take effect in Alta on April 1

Pages
  • Advertise
  • eNewsletter
  • Feature Articles
  • Get in Touch
  • News
  • Products
  • Subscribe
Copyright © 2021 Plumbing & HVAC all rights reserved | Designed and Developed by Upnorthwebs

Type above and press Enter to search. Press Esc to cancel.