Revenue Requirement Application 00/0 and 00/0 Volume Appendix D. Electric Rates Comparison
Table of Contents 1 Consumer Price Index... 1 Rates Comparison... List of Figures None. List of Tables Table 1A. Comparison of 00 Residential Rates: Hydro-Quebec Study (May 00)... Table 1B. Comparison of 00 Residential Rates: Manitoba Hydro Study (May 00)... Table A. Comparison of 00 Commercial Rates: Hydro-Quebec Study (May 00)... Table B. Comparison of 00 Commercial Rates: Manitoba Hydro Study (May 00)... Table A. Comparison of 00 Industrial Rates: Hydro-Quebec Study (May 00)... Table B. Comparison of 00 Industrial Rates: Manitoba Hydro Study (May 00)... List of Schedules None. BC Hydro 00/0 and 00/0 Revenue Requirement Application i
1 Consumer Price Index BC Hydro rate increases are monitored against those of other utilities and against increases in the Consumer Price Index (CPI). As shown in Figure 1, BC Hydro s rate increases over the past decade have been substantially below both the BC Consumer Price Index and a composite of twelve major Canadian utilities. Given inflation over the last ten years, real electricity rates for BC Hydro s domestic customers have declined by approximately 1 per cent. Cumulative Percentage Change % 0% % 0% % 0% 1% 10% % 0% 1991 199 199 199 199 199 199 199 1999 Year 000 001 00 00 00 00 00 BC Hydro Cdn Elec Utility Composite Average BC CPI 9 10 Source: Canadian electric utility composite average is derived using data from the CEA Canadian electric utility rate database. Figure 1. BC Hydro and Canadian Electric Utility Rate Increases: 1991-00 BC Hydro 00/0 and 00/0 Revenue Requirement Application 1
Rates Comparison As noted in Table 1A, Table A, and Table A, BC Hydro s residential and commercial rates, inclusive of taxes, are the lowest in North America, while industrial rates, inclusive of taxes, rank second only to those in Winnipeg. The tables also demonstrate that BC Hydro s rates will remain amongst the lowest following approval of this application. Table 1A. Comparison of 00 Residential Rates: Hydro-Quebec Study (May 00) New York 0. San Francisco.0 Boston 1. Detroit 1.1 Charlottetown 1.10 Miami 1.0 Houston 1.9 Edmonton 1. Chicago 1. Halifax 11.0 Regina 10.91 Moncton 10. Toronto 10. Seattle 10.0 St. John's 9. Portland 9.9 Nashville 9.1 Ottawa 9.0 Vancouver: post-increase. Montreal.9 Winnipeg. Vancouver: pre-increase. Average 1. 9 10 11 1. Based on 1,000 kwh/month consumption, inclusive of taxes, CAD $1 = USD $0.0.. Source: Comparison of Electricity Prices in Major North American Cities. Hydro-Quebec.. Rates effective on May 1, 00.. BC Hydro post-increase rate calculated using 9.% cumulative increase in F00 and F00. BC Hydro 00/0 and 00/0 Revenue Requirement Application
Table 1B. Comparison of 00 Residential Rates: Manitoba Hydro Study (May 00) Cities 0 kwh ($) Grand Prairie AB (Note 1) $110. 1.1 Charlottetown PE 9.11 1.9 Edmonton AB (Note ) 90. 1.0 Englehart ON (Note ).9 11. Calgary AB (Note ).9 10.1 Toronto ON (Note ).91 10.1 Halifax NS.1 10.0 Moncton NB. 9.9 Saskatoon SK. 9.1 Regina SK.9 9.0 Kenora ON (Note ).9 9.19 St. John's NF.91 9.0 St. John NB.9 9.00 Medicine Hat AB 0.0.00 Montreal PQ..0 Vancouver BC.. Winnipeg MB.0.1 1. Average aggregated Flow Through price. Includes a 000 Pool Rider.. Regulated Rate Option. Includes a 000 Pool Rider.. Standard Service Supply fixed reference price of. cents / kwh. Includes a Debt Retirement Charge.. All taxes excluded.. Source: Survey of Canadian Electricity Bills Effective May 1, 00, Manitoba Hydro. BC Hydro 00/0 and 00/0 Revenue Requirement Application
Table A. Comparison of 00 Commercial Rates: Hydro-Quebec Study (May 00) San Francisco. New York.1 Boston 1. Detroit 1. Charlottetown 11. Chicago 11. Miami 11.10 Toronto 10. Houston 10.9 Edmonton 10.1 Halifax 9.0 Moncton 9.1 Nashville 9.19 Regina.9 Seattle. Ottawa. St. John's. Montreal.01 Portland. Vancouver: post-increase.1 Winnipeg. Vancouver: pre-increase. Average 11. 1. Based on 00,000 kwh per month, 1,000 kw peak demand, % load factor, Inclusive of taxes, CAD $1 = USD $0.0.. Source: Comparison of Electricity Prices in Major North American Cities. Hydro-Quebec.. Rates effective on May 1, 00.. BC Hydro post-increase rate calculated using 9.% cumulative increase in F00 and F00. BC Hydro 00/0 and 00/0 Revenue Requirement Application
Table B. Comparison of 00 Commercial Rates: Manitoba Hydro Study (May 00) 1,000 kw (1,111 kva) 00,000 kwh ($) Grande Prairie AB (Note 1) $1,0 10.0 Calgary AB (Note ),. Toronto ON (Note ),11. Englehart ON (Note ),9. Charlottetown PE 0,0. Regina SK,.9 Saskatoon SK,.9 Halifax NS,.1 Moncton NB,0. St. John's NF (Note ),0.1 Montreal PQ,. St. John's NB,01.0 Medicine Hat AB 0,19.0 Vancouver BC 1,9. Winnipeg MB 1,91.9 9 10 11 1 1 1. Average aggregated Flow Through price. Includes a 000 Pool Rider.. 1 month average Pool Price.. Average Spot Market prices from May 1, 00 to April 0, 00 less Market Power Mitigation Rebate. Includes a Debt Retirement Charge.. Standard Service Supply fixed reference price of. cents / kwh. Includes a Debt Retirement Charge. Does not include charges for distribution rate. Charges are being deferred until rate is approved.. Summer / Winter average bill.. Customer-Owned Transformation, Service at Distribution Voltage less than 0 kv, 90% Power Factor. All taxes excluded.. Source: Survey of Canadian Electricity Bills Effective May 1, 00, Manitoba Hydro. BC Hydro 00/0 and 00/0 Revenue Requirement Application
Table A. Comparison of 00 Industrial Rates: Hydro-Quebec Study (May 00) New York. San Francisco.1 Boston 1. Toronto 9. Miami. Seattle. Edmonton. Detroit. Chicago. Ottawa. Charlottetown.0 Halifax. Houston.9 Nashville. Moncton. Portland.9 Regina. Montreal.0 St. John's. Vancouver: post-increase.0 Vancouver: pre-increase. Winnipeg. Average. 1. 0,00,000 kwh per month, 0,000 kw peak demand, % load factor. Inclusive of taxes, CAD $1 = USD $0.0.. Source: Comparison of Electricity Prices in Major North American Cities. Hydro-Quebec.. Rates effective on May 1, 00.. BC Hydro post-increase rate calculated using 9.% cumulative increase in F00 and F00. BC Hydro 00/0 and 00/0 Revenue Requirement Application
Table B. Comparison of 00 Industrial Rates: Manitoba Hydro Study (May 00) 0,000 kw/ kva 1,000,000 kwh ($) Grande Prairie AB (Note 1) $,90,19 9. Toronto ON (Note ),0,1. Charlottetown PE,0,00. Englehart ON (Note ) 1,9,00.1 Halifax NS 1,,900.09 Moncton NB 1,,000.0 Regina SK 1,,9.0 Montreal PQ 1,11,0.1 Wabush NF 1,10,910. Vancouver BC 1,0,0.1 Winnipeg MB 99,00.90 9 10 11 1. Average aggregated Flow Through price. Includes a 000 Pool Rider.. Average Spot Market prices from May 1, 00 to April 0, 00 less Market Power Mitigation Rebate. Includes a Debt Retirement Charge.. Standard Service Supply fixed reference price of. cents / kwh. Includes a Debt Retirement Charge. Does not include charges for distribution rate. Charges are being deferred until rate is approved.. Customer-Owned Transformation, Service at Transmission Voltage exceeding 100kV, 100% Power Factor. All taxes excluded.. Source: Survey of Canadian Electricity Bills Effective May 1, 00, Manitoba Hydro. BC Hydro 00/0 and 00/0 Revenue Requirement Application