BC Hydro Revises Standing Offer Program (SOP)
February 1, 2011 by Danielle Jarvis
Following a two year review of the Standing Offer Program (SOP), BC Hydro has revised the SOP in key areas related to eligibility, pricing, interconnections, EPA terms and the general SOP process.
The SOP, launched in 2008 was intended to encourage the development of small and clean or renewable energy Projects throughout British Columbia. The SOP pricing has been increased between 14% and 29%, depending upon the location of the project. BC Hydro estimates that the new pricing will attract a cumulative total of approximately 1,000 gigawatt hours (GWh) per year of energy over two years under the SOP. BC Hydro currently has approximately 190 GWh/year of energy under contract from the SOP.
Some of the key revisions to the SOP are as follows:
Other Comments on the SOP: