June 9 set for AGM

The BCEC Inc. annual meeting has been set for June 9 at 7 pm.

Please contact the BCEC Secretary if you wish to come.

We have a small room and seating is limited.

 

BCEC Update

To all Members of the BCEC,

Spring is here and I would like to update all our Members on the current status of our OPA smallFIT application.

To recap, during the OPA FIT 2.1 application window from Dec 14, 2012 – Jan 18, 2013, the OPA declared that it would approve a maximum of 200MW worth of “small FIT” solar projects (projects between 10 kW and 500 kW in size). We submitted our application during that application window.

Our application was approved on September 2, 2014. Our new completion date (COD) is September 2, 2016.

The OPA received over 4000 applications totaling approximately 825 MW! 

We were the only Toronto-based Renewable Energy co-op with school ties to win a contract offer.

In the meantime, we are:

  • Developing a better BCEC website
  • Renegotiating our existing roof access license rate with the TDSB
  • Searching for corporate sponsors
  • Reconnecting with our members and adding new ones
  • Preparing for our AGM

If you have any questions or would like to volunteer with the co-op, please get in touch with anyone on our Board of Directors.

Kind regards,

Bob, BCEC secretary

 

Licence Awarded to BCEC

Our cooperative, BCEC Inc., has become the first renewable energy coop licensed to install a solar project on a Toronto public school roof, Kew Beach Junior Public School.

BCEC has accepted a smallFIT 3.0 power purchase contract offer by the IESO with our Commercial Operation Date extended to September 2, 2016. The fixed rate offered is 34.5 cents per KwH for 19.5 years.

BCEC has also executed a 20 year roof use license agreement with the Toronto District School Board (TDSB) to install, maintain and collect income from the solar array.