Company Overview

BC Hydro provides high-value, reliable power to fuel economic growth in British Columbia. As one of the largest electric utilities in Canada, BC Hydro serves more than 1.6 million customers in an area containing over 94 per cent of British Columbias population. BC Hydro endeavours to provide energy solutions to its customers in an environmentally and socially responsible way by balancing British Columbians energy needs with the concerns of the environment. Through the efficient and reliable supply of electricity, BC Hydro supports the development of British Columbia and has constructed a world-class integrated hydroelectric system of close to 11, 500 megawatts of generating capacity over 87% of which is hydroelectric. Due to this efficient, reliable system, British Columbians enjoy some of the lowest electricity rates in the world.

BC Hydros primary business activities are the generation and distribution of electricity. Transmission of that electricity is facilitated by the BC Transmission Corporation on behalf of BC Hydro and other power providers in B. C. Between 43, 000 and 54, 000 gigawatt-hours of electricity is generated annually from 32 hydroelectric facilities, 2 gas-fired thermal power plants and 2 combustion turbine stations.

Electricity is delivered safely and dependably to customers through an interconnected system of over 72, 000 kilometres of publicly owned transmission and distribution lines. Through its wholly owned power marketing subsidiary, Powerex, BC Hydro is extensively involved in energy trade outside the province. Powerex has grown to be a leading marketer of wholesale energy products and services in western Canada and the western United States, and is a growing niche player in other markets in North America.

Building on past successes, BC Hydro is positioning itself to continue to successfully deliver value to the Rate Payer and Shareholder under a variety of economic, market and restructuring scenarios. The British Columbia Energy Policy will undoubtedly affect BC Hydros role in the domestic market and the broader North American energy sector. The company is, however, confident that current major initiatives will enable continued performance across all three measures of sustainability: economic, social, and environmental BC Hydros 'Triple Bottom Line'. BC Hydro is pursuing a number of major initiatives targeting the delivery of integrated energy solutions to customers in an environmentally and socially responsible manner as a competitive commercial Crown corporation.

Company Information

Additional Details

Legal Name: BC Hydro

Contacts

Services

• Electric Utility

NAICS Categories

• 221122 Electric Power Distribution

Additional Information