Canadian Electrical Industry News Week

BC Hydro

Would you own an electric vehicle if it didn't cost an arm and a leg to buy? Well, depending on the type of car you're looking for, the math on total ownership costs is starting to point toward cost parity between full electric and gas-powered vehicles.

Last year, a study by Bloomberg New Energy Finance predicted that electric cars in the U.S. could be cheaper than gas cars by 2025. But another study released later last year, published in the journal Applied Energy, concluded that when all major costs are factored in (including purchase cost, depreciation and maintenance) electric cars are already cheaper than gas cars in the United Kingdom, Japan, Texas and California.

The truth is that electric vehicle ownership costs vary widely from region to region, in large part thanks to big gaps in gas/electricity costs and the availability of electric vehicle subsidies. But even here in B.C., where gas costs are much lower than in the UK or Japan, electric vehicles are getting much more appealing to the cost-conscious buyer.

The Canadian Automobile Association (CAA) has a popular online cost calculator that tries to sum up the difference in costs between gas vehicles and EVs. Here's what the calculator says about a comparison between the gas-powered 2017 Toyota Camry LE and the 2017 Chevy Bolt electric.

Based on 20,000 km of driving a year over five years, the CAA calculator estimates total cost of ownership for the Camry LE at $7,802 a year, compared to $9,769 a year for the Bolt.

The big factor in CAA's calculation is depreciation cost, which it estimates at $7,236 a year for the Bolt, to just $3,588 for the Camry. The Bolt is the big winner in annual fuel cost ($416 vs. the Camry's $2,135), and for those who make carbon emissions a priority, just 1,469 kg of greenhouse gases over five years, versus the Camry's 19,123 kg).

EV depreciation costs are difficult to estimate. CAA states that EV depreciation could change significantly in the coming years; for now, their estimates are based on "factors including the perception that technology is new and untested, low demand and government rebates artificially lowering the rate."

What does that depreciation mean to the would-be EV buyer? On the one hand, it's tempting to buy new and take advantage of B.C.'s up-to-$5,000 rebate that's only available for new electric vehicles. But for those not hung up on buying new, the used EV market can offer some enticing deals because of that depreciation, plus there's a $3,000 Scrap-it program subsidy when buyers of qualifying used EVs scrap their old gas guzzler.

For the complete article see: https://www.bchydro.com/news/conservation/2018/electric-car-costs-bc.html

 Electrician Forum Brought to You by Schneider Electric             

The Electrician Forum is a monthly column that provides valuable information to electricians and electrical contractors on current industry trends and concerns. 

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In this issue: 

Owning your own business is something many of us have dreamt of doing. Who wouldn’t want to be their own boss? It is a valid question that many entering the electrical trade consider. However, dreams tend to create an image that doesn’t always suit reality. Surviving in the residential electrical market involves a lot of out of the box thinking and as we have said and can’t stress enough, hard work. To gain insight into the various challenges faced by small electrical contractors EIN sat down with Steve Beeby, Master Electrician, and owner/operator of Beehive Electric, as small residential electrical contracting company based in Elmvale, Ontario.

read more...

Watch a portion of the interview conducted by Electrical Industry Canada with Steve Beeby of Beehive Electric

 

CSA

Now in its 24th edition, the 2018 Canadian Electrical Code, Part I includes a number of significant updates and changes to better help electrical workers in the safe maintenance of electrical equipment and create safer electrical installations.

This edition features important revisions to many sections. For example, Section 26 now mandates the use of tamper-resistant receptacles in additional areas where children may be present. Section 62 now requires ground fault circuit interrupter protection for heating devices and controls in proximity to tubs, sinks, and shower stalls. Section 10 has been updated, reorganized, and significantly reduced in length.

 Read more...

 



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In 2013 Sean responded to Typhoon Haiyan in the Philippines. In 2014 Sean spent almost a month in Kenema, Sierra Leone working at the Ebola Treatment Centre. There he was responsible for ensuring electricity and clean water were available, and worked to strengthen the infrastructure of the facility. 

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