In December 2024, a new mandate was introduced, requiring all strata across British Columbia (BC) to have a power assessment plan in place by the end of December 2026. This plan applies to buildings with more than five strata units. In this blog, we will delve into the details of the power assessment plan and its significance for strata owners and managers.
The Three Key Components of sTRATA Assessment plan
BC Hydro 12-Month History
As part of the power assessment plan, a thorough analysis of the BC Hydro 12-month history is conducted. This assessment allows us to understand the historical electricity usage patterns of your building. By analyzing this data, we can gain valuable insights into your power consumption and identify any areas that require optimization.
Electrical Code Demand Calculation
Another crucial aspect of the plan is the electrical code demand calculation. This calculation provides an estimate of the electrical load required by your building. By comparing this calculation with the actual usage data, we can identify any discrepancies and ensure that your building is adequately equipped to handle future electrical demands.
Power Logger: Real-Time Data Analysis
In addition to the BC Hydro history and the electrical code demand calculation, we offer an optional third component known as a power logger. The power logger is a device that is installed onto your electrical service for two weeks. During this period, it captures real-time data on your electricity usage. This data can then be compared with the historical data and the electrical code demand calculation to provide you with accurate information for your strata assessment plan.
Benefits of strata POWER assessment plan
Real-Time Insights and Planning
The primary advantage of opting for the power assessment plan is the ability to access real-time data about your electrical service. By installing the power logger for two weeks, you gain a comprehensive understanding of your building’s power consumption. This information can be utilized for various purposes, such as planning for future electric vehicles (EV) or heating and cooling loads. Additionally, this data can be shared with engineers for electrical drawings or submitted to the city when applying for permits.
Rebates for EV Ready Plan
If you decide to pursue the EV-ready plan, you may be eligible for rebates of up to $3,000. This plan includes the power assessment components without the power logger device. By availing this plan, you can make your building EV-ready, ensuring that you have the necessary infrastructure to accommodate electric vehicles.
Understand the Cost Comparison: Power Assessment PLAN vs. EV Ready Plan
For Strata’s opting for the power assessment plan without the power logger, the cost is approximately $2,400. In this case, the strata would be responsible for the full payment of the plan. However, a government rebate of $1,650 can be claimed, providing some financial relief.
If you choose to include the power logger and have a third comparison in your plan, the cost would be approximately $3,400. However, with this enhanced plan, you would be eligible for a rebate of $2,250, making it a viable option for those seeking more comprehensive data and analysis.
Additional Fee for Strata Assessment Document by MJR Electric
To comply with the strata assessment, and acquire requirements, an additional fee of $500 is added to both the power assessment and EV-ready plans by MJR Electric. This fee covers the creation of a document that meets the necessary criteria and can be provided to your strata by the end of December 2026.
Why Power Assessment Plan for Strata Property Regulation?
In summary, the power assessment plan is an essential requirement for strata owners and managers across BC. It provides valuable insights into power consumption, ensures future readiness for electric vehicles, and enables accurate planning for heating, cooling, and electrical loads. By considering the various options available and the associated rebates, stratas can make informed decisions to meet the December 2026 deadline effectively. Contact us today to get started with your power assessment plan and secure a sustainable and efficient future for your strata building.
Why MJR Electric – YOUR LOCAL ELECTRICAL CONTRACTOR IN VANCOUVER for Your POWER Assessment Plan?
Choosing the right electrician for your power assessment plan is crucial, and MJR Electric is the ideal choice. With their expertise, experience, and knowledge of local regulations, MJR Electric provides comprehensive power assessment services tailored to your needs. Their exceptional reputation, reliability, and commitment to customer satisfaction ensure a smooth and successful power assessment process. From analyzing BC Hydro’s history to creating strata assessment documents, MJR Electric offers comprehensive services, ensuring compliance with the Strata Property Amendment Act.
Don’t miss the December 2026 deadline – contact MJR Electric today to start your power assessment journey and secure a sustainable and efficient future for your strata building.