Aug 2016 – Feb 2021
Midgard was retained by Boralex Inc. to prepare an Ocean Falls Hydro cost of service revenue requirement application for filing with the BC Utilities Commission. The application is underpinned by a comprehensive model of the capital and operating costs associated with the generation and distribution systems comprising Boralex’s Ocean Falls utility, which was jointly developed by Midgard and Boralex.
The cost of service revenue requirement application was filed with the BC Utilities Commission in September 2019 and the associated regulatory proceeding concluded in early 2021.
Prior to the rate application, Midgard was retained by Boralex Inc. to Develop a comprehensive operations and maintenance budget to ensure that the Ocean Falls facility can continue to operate safely and reliably for several more decades.