Frequently Asked Questions

Who can claim the GEC?
  1. Residential building owners with more than 4 dwellings units and at least one electric vehicle charger.
  2. Charger owners who are able to provide electricity usage data from their chargers.
  3. The organization that provides the electricity to the chargers and pays the electric bill to BC Hydro.
How are GEC created?
  1. Credits are calculated by using a complicated Government formula using the amount of kWh used in each EV charger per year.
Why do companies buy GEC?
  1. Companies that wish to offset their carbon emission will purchase GEC.
How much is each credit?
  1. The value of each credit varies and it is dependent on the credit market’s supply and demand.