Converting from natural gas to electricity is too costly for BC restaurants

The recent report by @pacificsolutionscontracting commissioned by the @bcrfa and the BC Coalition for Affordable Dependable Energy, shows that the cost could be upwards of $800,000 for an existing restaurant to convert to electricity from natural gas. This number includes all aspects of the process from hiring the experts required, new equipment, renovations, and installations, plus the revenue lost during the business interruption while all that is taking place.

The BCRFA is asking municipal governments to take this evaluation seriously and put the brakes on the zero carbon step code regulations that would ban the use of natural gas in new buildings ahead of provincial 2030 targets. Not only does this seriously question the economic impact on restaurants, but the feasibility of the proposal itself. Restaurants in 2024 do not have $800K sitting around in the bank; quite the opposite in fact. 

Rising Tide Consultants support our friends at the BCRFA, calling for a common-sense approach to energy which includes electricity, natural gas and renewable natural gas. 

For the full article: https://www.biv.com/news/hospitality-marketing-tourism/bc-restaurants-could-not-afford-natural-gas-ban-report-8892145