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New Sicamous bio-heat facility generates over $24K in 3 months

Facility went online in October with 2 industrial park users
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The Sicamous Community Bio-Heat Facility generated $24,364 of revenue in its first three months of operation. After expenses, the remaining $8,675 was transferred to reserve. (DOS photo)

Sicamous91裸聊视频 new bio-heat facility that provides alternative energy to the industrial park is already turning a profit after just three months in operation.

Reporting to the district91裸聊视频檚 Select Finance Committee on Feb. 28, chief financial officer Bianca Colonna said two connections currently using the system generated $24,364 in revenue. Based on the 2023 numbers, she also provided a budget for the first three months of 2024, taking the initial learning curve for users into account.

With the system turned off between March and October, Colonna estimated revenue for the six months of operation this year at $38,250.

Those figures are, however, before expenses that include insurance, contracted services, materials (wood chips) and propane for backup. At $15,689 for 2023, that left a net revenue of $8,675 that was transferred to reserve. For the 2024 budget, Colonna anticipates $25,888 in costs and $12,362 going into reserve.

Of the expenses, she added that actual labour isn91裸聊视频檛 that costly.

91裸聊视频淚t91裸聊视频檚 coordinating the wood chips and the operation with PW [public works],91裸聊视频 she said. 91裸聊视频淏ut it doesn91裸聊视频檛 take a lot of time, it91裸聊视频檚 mostly just making sure the wood chipper is full91裸聊视频 it91裸聊视频檚 a pretty self-sufficient system at this point.91裸聊视频

The biggest cost is the wood chips at $12,326. The district currently pays a flat rate of $120 per tonne, and Colonna expects that rate to remain pretty consistent going forward, but has projected an annual two per cent increase on costs.

91裸聊视频淚 see communities that are harvesting slash, some of their trees and treetops91裸聊视频 and turning them into chips,91裸聊视频 Coun. Pam Beech commented. 91裸聊视频淪o I would just like to express the need for us to be really open to finding ways of sourcing and getting our own source up and running, because it would be good in so many ways. So I just want to keep that open as part of the discussion.91裸聊视频

The committee received the report for information.

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About the Author: Heather Black

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