The pepcos meter box has long been an issue for consumers in Canada, particularly in the western provinces of Alberta and Saskatchewan, where the meter box repair industry has exploded in recent years.
In Ontario, a $5-million program announced this summer to help the industry is helping.
But for the first time, pecans are getting a second chance in the peco-metering industry, with a new meter box replacement program coming to B.C.
The new service will cover the two largest metering markets in B.L., Ontario and B.S. The Ontario Metering Assistance Program will offer a $3-million loan to a private company to install a new pecano meter box and replace existing meters.
The B.K. Energy Corporation will make the new meter boxes available to customers in the three provinces.
The province is also making a pilot project to extend the loan to residential customers who had previously had meter boxes.
The Ontario Meter Assistance Program was launched in June 2015 to help small businesses in Ontario and other areas.
The province has spent $11 million on the program so far.
The goal is to provide $50 million in annual funding by 2020.
But the program is not without its challenges.
It’s difficult to accurately measure the effectiveness of the loan.
The loans must be repaid in full, and the government has not set a target for how many loans will be made over a 10-year period.
And some small businesses, particularly those that have been in the market for more than a year, may be left out of the program.
“There are some very small businesses that are actually out of luck, that are left out in the cold,” said Peter Macdonald, executive director of the Ontario Meters Association.
“We’re hoping that this program will help them get a loan.”
Ontario is working to address these challenges.
The government recently announced a $4-million pilot project, and it’s also offering a $2-million, five-year loan to help cover the costs of installing new meters and other maintenance work to the Ontario Energy Board.
“Ontario Energy Board is pleased to announce that it is committing $3.5 million over five years to support the province’s nascent pecanchamping program,” said Doug Porter, minister of economic development.
“The province’s peco meter program will provide a new and affordable means for Ontario businesses to receive a loan for the installation of their own meters.
In addition, the government will invest up to $6 million to upgrade the province and industry’s capacity to meet the growing demand for energy.”
In B.F., the Ministry of Energy and Mines is also providing $4.5- million in support to the industry.
The ministry is also encouraging consumers to contact their electricity suppliers if they have meters they want replaced.
The government also announced last year that it was funding $1.5 billion over five months to help businesses buy more energy-efficient meters and equipment.
“Energy efficiency is an important priority for our communities,” said Energy Minister Bob Chiarelli.
“In Bountiful, B.T. and the Greater Vancouver area, the industry has seen an exponential growth in demand and a rapid rise in the cost of energy over the past several years.”
For many people in the energy-efficiency business, the new loan program has provided a chance to secure a loan.
But some say the pecancas meter box is a relic of the past.
“I’m not buying the idea that we should just give them money,” said Jeff MacMillan, a business consultant in Vancouver.
“That’s not what we should be doing.
We should be encouraging businesses to install their own meter boxes, but we should also be encouraging people to keep their meters.”
If you have a question about the pecos meter, email us at [email protected]