Cranbrook Selected for BC Hydro’s Load Attraction Program
May 12, 2023
Cranbrook, BC (May 16, 2023) — The City of Cranbrook is thrilled to announce that it has partnered with BC Hydro to attract energy-intensive, industrial customers to the province. By working with BC Hydro, available industrial and aerospace properties will be promoted to businesses looking to establish sustainable operations in British Columbia.
“The City of Cranbrook is proud to work alongside BC Hydro to match new businesses to an aerospace or industrial site,” said Darren Brewer, Economic Development Officer at the City of Cranbrook. “We are providing exceptional investment opportunities and are dedicated to supporting emerging and government-supported industries including those in the aerospace, hydrogen and low carbon fuel production, clean technology, energy storage, advanced battery technology, and information and communications technology sectors.”
The B.C. government is committed to fostering innovation in the region. Close collaboration between the government and municipalities along with leading climate policies, critical infrastructure, and top talent all help companies to get established and grow. In addition, streamlined regulations make it easier to register a business and apply for permits and licenses.
“Cranbrook is an excellent location for companies looking to establish clean and sustainable operations in B.C.,” said Mike Matejka, Director and Engineering and Development Services at the City of Cranbrook. “We invite businesses to take advantage of this opportunity to reduce their carbon footprint and operational costs while building a low carbon business.”
With its focus on growing technology and innovation within the region, Cranbrook is the hub of the Kootenays and offers countless opportunities to invest in or expand operations within emerging and government-supported industries. By investing in B.C., companies can connect to a resilient and integrated grid, which helps to minimize operational downtime while powering with renewable energy.
BC Hydro is an integrated electric utility that offers favourable and competitive industrial rates. Together with specialized funding and incentives, B.C. is among the lowest cost jurisdictions in North America. With over 98% of the power generated from clean and renewable hydroelectricity, companies that invest in B.C. can achieve their ESG targets while enjoying the benefits of a stable economy and a welcoming government.
For more information on investment opportunities in Cranbrook, visit the City of Cranbrook website or contact the Economic Development office. www.choosecranbrook.ca
To learn more about BC Hydro’s discounted industrial rates, funding available to help your business electrify, or to search for available industrial sites, visit choose.bchydro.com
For more information, please contact:
Darren Brewer, Economic Development Officer
City of Cranbrook