The introduction of competition in the retail supply of electricity in British Columbia: Lessons from other jurisdictions

A number of jurisdictions around the world have introduced competition, at the retail level, into their electricity supply industries. This paper examines the issues that may influence, or be influenced by, such an industry restructuring in British Columbia. In order to present a complete analysis, the structure and characteristics of the British Columbia electricity industry are discussed in the context of a possible restructuring. Then, the key issues for policy makers to consider are described, including stakeholder interests, costs, availability an d quality of supply, and environmental impacts. The examination of three case studies leads to the conclusion that electricity reform can be successfully implemented, however, the development and implementation need to be carefully and methodically carried out. To this end, an action plan, consisting of 14 specific action items, is presented. These action items cover four distinct stages, namely; design, legislate and motivate, implement, and monitor and enforce.