City of Surrey's 2021 - 2025 Financial Plan

SURREY CITY ENERGY

PERFORMANCE MEASURES The following table identifies key performance measures that will assist the utility in tracking its progress and monitoring its contribution to building a sustainable Surrey. The performance measures chosen are strongly influenced by the state of the real estate market as growth of the utility will occur in step with new high-density development. District energy must be viewed as a long-term investment and it is difficult to evaluate its performance over a 5 year time-frame. The table below includes the projected performance of the City Centre District Energy System.

Budget

Performance Measures (Sustainability Theme)

Actual 2020

Budget 2020

Division

2021

2022

2023

2024

2025

Connected Floor Area (m 2 ) (Built Environment)

255,170 255,000 368,390 505,737 623,369 822,721 947,648

Surrey City Energy Utility

Ratio of hours in service to total hours since operating commenced (Built Environment)

100%

100%

100%

100% 100% 100%

100%

The district energy system interfaces indirectly via heat exchangers to address residents’ complete heating needs, including: domestic hot water for showers, dishwashers, sinks,

laundry; and, space heating for individual suites and common areas. District heating is thermal energy and is different from electricity.

City of Surrey | 2021—2025 Financial Plan | Utilities Operating Fund | Surrey City Energy

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