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BC LCFS/carbon credit FAQs

By: Hypercharge SupportLast reviewed

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What is the BC LCFS (carbon credit) program?

Section titled “What is the BC LCFS (carbon credit) program?”

The BC Low Carbon Fuel Standard (LCFS) program offers an opportunity for entities which provide alternative, low-carbon fuels (such as electricity for EV charging) to earn credits based on the amount of CO2 offset versus traditional fuels.

Hypercharge works with a partner to act as an aggregator between you and the provincial government to participate in this program and earn LCFS credits - also known as carbon credits - based on the carbon offset by the energy delivered by your charging stations in BC versus traditional fuels.

How do my charging sites generate revenue through this program?

Section titled “How do my charging sites generate revenue through this program?”

Your charging stations earn credits through the BC LCFS program by offsetting carbon that would have been generated by traditional fuels.

These credits are issued to Hypercharge annually, and then sold in an open market to net carbon emitters to offset their own emissions, which are penalized under the LCFS program. You earn revenue when Hypercharge sells the credits earned by your charging stations.

How much revenue will my charging sites generate through this program?

Section titled “How much revenue will my charging sites generate through this program?”

The value of LCFS/carbon credits is subject to market forces, and the timeline for Hypercharge to receive credits and subsequently sell them to generate revenue for you cannot be guaranteed. As a result, it’s not possible to place a precise eventual value on these credits.

For estimation purposes, it is easiest to think of the value of credits earned by EV charging as a credit per kWh of energy delivered. Based on 2025 credit prices, station owners participating in this program earn approximately $.06 to .08 per kWh of usage at their eligible stations.

Credit prices are set by the market and change from year to year, so use this as a rough guide rather than a forecast. Contact support@hypercharge.com for a current estimate.

When will I receive revenue generated through the LCFS/carbon credit program? How frequently will I be paid?

Section titled “When will I receive revenue generated through the LCFS/carbon credit program? How frequently will I be paid?”

The BC LCFS program is an annual program, with an application deadline on March 31st each year.

Applications are then processed by the province, with credits typically issued in the latter half of the following year. Credits earned over one calendar year are generally issued in the second half of the next.

As a result, Hypercharge issues carbon credit revenue to you on an annual basis once carbon credits have been received from the government and sold.

What are the eligibility requirements to participate in the BC LCFS program?

Section titled “What are the eligibility requirements to participate in the BC LCFS program?”

Most residential buildings with more than 5 units qualify for the BC LCFS program, as well as all workplaces and public charging locations.

For stations located at single-family homes or at residential buildings with less than 5 units, your eligibility may depend on the usage of your chargers (ex. if a commercial fleet vehicle is being charged at one of your chargers). Please contact us at support@hypercharge.com to discuss eligibility.

How do I sign up my sites for the BC carbon credit program?

Section titled “How do I sign up my sites for the BC carbon credit program?”

If you have one or more existing Hypercharge location in British Columbia, please contact your account representative or support@hypercharge.com to confirm your eligibility and receive a carbon credit agreement.

In addition to the agreement, you will need to provide:

  1. A utility bill from the year that you are applying to receive credits for, showing the legal entity name.

  2. One allocation agreement per legal entity as shown on the provided utility bills. This file is available for download below.

If you are interested in carbon credits for a future site, please note your interest with your account or onboarding representative, who can ensure you are signed up during the sales & onboarding process.

Who is Hypercharge’s aggregator partner in submitting LCFS credits to the provincial government?

Section titled “Who is Hypercharge’s aggregator partner in submitting LCFS credits to the provincial government?”

Hypercharge works with FuSE (https://www.usefuse.com/) to administer this program and provide guidance in navigating program requirements to maximize the value of your credits.

What is the advantage of working through Hypercharge to participate in this program?

Section titled “What is the advantage of working through Hypercharge to participate in this program?”

For most individi charging sites, the cost & effort required to meet the reporting requirements under the Low Carbon Fuels Act exceeds the potential value of the credits earned. In addition, some sites may not be eligible to participate in the program directly due to not meeting minimum reportable usage requirements.

Hypercharge acts as an aggregator across all of our sites, ensuring that all eligible stations in BC can participate regardless of usage, and minimizing the cost and effort required by you to participate in the program.

Our site signed up for carbon credits and has not received payment yet. What is the status of those payments?

Section titled “Our site signed up for carbon credits and has not received payment yet. What is the status of those payments?”

The BC government has historically been slow to mint the earned credits each year. We typically receive the credits approximately 9-12 months after the reporting period closes on March 31. At that point, the credits are sold a market price in order for a payment to be made to you, which typically takes 1-2 additional months.

This means that credits earned in 2026 will typically be delivered in mid-2027, for example.

Downloads

Section titled “Downloads”

BC Carbon Credit Allocation Agreement