Lonsdale Energy Corporation or LEC is a wholly owned city of North Vancouver corporation working in partnership with Terasen Utility Services to deliver energy services to the Lower Lonsdale area of North Vancouver since 2003.[1] It has received $8 million in government and private sector funding. Green Municipal Funds, endowed by the Government of Canada and administered by the Federation of Canadian Municipalities, support the project with a $2 million low-interest loan and a $2 million grant. Terasen Utility Services and the municipality are each providing $2 million.
The district energy system will produce hot water at a series of mini-plants within Lower Lonsdaleand then distribute the hot water energy through underground pipes to buildings connected to thesystem. Once used in the connected buildings, the water is returned to a mini-plant, reheated andcirculated back to the connected buildings.