Calgary is a city in the province of Alberta, Canada. In the 2011 census, the City of Calgary had a population of 1,096,833 and a metropolitan population of 1,214,839, making it the largest city in Alberta, and the third-largest municipality and fifth-largest census metropolitan area (CMA) in Canada. |
The economy of Calgary includes activity in the energy, financial services, film and television, transportation and logistics, technology, manufacturing, aerospace, health and wellness, retail, and tourism sectors. The Calgary CMA is home to the second-highest number of corporate head offices in Canada among the country's 800 largest corporations.
Calgary has long been considered one of the best cities in Canada to live. In the past 10 years, the strength of the area's oil and gas economy have created a great environment for lifestyle and real estate investment, an inclination analysts expect will continue as the price of oil recovers.
The total value of Calgary's 2015 residential property assessment roll is $213 billion and is based on approximately 461,700 homes and residential condominiums in the city.
Home buyers in Calgary, however, need to assess the condition of the electrical wiring and the panels when buying a home in Calgary. This assessment can be done by a residential electrical service and is necessary due to the fact that many homes have obsolete electrical panels that need either updating or replacement.
Residential electrical services in Calgary will take time to assess your present and future electrical needs and plan accordingly whether you are buying a new home, remodeling or renovating. A home with impeccable electric wiring will also have a better chance of selling at a high market price as electrical rewiring can often be a deal breaker. Electrical services in Calgary will also ensure that any upgrades or changes will follow the guidelines set by the local authorities and your utility company to be sure you select a panel that conforms to code and all local requirements as well as obtaining any legal documents such as permits that may be needed before any work is done or a sale is completed.
Upgrades in electrical panels may be necessary in older homes because of the increase in the demand of electricity as can be seen in the statistics of electrical usage in Canada. Since 1990, electricity demand in Canada has grown at an average annual rate of 1.2 percent. These increases in the electricity demand are due to factors such as population growth, economic growth and greater use of electrical appliances and equipment. Another factor that may affect demand is the weather. For instance, demand may be reduced during years with less extreme weather — milder winters lower electric heating requirements, and cooler summers lower electric cooling requirements.
In 2010, final electricity demand — excluding line losses and consumption by electricity generators — amounted to 497.5 billion kilowatt hours. The industrial sector accounts for the largest share of electricity demand. Residential and commercial-institutional sectors consume large quantities of electricity produced; these two sectors combined account for about 60 per cent of final electricity demand.
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