EPR vs Depreciation Report — Fraser Valley Strata

What this means for Fraser Valley strata councils

This guide covers epr vs depreciation report for strata corporations across Fraser Valley. The requirements are province-wide, but two things are local to your council — the deadline you are working toward and the kind of building you manage.

The Fraser Valley Regional District covers Abbotsford, Chilliwack, Mission, Hope, and the surrounding rural communities. Strata stock here is townhouse-dominant with low-rise wood-frame condo developments through the urban cores, plus growing mid-rise concrete development around Highstreet and central Abbotsford.

Electrical Planning Report (EPR): due December 31, 2026 for Fraser Valley stratas of five or more lots, under the Strata Property Act.
Depreciation Report: due July 1, 2026 if the strata has never had a report or its most recent report predates December 31, 2020.

The full guide

Two different statutory reports come due for BC strata corporations within a couple of years of each other, and councils routinely mix them up. They answer different questions.

The Electrical Planning Report answers a capacity question

The EPR is about electricity: how much load the building's electrical service can carry, what is constraining it, and what electrification (EV charging, heat pumps, electric hot water) will require. It is due by December 31, 2026 for stratas in Metro Vancouver, the Fraser Valley, and the Capital Regional District, and by December 31, 2028 elsewhere in BC.

The Depreciation Report answers a financial question

The Depreciation Report projects the cost of repairing and replacing common property and assets over a 30-year horizon and translates that into a contingency reserve fund plan. It is due by July 1, 2026 (Metro Vancouver / Fraser Valley / Capital Regional District) or July 1, 2027 (rest of BC) for stratas that have never had one or whose most recent report predates December 31, 2020, then renews on a five-year cycle.

Why they belong together

The two reports share inputs. The electrical service condition and the capital-renewal picture that an EPR surfaces feed directly into a credible Depreciation Report — an electrical upgrade the EPR recommends is exactly the kind of future cost a reserve fund needs to anticipate. Commissioning both together keeps a building's electrical and financial planning consistent and avoids duplicate site work.

Same Qualified Persons

Both reports are prepared by a Qualified Person under BC strata law. For an EPR that is a P.Eng, P.L.Eng., AScT, or Certified Technician (Part 3 buildings) or a Master Electrician (Part 9 buildings); a Depreciation Report uses the same P.Eng, P.L.Eng., AScT, or Certified Technician credentials. CF Electrical Services prepares both.

Next steps for Fraser Valley councils

When your council is ready to act, CF Electrical Services prepares Electrical Planning Reports, EV Ready Plans, and Depreciation Reports for stratas across Fraser Valley — each signed and sealed by the credential the regulation calls for, and each written in plain language for the council and owners who have to use it.

See all Fraser Valley strata services, or browse the full guide library.

Written by CF Electrical Services — BC strata electrical consulting (Electrical Planning Reports, EV Ready Plans, and Depreciation Reports). Published June 4, 2026.

EPR vs Depreciation Report — Fraser Valley FAQs

What are the EPR and Depreciation Report deadlines for Fraser Valley stratas?

Strata corporations across Fraser Valley of five or more lots must have a current Electrical Planning Report by December 31, 2026 under the Strata Property Act. The Depreciation Report deadline is July 1, 2026 for stratas that have never had one or whose most recent report predates December 31, 2020.

Can the EPR and Depreciation Report be combined?

Yes. The two reports share site inspections and data inputs, so commissioning them together is faster and less disruptive than running two separate engagements.

Is the Depreciation Report the same as the Electrical Planning Report?

No. The EPR assesses electrical capacity and future electrification; the Depreciation Report projects 30-year repair and replacement costs for the contingency reserve fund. They are separate statutory requirements with separate deadlines.

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