In-Sights: Pants on fire

Before the last election, Premier Clark justified BC Hydro rate increases as a “common sense decision” that would enable the private/public utility to pay off the billions in its deferred accounts.”People are struggling, it’s a tough economy, and hydro…

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In-Sights: Takin’ Care of Business

These charts demonstrate that rewarding influential friends is a prime BC Liberal purpose. Despite a decade of flat…

Posted by Norman Farrell on Friday, January 1, 2016

So, if demand for electricity is flat, even declining, why is BC Hydro, each year, paying hundreds of millions of dollars more for power from independent power producers? Without domestic demand growth, increased purchases from IPPs results in shutting down existing BC Hydro generating capacity. Yes, that’s the cheap power we could be enjoying today.

Note: The figures shown shown here are extracted from BC Hydro’s annual and quarterly reports.

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