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Alberta’s electricity runs close to 9000 megawatts of generation.
If there is an increase of 1 cent anywhere in the system, it means a 90,000 dollars exchange in every hour.
That is 2.16 million dollars a day that some one gains and some one looses.
A 1 cent increase in the power rate means 10 dollars increase in your power bill based on a 1000 kwh consumption.
This makes it easy for power companies to increase their rates. Ater all, who reads their light bill?
A One cent increases are impossibly high and there is no protection from this Government as they have no say over "contracts" Some scam!
John Clark
john.cyberish@gmail.com
Calgary's news is right wing to extreme and they fail to put forward a balanced picture and refuse to do any meaningful research into their subjects. To this end I will offer up details of the news of interest to Calgary and Southern Alberta.
