To the editor:
In the April 16 edition of the Free Press (p. B 5) MLA Donna Barnett is is quoted as saying the “Site C dam supply will meet just 22 per cent of expected load growth.”
Where would the supply come from for the remaining 78 per cent of the projected load demand increase?
The projected cost of Site C is about $9 billion, although costs for major projects always seem to grow beyond projections.
This huge amount of money would presumably be for only 22 per cent of projected demand growth.
Where would we get the money for the remaining 78 per cent of demand growth?
This article also quotes a report stating the huge initial losses from Site C, “will be more than made up in lower future rates.”
Is this a joke? Our hydro rates are going to rise every year indefinitely – $56 billion for IPP power contracts has to be paid for somehow.
100 Mile House