THE DECEPTION OF PARITY: PREMIER'S CLAIM BUSTED
Guest Post by PlanetNL PlanetNL10 � Atlantic Canada Energy Rates � the Deception of Parity Where Muskrat Falls is concerned, the Government, regardless of party, has a clear track record of getting the facts wrong. The trend continues as we transition toward the operations and cost recovery phase of project. The latest misguided gem � being relied upon by NL Hydro at the General Rate Application hearings last week � is Premier Dwight Ball�s stated rate target of 18 c/KWh for residential rates. The Premier defends this as being comparable to expected rates in the other Atlantic Canadian provinces. It doesn�t take much research and insight to demonstrate that the Premier couldn�t be more wrong on this issue. �.. Let�s go through each province one at a time. Prince Edward Island The PEI market has developed over 25% on-island wind-generated supply (second only to Denmark in this measure) to displace on-island thermal generation while the balance of electricity i...