Quote:
Originally Posted by DoubleK
Is this your opinion or are there some facts to back this up?
Show me one province in Canada that doesn't have extensive hydroelectric power, that regulation has benefited.
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What facts would you like? I'm not sure what you're asking. Maybe you're misreading my comment, deregulation has been a terrible idea right from the get go. It's not a commodity that should be put on the open market.
Facts that deregulation cost a pile of money? That's simple.
What are you getting at with Hydro?
The only province (and state) to deregulate is Pennsylvania, California and Alberta, none of which use any (substantial) amounts of hydro. Both California and Penn have re-regulated.
As far as benefiting BC was RAPING Alberta when we deregulated. They would shut off their dams and import power to their grid from Alberta at night when there were no price spikes, then open the hydro dams up during the day and feed back into Ab when the price was spiking. For well over a year we subsidized BC....I'd call that a "benefit"...to BC of course. It took a change in legislation to stop it.