GOVERNMENT ENERGY POLICY AND
ELECTRICITY GENERATION COSTS
Would the Minister of Energy acknowledge that the government's energy plan and the government's energy policies are going to cost taxpayers dramatically now and in the next few years?
Mr. Speaker: The Leader of the Opposition has a supplemental.
A. Dix: Well, the minister…. You know, maybe in a 1970s British sitcom it makes sense to buy power at $60 to $100 and sell it at 20 cents to $17.60, but it certainly doesn't make sense for the people of British Columbia. The government's policies are costing taxpayers — according to Marvin Shaffer, $1.28 billion over the next four years. That's the cost of them overpaying for power.
Can the minister at least explain, can he suggest, or can he confirm one way or another, whether B.C. Hydro will be spilling power over the dams, spilling water over the dams, without generating electricity?
Hon. R. Coleman: You know, there are year-over-year fluctuations of water. I know that he isn't aware of that maybe, necessarily, or knows that sometimes it affects one year versus another.
Hansard, May 14, 2012
Be sure to read my Sunday piece: Taxpayers carry financial risks for IPPs
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