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Showing posts with label Hydro rates in NL. Show all posts
Showing posts with label Hydro rates in NL. Show all posts

Thursday, 23 August 2018

BUSTING THE PREMIER'S NUMBERS AGAIN

Guest Post by PlanetNL
PlanetNL13: Busting the Premier’s Numbers Again
In PlanetNL12, an analysis of Government’s secretive two-tier declining rate scheme calculated the impact on three types of electricity customers.  The unfairness of such a rate scheme was made clear: the less electricity you use, the more steeply your Government wants you to pay for Muskrat.  This approach will tend to hit the many poor and working-class who struggle to pay their bills especially hard.  Meanwhile at the other end of the spectrum, the few who tend to have large high-energy homes will be pleased with little difference they’ll find on their power bill.

How did Government and Nalcor keep this unexpected twist of rate design?  Well, they simply didn’t want to tell us and for about two years they carefully misled us.