Tuesday, October 4, 2011

Accounting And Ontario's Electricity System: A Farce

"So we paid $20 to export MWh's we paid around $60 for. We usually only get $30 anyway. The running 12-month total on that difference is about $500 million.

Se we paid $20 to export MWh's for wind production we paid about $135/MWh anyway. That loss, when selling it under $40/MWh, is averaging about $1 million a day anyway - $2.4 million isn't that exceptional."


No comments:

Post a Comment

Please feel free to leave a comment, especially if you wish to share your own horror story. If you wish to get involved in the class action suit please contact me directly at jrwakefield@mcswiz.com put Class Action Suit in the subject please.