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by eigart
248 days ago
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That is correct. The historical price for consumers is by my guesstimate $0.03-0.05 USD, now it’s at least double. Grid fees come on top of that. The anger is completely out of proportion, IMO, as the net effect is probably very positive. 1. Hydro is typically state owned and taxed at a very high rate 2. 50% of the price difference between markets is pocketed by the public grid operator (reducing grid fees) 3. We also import power when needed and typically at a net profit. |
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