- January 04, 2013 - 08:52
It appears to me (I could be wrong) that if I, and the majority of Newfoundlanders and Labradorians decide to reduce our consumption of electricity by, say 20% in the future, Nalcor will just hike the rates so as to ensure the cash flow is available to pay for this project. Am I missing something?
- a business man
- January 04, 2013 - 17:13
I am not sure to the official answer to your questions, but as a taxpayer and voter, I would be okay with NALCOR simply hiking the rates to ensure cash flow in the even of decreased energy consumption. I support MF no matter the cost.
- January 03, 2013 - 17:55
We have been taken advantage of by our own. Why isn't there reporting on all the untendered contracts.
- a business man
- January 04, 2013 - 17:15
Good question. If I were against MF, I would certainly be asking the question. But since I am 100% pro-MF, I am not asking. There is no benefit to me digging into decisions that support my interests. Besides, there are more important things like the NFL playoffs.
- January 03, 2013 - 15:34
Would you like some cheese with ur "Whine"?! Everyone knows demockracy is our past and our present and future.
- Cold Future
- January 03, 2013 - 10:39
The magnitude of the stupidity of this project will take some time to seep out and become cold reality to the majority of Newfoundlanders.That is the nature of a project which is the equivalent of 1000 Sprung Greenhouses. But hey, its will only cost an average of an additional electricity bill of $2000 per year per ratepayer and we will have saved an average of $40 per year per ratepayer because of the federal loan guarantee and we will have the great satisfaction of knowing that we went around Quebec. What a deal, what a legacy!
- January 03, 2013 - 09:08
Don't worry, John Smith will soon log in and tell us not to worry and how this is such a wonderful project.
- January 03, 2013 - 12:55
John Smith is an alias name. He is hiding behind his true idenity. I suspect he is a lifetime partner of a cabinet minister. But he is hiding just like Bill 29 Secrecy
- January 03, 2013 - 08:55
Time to get of the rock while i can still afford it
- Maurice E. Adams
- January 03, 2013 - 07:26
And Nalcor's "take or pay" contract requires that if we use less power because of that conservation, then your rates GO UP -- because Nalcor MUST HAVE, by law, the same revenue to pay the debt. .... And that renewable energy industry? No one other than Nalcor is now permitted by new legislation to develop, supply and distribute power, even cheaper power ---- industries cannot even do so for their own use.
- January 03, 2013 - 12:29
I still have to wonder is it even legal for the Gov't to pass such a law that bars anyone else from producing electricity in this province . Would like to hear from the legal side about this .