Pricey power we simply cannot afford

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During last month’s rotating blackouts, then-premier Kathy Dunderdale stated that the situation showed we needed Muskrat Falls.

I disagree. What the cold spell showed was that we can’t afford Muskrat Falls.  

When the temperature is 30 per cent below normal for almost a month, your power bill will be much higher. As temperatures return to normal, so will your bill. Power is your consumption times the cost per kilowatt hour.

Now to Muskrat Falls: with ratepayers paying for 100 per cent of the cost of Muskrat Falls and the island link, along with the rate of return on equity and interest on the loans, it is almost certain that the cost per kilowatt hour will increase by 30 per cent and your power bill will increase accordingly, not just on a bad month but every month.

Nalcor has all the information they need to give us a cost, not on what kilowatt hours cost at Muskrat Falls, but on what will show up on my power bill in January 2018.

On my last bill it was 10.945 cents per kilowatt hour.  If the increase is less than 30 per cent, I apologize to Nalcor for my assumptions and I hope they correct me.

Gerry Goodman

St. John’s

Geographic location: Muskrat Falls

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Recent comments

  • NLer in ON
    February 05, 2014 - 17:08

    My fear for the wonderful residents of the province is that the costs of Muskrat Falls will be much higher than just higher electricity costs per kilowatt hour. Here in ON, for instance, the actual electricity costs, for which we pay a different rate depending on the time of the day, are only a small part of your overall monthly bill. We are also forced to pay delivery charges, regulatory charges and debt retirement charges and HST which usually account for more than 60% of your total electricity bill. An electricity bill of $67.00 of actual electricity used will result in a total bill of about $150 with all the additional charges.

  • Brian
    February 05, 2014 - 14:36

    Gerry, What a wonderfull comment...maybe you should turn off your power when it's minus 30 and you won't have an electricity bill to complain about. I on the other hand would like to be able to turn my heat on when it's minus 30...and I will be more than happy to pay my bill. Kathy wasn't talking about the cost of the power, just the fact that we need more power...of course we don't need more power if some people are willing to do without....are you volunteering?

    • just sayin
      February 07, 2014 - 12:34

      My electric bill is 250.00 for heat for a full year with a minisplit heat pump, 1000sq ft house.

  • FictionOrFact
    February 05, 2014 - 14:22

    Mr. Goodman, I point you to the "Power In Our Hands" website that will tell you exactly what Nalcor is forecasting your monthly power bill will be in 2018 (and beyond) based on what your bill is today. Go to http://powerinourhands.ca/bill-calculator.asp and I hope this tells you what you need to know.

    • Tony Rockel
      February 07, 2014 - 14:33

      Oh, right--- NALCOR--the ultimate source of all wisdom and truth! We all saw just how reliable they were in planning for last month's outages.