WHY ARE POWER PRICES SO DARN HIGH? in Alberta

[AlbertaFarmer5]

Several experts from the University of Calgary and Alberta have indicated renewables increase supply and help keep prices down. They have never said that renewables are increasing the cost of electricity in Alberta. The biggest cost is due to utilities withholding supply and charging more. What more evidence do you need?

I think we have previously discussed what would constitute evidence of renewables not resulting in higher electricity costs. That would be finding even a single example of renewables resulting in cheaper cost to consumers. Not theoretical models, but real world examples.
If such evidence existed, I am confident that you would have presented it by now.

[Hamloc]

You sounds quite confident. Does that mean you have found some evidence to prove me wrong? Evidence of solar and wind not resulting in drastically higher prices for the consumer, anywhere in the world?

Transalta states that most of it profits will come from renewables in the future. I thought Chuck2’s problem was that power generators were making too much money off the back of the consumer because government wasn’t regulating power rates! So in Chuck2’s world it is ok to make profits off of renewables but not off of natural gas generated electricity!

[Hamloc]

One other thought. Transalta feels the cost of carbon is going to continue to increase over time. What if Trudeau and Guilbeault no longer have a job after the next election and Poilievre “axes the tax”? No doubt a part of the renewable profit picture is carbon credits, will they still exist under Poilievre?

[Guest]

I noticed Pierre is talking about axing the liberal tax increase now ,not axing the tax ?

[chuckChuck]

I noticed Pierre is talking about axing the liberal tax increase now ,not axing the tax ?

Yes and if he cuts the full carbon tax and prices don't drop significantly or go up because of higher oil prices anyway and then consumers don't get their climate rebate cheques they are not going to be very happy when they come out of it all with less money.

For all their bitching Alberta and Saskatchewan have their own carbon tax system on large emitters. So is Saskatchewan going to help everyone out by also cutting their PST on everything and fuel tax? No way! How do you spell hippo crits?

[chuckChuck]

One other thought. Transalta feels the cost of carbon is going to continue to increase over time. What if Trudeau and Guilbeault no longer have a job after the next election and Poilievre “axes the tax”? No doubt a part of the renewable profit picture is carbon credits, will they still exist under Poilievre?

Transalta looks at the long term which means beyond Crypto's reign. A week is a long time in politics. So don't count your chickens before they hatch.

Crypto has never been good at defending his policies. He doesn't like to answer hard questions, hides from the press and dismisses the media with a snarl. Qualities that don't play well as Prime Minister.

[wmoebis]

They can Axe the Tax or cut the cost of power and gas all they want but Corps will just find a way to increase distribution and Fees that will absorb any savings. Has anyone got the figures on how much these companies are making on all the other fees above and beyond actual consumption use?