November 26, 2015


-10° C, A few clouds

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Bipole may face delay

Boom in U.S. gas hurts value of province's electricity: PUB

In his words

"If the construction of a natural gas generation plant of sufficient size can be found to provide a higher net present value than Manitoba Hydro's current preferred development plan (Bipole III, Keeyask and Conawapa), then ratepayers should be made aware of this opportunity."

"If an economic case can be made for the deferral of Bipole III, Manitoba ratepayers would be the beneficiaries of lower electricity rates, as 100 per cent of Bipole III's costs (not only the capital costs, but also the finance and operating costs associated with it) will, under Manitoba Hydro's cost allocation, be borne by Manitoba Hydro's domestic consumers."

-- Public Utilities Board chairman Graham Lane

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