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February 18th, 2017, 11:57 AM
#71
Sell the Hydro to private corporation(s), set up a Public Utility Commission to police and set max hydro profits at 9-14% and never look back.
The PUC determines what the revenue rate for each Power Company should be for the value of their assets, equity financing , cost of debt, and administrating /operating expenses.
The PUC also looks at and approves a Corporation's power generating/supply plan to an area and only approves their entry into that area when their service, revenue and costs balance reasonable ROE and consumer affordability.
Get the government out of your lives at any and every opportunity as much as possible or at least to a manageable level of a handful of utility commissioners on a PUC.
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February 18th, 2017 11:57 AM
# ADS
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February 18th, 2017, 12:21 PM
#72
Originally Posted by
skypilot
Sell the Hydro to private corporation(s), set up a Public Utility Commission to police and set max hydro profits at 9-14% and never look back.
The PUC determines what the revenue rate for each Power Company should be for the value of their assets, equity financing , cost of debt, and administrating /operating expenses.
The PUC also looks at and approves a Corporation's power generating/supply plan to an area and only approves their entry into that area when their service, revenue and costs balance reasonable ROE and consumer affordability.
Get the government out of your lives at any and every opportunity as much as possible or at least to a manageable level of a handful of utility commissioners on a PUC.
i just can't trust this government to enter into contracts/arrangements with private companies. I see nothing but secret bribes and corruption coming of it. The last thing we need is another corrupt source of re-election funding for Wynne. She already has OPSEU and the teachers guaranteeing her campaign finances.
I’m suspicious of people who don't like dogs, but I trust a dog who doesn't like a person.
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February 18th, 2017, 01:43 PM
#73
Originally Posted by
terrym
i just can't trust this government to enter into contracts/arrangements with private companies. I see nothing but secret bribes and corruption coming of it. The last thing we need is another corrupt source of re-election funding for Wynne. She already has OPSEU and the teachers guaranteeing her campaign finances.
I can't argue with that Terry. When it gets as bad as the voters have allowed it to get here in Moronto, Bantario, it becomes a self fulfilling prophesy of self induced fornication.
Normally, a Federal oversight commission could repair the Prov. corruption wrt critical infrastructure but with PM Compulsive Spender in Ottawa, no realistic help there.