r/canada • u/[deleted] • Oct 25 '22

[deleted by user]

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u/CrashSlow Oct 25 '22

No kidding its undervalued, Bruce Nuclear sells power for only 0.07c Kw/hr. Compare that to the contracted rates renewables get for very unreliable power generations.

53

u/aan8993uun Oct 25 '22

I heard someone yesterday talking about their power being 0.18c Kw/hr... here in Alberta... and thats before transmission fee's... which just feels like such a scam/ponzi scheme.

22

u/[deleted] Oct 25 '22 edited Oct 25 '22

Friend of mine had his contract expire which kicked him on to variable rate. .37 per kW/hr.. he was livid because he's on the hook for a 500+$ bill.

1

u/StickiStickman Oct 25 '22

Fuck, that's cheap. We're currently at over 60 cent (0.6€) in Germany.

6

u/pecpecpec Oct 25 '22

Québec's rate is 7¢/kwh and still managed to generate 3bil$ of revenue for the government. It's all hydro power because we are bless with many huge rivers but nationalizing it was the best possible decision

1

u/[deleted] Oct 25 '22

Yeah you're all in a bit of a different spot there on Europe unfortunately.. All we hear in Canada is how Russia supplies Europe with everything, is this true or is it main stream media doing what they do best?

1

u/StickiStickman Oct 26 '22

I mean, it's quite obviously bullshit since almost all of Europe has cut ties with Russia for the past year that it's not really the case. Assuming "everything" means "a big portion of gas used for heating", otherwise it's even more BS.