a EE AAMT A AIELLO, Ate NCD GORE ETO Se Da LEE PEL LOE ERE TIN, SAI IA page 16.- . Miareh 1, 1978 - “The ‘residents: fy lines. to ; ‘Vancouver » with - fields surrounding them. _ As the scale of ‘Hydro’s Ss system increases, to meet: oe what. Hydro_ perceives as-a | rapidly: ‘growing demand, the we negative effects. associated on - North Shore News. . Island: face ‘the. prospect. “of tok high voltage: transmission. ~ Island oc with ‘unknown’ ‘and. possibly’. “not. chronic effects vaseociaten- of ‘the ‘electromagnetic. “Ci projects x “accumulate, new energy. already reached the: point: pws tre Ver’ by these projects faster than 7 the new energy they provide can raise. it. . This prompted them to analyse - the ‘“‘need’’ for the new: energy, and to study other ways of satisfying © our ‘energy: requirement. DO WE REALLY NEED THE ENERGY? ~ : The most recent. energy : scenario developed - within - Energy, Mines: and. Resourc- es Canada: €xamines potential fori increasing effic- ~ jency in energy use in o der. to reduce the cost of oe ges conservation in th ‘industrial This situation, “for. ‘many. a Bid in the province, has incentive would be. fiecessary Yo to realize the Savings. ae where the quality of life is ~ a norcoaived: as heing dearaded: a eet ~ ) “eES* “and ~ adjustment: begin to negate the benefits . ind of dnguiding large amounts of =o ‘sector; but that pe peroaicnae _ @ Sates senerwo. ommend enewe > & hie. maane that industry's ee rates: will have to go. up... -- before the full potential for has conservation can be reached. . This.is not surprising, when — Hydro has also ‘stated that rates: for some. bulk custom- i ers. * => below ‘what would encourage them. to generate their, own. energy. we “presently ‘set just © If ‘the rates “went up, industry. would. find: ‘invest-.- . ment. efficient equipment. economi- | shan at ae in. ‘more | “€nergy- > mal mend Son nee Annee en i pay) ae td woul - make their own energy-. : cate present; Hydro, oo | ‘the. « . on io to _represent. _. System ‘costs. : ” first kilowatt-hours-of energy ee “ona bill should cost less than — - . - the. last: ones... This * “would. “mean: “that © it. ‘would | be “tial to minimize hese ; cosis “altarnativa. eourcec to fill a heer BARTS Vw - reduced: demand,. ‘Hydro has af i: conservation/revenue Pro- 2 Tee to look at these concerns. We. . need it soon. ~blem. “4 In’ 1975, “the pulp’ ‘and’ paper - ‘mill’ strike reduced -Hydro’s electricity. sales con- _Siderably,. to where there was no’ growth at .all.: There. was , “no growth the following year - either. | This “meant that. Hydro” Ss: electrical ‘revenues “were. down. -. When | Mr.. . Martin, - assistant - general manager. ofthe ‘Engineering. Group fae Liwden: SETA ackaaAa up ava: BABY ULV, wwwae aonvww at the Revelstoke: ‘hearing | what. would be the. effect on. tegulated. by: he B.C. Energy. ’ ‘gain an Gams, where. ‘conservation. is € Sen-- It would. be disastrous only as. long: as rate structures do | “not reflect. costs, cand only as _- Jong. as. the. construction | 1 schedule proceeds at a rate ; ctur: oe that’ ‘demands - -ever-increas- : ‘gulation, it: appears that t tate. ¢- Structures: will move. slowly. toward.a straight: ‘line (single ~ price: per. ‘customer). ‘In fact, ‘the: _ Hydro ing amounts of revenue. to pay off the” ever-increasing. ; debt. ~ The unfortunate part of the © problem is that a reduction in demand. growth . for: any - - reason, including. successful ~ conservation, will be disas-__ . trous for Hydro as long as the... construction. rate is _main- os ” Cheaper to buy more efficient _ . appliances ‘and machines or — - insulate. than’; to _ continue - tained. : long-run “marginal _ neration capacity. We need a public hearing - Otherwise, we may. soon, ‘become poorer economically, socially, environmentally and unnecessarily. oo : ‘There. must. be a . simultan- “4 - eous reduction in demand - and in the incurring of debt: — _ Thus, uniess. Hydro changes ce its rate ‘siructure’ to reflect costs, -there- will, not. be a serious | conservation. effort. ‘Without >a serious conservation effort, - “there. will - be a> string of . j and thermal plants 7 a hastily . ‘thrown . together. in. spite’ of. public opinion, in - order to keep up. with an. -annecessarily large demand and, aiso ic enabie renewabie for inefficiently utilized ge- | LEADING | MAN in the ortho asi —anw a a ke ; _energy to society and” to. increase - overall” “economic competitiveness. © “continued . “at ‘that rate, ‘he. -réplied that he | thought. it: would be. ‘disastrous. This i As,” a in fact, only half the Story. _ ESL PE: ONO ac : ~ gyivia Gowans. “(Manager) ‘ vO Maureen Stirling’ (Representative) Tre electricity gz owth rat : compatible with. ‘this new scenario is less than 3:5'per ~ cent per year for the whole oe country. | . oe e one. ‘thie? of the elecivicity that Elydro. gener ates, | yet. only. provide, cone. eighth: of: the. annual’ reve- ~ “nues from electrical Sales. ’ B.C. Hydro’s currentelec- tricity load growth forecast is | Hydro’s. different classes of | ‘around 6.6 per cent per year... customers. last’ year was. 2.7 2 This figure has been reduced __ cents’ per’ ‘kilowatt-hour. for... by 35 per cent from 10.2 in © residential: customers; 2.2. three years. Evidence’ sub-° cents per kilowatt-hour. for. . mitted by Dr. Ernest Berndt, . general and-0.88 cents per. Sandy Osler and‘ Dr. John. ‘kilowatt-hour for the. bulk . Helliwell, of U.B: C.” S. eco-. . customers.) — es nomics department, to the. os Revelstoke Dam water li- cence appeal: on SPEC’s behalf showed that by rate revisions, Hydro’s 1975. to ' 1990 annual load growth could be reduced from .8.4_ per cent (at that time) to 5.9'- per cent, while cutting Hydro’s outstanding debt in 1990 by $3.5 billion, reducing annual interest payments in 1990 by 30 per cent and reducing the average cost of power to Hydro users by | about 6 per cent. ‘The average 1 revenue “from 8 Sandy Osler has calculated - rh ‘that the average marginal jm cost of producing. electricity. i in the Hydro system is now. | _ 2.37 cents per kilowatt-hour. |. The inference, apart fromthe ie capital costs of distribution ‘Baa equipment borne by some’ Baa users, is that Hydro is selling electricity to bulk users for considerabiy jess than its - _ own long-run marginal costs. _ While this is ‘most attrac- . tive to industry, especially i in J regard to the location of new i industry in the province, it. .[ raises the question of whe-' '§ ther the bulk customers are — being heavily subsidized by .. the other users. | . The principle behind rate revisions the economists are suggesting is marginal cost _ pricing, whereby each con- sumer is charged a price for oC een ee =) ls _ a ” Canada Trust Park Royal branch — a a Professional Sales & Service & is open 8am.to8pm. Monday thru Saturday a To Most Makes of + Open a savings or chequing account and sample the quality service that s bee H | Canada Trust philosophy for over a céntury. 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