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Dr. Shaffer mentions the cost of IPP power to BC Hydro at over $1 billion. One of the comments said $31 billion. I believe that Hydro's IPP contracts (EPAs) are currently for over $1 billion per year. Not all of these projects are in operation yet.
These EPA contracts are for up to 40 years. So, after 30 years, that's over $30 billion. That doesn't include new contracts. That's over $30 billion down the drain. What if BC Hydro invested that money into its own facilities, and conservation efforts?
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