To gain public support for massive spending, BC Hydro is untruthful. To avoid taking responsibility for bad public policy, the Horgan Government pretends not to notice.
This is taken from BC Hydro’s website today:
This is reality disclosed by BC Hydro’s financial reports:
Yes, despite population growth and and a larger economy, the utility’s domestic sales have been flat for years. This illustrates what BC Hydro won’t admit publicly.
Until about 15 years ago, consumption of electricity did increase from year to year. Every electrical utility in the world understands their market has changed. Some adapt; some do not.
BC Hydro is in the latter category. Instead of innovation, the company is driven by inertia. Not surprising because the company, its executives and contractors have grown used to lucrative rewards. Their empire grows.
Empire builders don’t voluntarily diminish their realms. Featherbedding contractors don’t offer to withdraw and seek useful work.
Ruling politicians afraid of being called “The Party of No” are afraid to say no, even when circumstances demand it.
With an election called, citizen now have a chance to object.
Categories: BC Hydro