Quote:
Originally Posted by Cyro
Hmmm.. can someone calculate and project the Hydro rate increase I can expect in 4 years?
Greatly appreciated.
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My accounting skills are not yet up-to-snuff enough to give you a figure, but with a 2013 net income of $92 million to service a a $3.4 billion dollar investment on top of an existing $9.3 billion long term debt load - haven't checked if either Bipole III or the replacement cost of depreciated infrastructure is factored into that figure - we're more than likely going to be in for a bit of pain.
I'd be surprised if this wasn't a critical factor in Facebook's decision, despite their public concerns over privacy laws.