Sell the wind, kill Hydro-Québec on the altar of the private sector
April 11, 2024
In January 2018, Hydro-Québec CEO Éric Martel said, "If people start self-generating with solar, it's going to make electricity rates explode: it's the risk of the 'death spiral'." His logic was as follows: if customers start self-generating, there will be fewer customers to share Hydro-Québec's fixed-cost bill. Rising costs would become inevitable, pushing more customers to opt for self-generation. A downward spiral of customer attrition and economic death would follow.
