Friday, March 23, 2007

Regular-anomics

Who could have possibly predicted?! So it turns out people are actually conserving energy, which means Hydro companies' revenues are down, so they'd like a rate hike. And then there's this gem:

However, the company is urging people to continue to conserve, because otherwise there might be even larger expenses to pass on to customers. To meet extra demand, for example, it would cost more to upgrade aging infrastructure.

So basically they're saying "if you use less electricity, it will cost you more, and if you use more electricity it will cost you a lot more. Basically, we'd like you to give us the same amount or more money no matter how much power you use".

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