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February 7, 2020 | Canada’s Largest Solar Farm Coming to Southern Alberta
Danielle Park
Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com
Greengate Power announces Canada’s largest solar farm on 5000 acres in southern Alberta. Not government-subsidized, the project is to be funded by private investors and power 100,000 homes. Here is a direct video link.
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Danielle Park February 7th, 2020
Posted In: Juggling Dynamite
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Not government-subsidized? Is the cost of production of these solar panels government-subsidized? Yes.
Does governmental board set the rates for utilities that customers pay to have electricity? Yes.
For Solar electricity generation to be profitable can only mean, the electric company billing Southern Alberta has been allowed to increase customer rates without mercy. Instead of fixing that problem, by re-investing in new equipment, the regulators have said, pile on boys!
Future utility rate hikes are going to happen in Southern Alberta. Deal with it.