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Hydro-Quebec wants to double electricity rates for energy-hungry data centres
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NomNom feddit.uk NomNom@feddit.uk
Joined: 2026-02-13
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TribblesBestFriend startrek.website TribblesBestFriend@startrek.website
Joined: 2025-01-30
#2 · Quote Reply

Not enough

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UnderpantsWeevil lemmy.world UnderpantsWeevil@lemmy.world
Joined: 2023-06-14
#3 · (edited) Quote Reply

Crazy how a free market capitalist model for electricity isn't targeting these enormous inflexible energy consumers for exorbitant rates.

Have we forgotten how to turn a profit in this country? Gouge! Gouge! Gouge! They've got a few billion worth of hardware in the ground and money to burn. You've got nothing to lose.

36
maplesaga lemmy.world maplesaga@lemmy.world
Joined: 2025-11-30
#4 · (edited) Quote Reply

Crazy how a free market capitalist model for electricity isn't targeting these enormous inflexible energy consumers for exorbitant rates. Have we forgotten how to turn a profit in this country? Gouge! Gouge! Gouge! They've got a few billion worth of hardware in the ground and money to burn. You've got nothing to lose.

Quebec subsidizes its electricity. Which irritates other provinces that pay it equalization payments, since that the subsidization is not included.

We can only subsidize failing EV companies in Canada, cheap electricity we draw the line.

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moody lemmings.world moody@lemmings.world
Joined: 2023-08-08
#5 · Quote Reply

Triple their rates and you can lower ours to make up for it.

17
anguo piefed.ca anguo@piefed.ca
Joined: 2025-06-07
#6 · (edited) Quote Reply

As well, the utility is asking the regulator to raise prices over three years for blockchain and cryptocurrency operations to 19.5 cents per kilowatt hour to "better reflect the activity's energy intensity and limited economic benefits."

Based.

Edit: Noting that this is 50% higher than what they want to charge datacenters.

9
gramie lemmy.ca gramie@lemmy.ca
Joined: 2023-06-02
#7 · Quote Reply

Quebec subsidizes its electricity. Which irritates other provinces that pay it equalization payments, since that the subsidization is not included. We can only subsidize failing EV companies in Canada, cheap electricity we draw the line.

I don't understand what you're saying. Hydro Quebec pays royalties of $2-3 billion per year to the Government of Quebec.

Or do you mean that the government of Quebec subsidizes electricity consumers?

1
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