Hello all,
I am posting here because I want some juicy brains to answer.
I am wondering, is it really possible to save on electricity if we all use less?
Let’s say I am in Canada, and let’s say all of the electricity is generated via hydro power or solar power. Let’s say all the power companies is own by the canadian government.
If all of the population uses 50% less power, would our electric bill come down or would the power companies adjust the price of the electricity so that our bill stays the same?
So, if we all start using CFL or LED, will our bills be reduced or would the power company make an adjustment and increase the price of electricity?
Where does the saving in $$$ come from? Are they going to shut down a power plant or do they all remain open?
I am posting here because I want some juicy brains to answer.
I am wondering, is it really possible to save on electricity if we all use less?
Let’s say I am in Canada, and let’s say all of the electricity is generated via hydro power or solar power. Let’s say all the power companies is own by the canadian government.
If all of the population uses 50% less power, would our electric bill come down or would the power companies adjust the price of the electricity so that our bill stays the same?
So, if we all start using CFL or LED, will our bills be reduced or would the power company make an adjustment and increase the price of electricity?
Where does the saving in $$$ come from? Are they going to shut down a power plant or do they all remain open?