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Ralph Klein has gone and it is time to retire Ralph's World. Thanks to all of you who have supported this venture by contributing material and through your comments. It has been fun.
Should we get another blog underway? Let me know your thoughts by e-mailing me at johnnyslow@gmail.com.
John Slow
January 1, 2007
Friday, July 23, 2004
We will be killed by their electrical plan!
It's time for people to pick up their phones and ask for answers,
don't settle for put downs or platitude!
John Clark
14815 – 123 Ave.,
Edmonton, AB T5L 2Y7
July 21, 2004.
cyberclark@shaw.ca
Murray Smith, Minister of Energy,
404 Legislature Building,
Edmonton, AB T5K 2B6
Further to our correspondence of June 22 and July regarding cost-plus power lines Edmonton to Calgary.
Dear Mr. Smith:
The Edmonton to Calgary 500KV line and generation will run over 4 billion dollars without profit taking by the AESO group.
We have determined the AESO (Controlled by Tory appointees and not the legislative assembly) has put forward its plan to the EUB which is just closing its rebuttal process.
Based on the 4 billion dollar total estimate, and allowing a 11% minimum profit margin compounded quarterly over 10 years (Mr. Lougheed's figures and which is the decade you spoke of), will produce a profit for AESO and/or Trans Alta Utilities of 11.8 Billion dollars bringing the total to near 15 billion dollars; all of which is to be taken off rate payers or tax payers by way of their pension funds, lost royalties or utility bills.
When you combine the cost of the other lines into this simple and forward formula the costs to tax payers will move up to 15 to 20 billion dollars over the next decade.
How can you possibly say Albertan’s are out of debt?
John Clark
don't settle for put downs or platitude!
John Clark
14815 – 123 Ave.,
Edmonton, AB T5L 2Y7
July 21, 2004.
cyberclark@shaw.ca
Murray Smith, Minister of Energy,
404 Legislature Building,
Edmonton, AB T5K 2B6
Further to our correspondence of June 22 and July regarding cost-plus power lines Edmonton to Calgary.
Dear Mr. Smith:
The Edmonton to Calgary 500KV line and generation will run over 4 billion dollars without profit taking by the AESO group.
We have determined the AESO (Controlled by Tory appointees and not the legislative assembly) has put forward its plan to the EUB which is just closing its rebuttal process.
Based on the 4 billion dollar total estimate, and allowing a 11% minimum profit margin compounded quarterly over 10 years (Mr. Lougheed's figures and which is the decade you spoke of), will produce a profit for AESO and/or Trans Alta Utilities of 11.8 Billion dollars bringing the total to near 15 billion dollars; all of which is to be taken off rate payers or tax payers by way of their pension funds, lost royalties or utility bills.
When you combine the cost of the other lines into this simple and forward formula the costs to tax payers will move up to 15 to 20 billion dollars over the next decade.
How can you possibly say Albertan’s are out of debt?
John Clark
