The volume of available electricity opens the door to sales and business opportunities in neighboring markets, particularly through long-term agreements. These transactions are beneficial from both an environmental and economic standpoint. We intend to make every effort to promote our hydropower in neighboring markets.
In Québec, residential consumers paid 7.07¢/kWh for electricity in 2017, a rate that includes Hydro-Québec’s generation, transmission and distribution costs. In Boston, residential consumers paid 28.45¢/kWh, which includes the electricity purchase price as well as the transmission and distribution costs paid by U.S. utilities. Residential customers in New York City paid 29.67¢/kWh.
- We responded to a request for proposals (RFP) from Massachusetts for the purchase of 9.45 TWh of clean energy.
- We responded to the New York Power Authority’s request for proposals for the purchase of 1 TWh or more of renewable energy.
- We took part in various summits on data centers, like RE-Source 2017.
- Google confirmed its selection of Montréal as the site for a new Cloud Region.