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kingstnapyesterday at 9:56 PM0 repliesview on HN

Well we can see how much we would even expect this to matter.

For example take the 2024 Financial Report of Hydro One (distributor for Ontario) [0].

Apparently they earned 8,484M in revenue, and spent 4,143M in Power, and Net Income was 1,156M. Putting these together you can sort of conclude that the price of the electricity is around 1/2 their expenses.

If I then go to Ontario Power Generation financial reports 2024 [1], Revenue was apparently 7,187M, with Fuel Costing 1,049M, and net income around 1,006M. This sort of tells you that the price of fuel is only around 1/6th of their expenses.

I spent some time thinking about this and I'm not sure what to conclude other than probably a lot of what you pay is just paying for staff and maintenance and so even if fuel was free where I live it would be like a 1/12th change. Assuming the big savings in Wind are supposed to be from not having to pay for Fuel.

[0] https://www.hydroone.com/investorrelations/Reports/Hydro%20O...

[1] https://www.opg.com/reporting/financial-reports/