Site C Fact Sheet

  • Site C will create at least $5000 of debt for every household in BC.
  • Christy Clark is saddling BC taxpayers with 70 years of debt from Site C so she can claim short-term job creation in the north for the 2017 election. Site C, even at its current cost, will not be paid off by BC residents until 2094 at the earliest.
  • BC Hydro is borrowing $9 billion, on top of its current debt of $76 billion to pay for Site C dam.
  • $9 billion could be better spent in BC:  It could fund 54 secondary schools or 321 middle schools or many new hospitals.
  • Energy demand in BC has been flat for a decade; as rates increase, demand will fall.
  • British Columbia has many cheaper and greener alternatives; geothermal, solar and wind are available at lower cost. Taking back the power available under the Columbia River Treaty is also an option.
  •  The BC government did not send Site C to its own regulator, BC Utilities Commission (BCUC) even though the then chair of the Joint Review Panel, Dr. Harry Swain strongly and repeatedly advised that it should.
  •  Average price for Site C electricity = $88/MWh yet promised average price to industry = $55/MWh
  • Why are LNG companies in BC getting reduced hydro rates on the backs of BC citizens?
  • Why is BC spending $9 billion and further, why is the federal government open to spending billions more to send Site C power to Alberta to support their oil sands industry?