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In Quebec our electricity can be lower than 0.05$ CAD/kWh (3.28¢/kWh based on the Rate L [1]). Our courrent lowest price is 1.384$ CAD/L. So considering that 1L
by dwild 7y ago
In Quebec our electricity can be lower than 0.05$ CAD/kWh (3.28¢/kWh based on the Rate L [1]). Our courrent lowest price is 1.384$ CAD/L. So considering that 1L would be 8.9 kWh. So all it would need is an efficiency of 33% to be profitable with an electricity cost of 0.05$ CAD/kWh. That's excluding any tax incentive to do so or any deal made with HydroQuebec to use excess power.
[1] http://www.hydroquebec.com/business/customer-space/rates/rate-l-industrial-rate-large-power-customers.html http://www.hydroquebec.com/business/customer-space/rates/rat...