In her scrum with reporters last week, Premier Kathy Dunderdale answered questions about possible rates offered to new mining companies in Labrador if the Muskrat Falls project goes ahead.
She mentioned the low electricity rate IOCC and Wabush mines receive from Churchill Falls as an example of how industrial customers get better deals than consumers.
Yeah, well, no.
The Twin Falls Power Company is seeking intervener status in the hearings at the public utilities board into the water management application by NALCOR Energy for the Churchill River.
In a letter dated December 17, 2009, TWINCO president James Haynes said his company may be affected by any decision in the application.
2. Twinco has a Sublease with Churchill Falls (Labrador) Corporation Limited ("CF(L)Co") whereby CF(L)Co is obligated to supply 225 MW and 1.97 TWh of power and energy to Twinco, included as Exhibit 4 of the Application. Twinco supplies power to two customers, 10CC and Wabush Mines, both of which are located in Labrador West and as result Twinco could be affected depending on the disposition of this matter.
3. Twinco owns and operates two 230kv transmission lines that transmit power and energy from Churchill Falls to Labrador City and Wabush in western Labrador and as a result could be an affected transmission provider.
Twin Falls Power company is owned by Wabush Mines, IOC and NALCOR with each company holding one third of the shares. It supplies power to the mines in western Labrador.
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