Earlier, we reported Burrard Thermal's closure could hurt Port Moody's bottom-line. But what about Terasen Gas Inc., which delivers the generating plant's natural gas? In an interview with Public Eye, company communications manager Mike Chisholm said "the impact of the closing of Burrard Thermal is indeterminable at the time because we do not know the specific direction government will give BC Hydro, the magnitude of that direction or the timing." As a result, he couldn't say whether Burrard's shutdown might result in Terasen increasing its rates. Mr. Chisholm confirmed the plant is a "large customer" although he decline to specify how much money that relationship makes for the company.
August 26, 2009