This is close to a Can$1,000 savings for every adult in British Columbia.
Importantly, the savings from termination still exceed the costs of completing Site C even if assumptions are adopted that are not supported by the evidence or standard economics. Site C should still be terminated even if:
That said, cancellation of Site C is still opposed by BC Hydro on several economic grounds.
For example, replacing a 1,100 MW hydroelectric project with wind or solar is difficult in jurisdictions that do not have an extensive ability to store and shape intermittent resources.
BC Hydro submits that without Site C, British Columbia does not have sufficient capacity and has run out of hydroelectric storage.
This is an interesting hypothesis since some of the largest reservoirs in North America are in British Columbia. And even more curious, British Columbia Hydro's own submissions have made clear that Site C’s storage – only 4/10ths of 1% of Williston -- is incapable of supporting seasonal operations.