Let it be noted that the following bet has been placed, for a value of 500 Canadian dollars, at their present value:
I say that in August of 2036, the per-watt price of electricity consumed by the average Canadian consumer will be lower in real terms (accounting for inflation) than it is today. My friend Tristan Laing thinks the cost will be the same or higher. The price in question will be that quoted on the average Canadian’s electricity bill.
He has posted the same declaration on his blog.
[Update: 12 August 2006] I agree with a commenter that the cost per kilowatt-hour will be the easiest metric according to which this wager can be settled. To give a very approximate contemporary value, the cost to consumers for each kilowatt-hour of electricity used in Ontario today is about 5.8 cents. I will come up with a Canadian average soon.