Lepreau refurbishment cost to date: $2.28B

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I just found this article from January, 2009.  It states: "That delay will cost NB Power an estimated $70 million to $90 million after the main contractor, Atomic Energy of Canada Ltd., pays penalties.  Each extra month of delay beyond that will cost NB Power roughly $20 million." 
http://telegraphjournal.canadaeast.com/search/article/546595


The delay mentioned above refers to a 3-month delay past the scheduled completion date of September, 2009.  The project began in April, 2008 and was supposed to take 18 months to complete.

My understanding is the cost for replacement power is roughly $1M per day.  But after the deadline of September, 2009, AECL pays penalties which reduce our cost for replacement power to about $20 M per month. 

Let's do the math...
If replacement power cost us $1M per day for the first 18 months (548 days), then at September 30, 2009, our cost would have been $548M. 

At January 31, 2010, we can add another $20M x 4 months.  So at the end of this month, our cost for replacement power is going to be approximately 548+80= $628M.  Add the $1.4B Lepreau refurbishment price (plus cost overruns, yechh!) and it looks to me like were already down over $2.28B.

As a side note:  Does all our replacement power come form HQ?  Maybe they have something to do with the delays.

These calculations have me on another tack.  Once Lepreau is back up, assuming we win this fight, how long will it take to regain the $2.28B? 

Please correct me if you think I have a couple of sheets to the wind.  I'm off to see what the production capacity of Lepreau could be. 

Keep your heads up and your sticks on the ice.