This mistaken perception is often conveyed. Hydro-Québec does not sell its electricity at a loss on export markets—quite the contrary.
Last year, electricity sales on neighboring markets generated profits of more than $800 million, a significant contribution to the dividend that will be paid to the Québec government.
Energy generated in Québec at a cost of 2.01 cents was exported at an average price of 6.00 cents during the nine first months of 2015. However, you cannot compare the retail price on your bill (which includes generation, transmission and distribution of electricity) with the wholesale prices offered to our neighbors (which only includes generation and part of transmission costs).