The Auditor General of Ontario’s report of December 5 dealing with “Renewable Energy Initiatives” highlighted wasted spending commitments of billions of dollars that will fall on the backs of the ratepayers. The report offers up several recommendations which are immediately followed by responses by the Ministry of Energy on how it will deal with those recommendations. Continue reading
Category Archives: Power Generation in Ontario
Ontario ratepayers subsidize taxpayers
(November 15, 2011) Ontario ratepayers are helping to hold down municipal taxes and the provincial debt, says Energy Probe director Parker Gallant. Continue reading
Ontario Energy Prices: Frankly Bogus
Omitted Costs, Inflated Benefits, a study I co-authored with Glenn Fox for the Bulletin of Science, Technology and Society a week ago, has been discovered by the media and the Ministry of Energy. While we will have to wait until October 20th to hear the cabinet appointments by Premier McGuinty, that didn’t stop the Legislature’s most recent Minister of Energy, Brad Duguid from commenting on the study. Continue reading
Ontario’s Power Trip: The $4000 electricity bill
For the average ratepayer, an annual electricity bill will escalate from $1,700 per year to $2,800 by 2015 and by the time the renewables envisaged in the LTEP are largely in place (expected in 2018) an average ratepayer will be paying in excess of $4,000 annually — well over a doubling. Put another way Ontario’s ratepayers will be paying in excess of 40¢ per kWh, placing them on a par with Denmark, which suffers the highest cost of electricity in the developed world. Continue reading
Parker Gallant: The forgotten directive
(September 12, 2011) Parker Gallant’s article discusses the impact of Ontario’s Feed-in-Tariff (FIT) programs on Ontario energy taxpayers. While the FIT programs have been a great investment opportunity for investors, the majority of Ontarians suffered since OPG could not participate in the gold rush. Continue reading
Parker Gallant: OPG’s creative accounting
(September 1, 2011) Ontario Power Generation recently released its 2nd Quarter results. On the surface all seems well with OPG — it announced an after tax (Payments in Lieu of taxes) profit for the quarter of $114 million for the 6 months ended June 30, 2011 versus $40 million for the comparable quarter in 2010. Continue reading
Parker Gallant: Turning OEFC’s “Stranded Debt” into Political Spin
(August 22, 2011) Dates appearing on the most recent annual report by the Ontario Electricity Financial Corporation (OEFC) give reason to believe that the report not only has yet to be tabled, but its early release may something to do with the Progressive Conservative’s promise to remove the “Debt Retirement Charge” from electricity bills and the Liberals’ plan to keep the DRC on electricity bills until remaining debts have been resolved. Continue reading
Posted in Power Generation in Ontario
Tagged debt, Debt Retirement Charge, DRC, feed-in-Tariff, FIT, hydroelectricity, Liberal Party, Liberals, Nuclear Decommissioning Fund, OEFC, Ontario electricity, Ontario Electricity Financial Corporation, Ontario energy, Ontario Hydro, Ontario Legislature, OPG, Parker Gallant, PC Ontario Hydro debt, Progressive Conservative, renewable energy resources, RES, Scott Luft, tax payers, tax policies, Tim Hudak
1 Comment
Parker Gallant: The wind industry’s spin
(August 2, 2011) In Greek Mythology Aeolus was the “King of Wind” but in Canadian Mythology the King of Wind is CanWEA; a not-for-profit association of 420 members including public and private companies, legal firms, manufacturers, ect. and others who feed off of the largess of taxpayers and ratepayers to ensure they retain their mandated (Ontario’s Green Energy Act) place on the energy podium. Continue reading
Posted in Alternative Energy, Electricity, Power Generation in Ontario, Reforming Ontario's Electrical Generation Sector, Reforming Ontario's Local Electrical Distribution Sector, Renewables
Tagged CanWEA, demand periods, energy diet, forms of electricity, Parker Gallant, wind power, wind power production
2 Comments
A Summary of Michael Trebilcock’s “Speaking Truth to Wind Power”
(July 6, 2011) Michael Trebilcock’s study, “Speaking Truth to Wind Power”, suggests Ontario’s policies regarding renewable energy must be revised to avoid incurring further consequences, such as higher energy costs for energy consumers and taxpayers. Continue reading
Parker Gallant: The evisceration of the Independent Electricity System Operator
(February 8, 2011) Parker Gallant writes that the Independent Electricity System Operator has lost its independence from political influence. Continue reading
Posted in Power Generation in Ontario, Utility Reform
Tagged electricity, IESO, Ontario, Parker Gallant, Renewable Energy, smart meters, solar power, utilities, wind power
1 Comment
