

Getting Zapped: Ontario electricity prices increasing faster than anywhere else

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Aldyen Donnelly
Author Archives: energyprbe
It's amazing anyone backs loony Hydro One idea
As press releases go, it was one of the duller offerings. Hydro One, Ontario’s electricity transmission company, and Hydro-Québec revealed plans this week to sink a line under Lake Erie.
Imagine a huge extension cord carrying power from Canada to the U.S. Northeast.
$10B power giant up for sale
Energy giant Hydro One is to be sold off in the largest privatization in Canadian history.
And Ontario is to announce next week the date in 2002 that the province’s $10-billion-a-year electricity market will be opened up to competition.
Premier Mike Harris yesterday rejected suggestions the two moves will translate into stiff price increases, but critics warned consumers can expect electricity rates to soar as they did in Alberta and California when electricity markets in those jurisdictions were privatized.
Electricity revamp will work
Re Harris irresponsible to deregulate hydro
Dec. 20.
In arguing against restructuring Ontario’s power system, the Star opines: "It isn’t as if Ontario is experiencing an electricity crisis."
The Star might remember that, in 1997, Ontario Hydro announced that it was unable to meet the financial requirements of our governing electricity legislation, effectively declaring the public sector equivalent of bankruptcy.
New Ontario Electricity Taxation Administration Rules Realize Fairness Promise
Energy Probe Ontario Electricity Backgrounder
The Ontario government has issued regulations that will guide the administration of its new electricity tax called the Debt Reduction Charge, regulations that are consistent with its 1997 commitment to ensure fairness to all classes of customers in the recovery of financial liabilities left over by Ontario Hydro. (See O. Reg. 493/01, Ontario Gazette, January 5, 2002.)
T.O. Hydro's green pose
A power war is being waged on doorsteps all across the city. Local and multinational electricity retailers are aggressively trolling for customers, trying to sign up as many as possible before the competitive market opens on May 1.
In the middle of the free-market frenzy is our newly reformed, publicly owned Toronto Hydro, mandated to champion green energy – and now expected to be a money spinner for City Hall as well.
Energy Probe anticipates Ontario's consumer electricity price changes
Summary and update on Energy Probe’s expectations for consumer electricity price changes related to Ontario’s electricity market restructuring
Energy Probe believes that, comparing overall bills before April 1, 1999 with bills after all the changes currently decided are fully implemented, bills for ordinary household consumers (1000 kWh/mth) who don’t sign contracts with marketers are likely to rise by at least 20 per cent. Contributing factors in both the upward and downward directions are:

