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Getting Zapped: Ontario electricity prices increasing faster than anywhere else
Read Our Report On Wind Subsidies in Ontario
Category Archives: Reforming Ontario’s Electrical Generation Sector
Hydro headache
When Ontario‘s new Liberal government said it had decided to lift the cap on the price of electricity, it had accomplished the easy part of the task. The hard part is figuring out how to do it.
Update on the Blackout Report
Energy Probe‘s Tom Adams was interviewed extensively on Wednesday, November 19, following the release of the interim report "Causes of the August 14th Blackout in the United States and Canada," published by the US-Canada Power System Outage Task Force.
Outage left officials in dark
Canada’s nuclear regulator was left in the dark along with Ontario and the northeastern United States when the Aug. 14 blackout struck, according to a detailed report on the power failure.
A joint U.S.-Canadian task force headed by Canada’s natural resources minister Herb Dhaliwal and U.S. energy secretary Spencer Abraham found the lights went out on the Canadian Nuclear Safety Commission, though luckily no harm was done.
McGuinty's broken promise is tough love
As a colleague in the newsroom points out, the optics for Dalton McGuinty are not good.
During the election campaign, the Liberals promised to keep the price cap in place until 2006. The Liberal party had also voted in favour of the rate cap when it was introduced by the Eves government. Now, Ontario’s new Premier has approved a rate increase which will impose varying degrees of hardship on consumers, institutions, business and farmers.
Hydro bills jump by $5-$9
Most Ontario households will pay $5 to $9 a month more for their electricity starting in April under a new pricing system announced by the provincial Liberals.
Energy Minister Dwight Duncan yesterday abolished the cap of 4.3 cents a kilowatt hour that the previous Tory government imposed on the energy component of the electricity price.
Hydro stranded debt climbs to $20.2 billion
The unfunded debt left in the hands of taxpayers by the former Ontario Hydro has grown by almost $100 million over the past year, new financial statements show.
Despite the province’s stated intention of retiring the debt by 2012, taxpayers now owe $20.2 billion stemming from the province’s ownership of Ontario Hydro, up from $20.1 billion a year ago.
Utilities shake up telecom market 'they are a real spoiler'
Canada‘s telecommunications market is getting more competitive as electric utilities roll out plans to offer Internet service over electric lines and accessible through the socket in your wall.
Government is the problem
Canada, like most other Western nations, has found nuclear power only works when it enjoys monopoly status and generous public subsidy.
After decades of government control, marked by occasional blackouts, soaring power costs, massive mismanagement and the accumulation of tens of billions in unrepayable debt, Canada’s largest monopoly electricity system is gearing up for a new era – of more government control and greater government intervention! What a relief that must be to citizens of Ontario.
OPG faces millions in losses
Toronto: Ontario Power Generation is facing a massive cash shortfall of more than $1 billion for this year and next, and that’s going to add to the province’s deficit, Energy Minister Dwight Duncan said Tuesday.
Provincial utility facing cash crunch
Ontario Power Generation is in such desperate shape that it had to resort to the corporate equivalent of selling future paycheques to Money Mart at a discount, says energy minister Dwight Duncan.
Energy Probe 