Getting Zapped: Ontario electricity prices increasing faster than anywhere else
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Category Archives: Power Generation in Ontario
The city has been trying to rein in executive bonuses at Toronto Hydro. Last year the CEO took home a bonus of more than $640,000
Straddling both the private and public sectors, Toronto Hydro is tricky to define. Its executive payouts call into question: who runs the show? Energy Probe is quoted in this look at Hydro exec earnings by the Toronto Star’s Christine Dobby.
Consuming less drives up costs for Class B ratepayers
(November 3, 2019) Consuming less means lower costs, right? Not in Ontario. Continue reading
Michigan’s GDP and jobs grow—with a $4.5 billion subsidy (and growing) from Ontario ratepayers
(October 6, 2019) How was Michigan able to maintain rate increases below inflation while Ontario’s increases were well above? As it turns out, Michigan is a large purchaser of Ontario’s surplus electricity generation. Continue reading
September 30, 2019 – just another high-cost electricity day in Ontario
If every day was like September 30, 2019, Ontario ratepayers would be paying $2.7 billion for power consumed elsewhere, while operators of FIT generators would be stuffing money in their bank accounts. Continue reading
Ford government floundering on electricity portfolio
The IESO’s monthly market report for August broke several records and none of them were to the benefit of Ontario ratepayers. Continue reading
Global News: How the province ‘hijacked’ plans for a sustainable green economy
Global News has obtained 4,000 pages of internal documents which reveal the government was warned about the potential impact of its renewable energy plan – and how the microFIT program for small scale energy production went out of control. Continue reading
Hydro rates should not be subsidized. It would be unfair to future generations
(May 15, 2018) The province’s Financial Accountability Office estimates that Fair Hydro Plan rebates will save ratepayers $18.4 billion over the next decade, but those savings will ultimately cost future ratepayers $39.4 billion.
Posted in Energy Probe News, Power Generation in Ontario, Reforming Ontario's Electrical Generation Sector, Reforming Ontario's Local Electrical Distribution Sector, Reforming Ontario's Local Electrical Distribution Sector
Tagged Brady Yauch, fair hydro plan, hydro rates, Ontario Energy Board
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Hydro One CEO salary peanuts compared to overspending and waste in electricity sector
(April 25, 2018) So, you want to be Ontario’s next Premier and you’re looking to lower hydro bills? Here’s where you should be looking.
Ontario’s electricity system will slip further into farce with fake price-regulation hearings
By continually politicizing electricity, the current Ontario government has lost its way. Continue reading