Getting Zapped: Ontario electricity prices increasing faster than anywhere else
Read Our Report On Wind Subsidies in Ontario
Category Archives: Reforming Ontario’s Local Electrical Distribution Sector
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.
(November 3, 2019) Consuming less means lower costs, right? Not in Ontario. Continue reading
The IESO’s monthly market report for August broke several records and none of them were to the benefit of Ontario ratepayers. Continue reading
(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.
(March 12, 2018) By selling the utility, Ontario taxpayers, in essence, locked in tomorrow’s future profits today.
By continually politicizing electricity, the current Ontario government has lost its way. Continue reading
All political parties that have been in power in Ontario have pursued electricity policies that are essentially political rather than economic. Some other provincial governments, notably Manitoba and British Columbia, seem to be imitating Ontario’s mismanagement of dangerously costly megaprojects and now in BC, Ontario’s politicizing of prices to consumers. This article focuses on the Ontario experience. Continue reading
(November 28, 2017) The Ontario PC’s energy plan doubles down on a couple of poor policies.
(November 27, 2017) BC Hydro is following Ontario down a road where the price of electricity is political.
(November 9, 2017) The price consumers pay for power is now a political decision, rather than an economic one.