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Getting Zapped: Ontario electricity prices increasing faster than anywhere else
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Category Archives: Reforming Ontario’s Local Electrical Distribution Sector
Power-less Ontario
(May 29, 2003) On May 1, 2002, Ontario’s retail and wholesale electricity markets were opened to competition. Electricity charges were unbundled into seperate components (i.e., transmission charge, energy charge, distribution charge, ect.). Continue reading
Ontario hydro’s new planner
(March 29, 2003) Four years ago, the Ontario government established the Independent Electricity Market Operator (IMO) to arrange transactions between buyers and sellers of electricity. Continue reading
Mid-size firms join in hydro rate freeze
(March 22, 2003) The Ontario government has extended the price freeze for electricity to 7,000 mid-sized businesses, which will now pay a fixed price of 4.3 cents a kilowatt hour. Continue reading
Ontario extends power subsidy to larger users
(March 21, 2003) Toronto (Reuters): The Ontario’s government broadened the scope of its price cap on electricity use to include some bigger consumers on Friday, but it stopped short of an across-the-board subsidy. Continue reading
Electricity prices keep rising
(March 13, 2003) February appears to have racked up the highest electricity prices for any month since Ontario’s electricity market opened last May – prices that could trigger more subsidies to householders and small businesses. Continue reading
Tory price freeze costs as much as $3.4m an hour in February
(March 8, 2003) The Eves government’s decision to freeze electricity prices for consumers and small businesses has now cost close to $900 million, and the bill just keeps climbing. Continue reading
Ontarians warned to cut back on hydro use
(March 4, 2003) The province of Ontario plunged perilously close to a power shortage yesterday after record cold temperatures collided with artificially cheap electricity, forcing the agency overseeing the hydro industry to urge immediate conservation. Continue reading
Deep freeze, hydro freeze costs $640M
(February 15, 2003) The Ontario government’s decision to freeze hydro rates at artifically low levels has cost the province about $640-million since May 1, according to figures released yesterday by the Independent Electricity Market Operator (IMO), the provincial agency that monitors prices. Continue reading
A real power break – meters help capture low prices
(September 22, 2002) With interval hydro meters, consumers can buy power when the price is right. Continue reading
Zoned hydro rates proposed for Ontario
(June 27, 2002) Ontario consumers would pay different power prices across the province in a zoned rate system being considered for the new electricity market. Continue reading
Energy Probe 