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Tag Archives: Debt Retirement Charge
A new debt retirement charge for Ontario electricity customers
The reprieve is over. Those “dead” assets still require paying off. Continue reading
Parker Gallant: The debt retirement charge — Premier Wynne’s $6.2 billion “revenue tool”
(April 11, 2014) The Auditor General’s report released December 10, 2013, highlighted some of the problems inherent with taxpayer-owned Ontario Power Generation Inc. (OPG), particularly it’s above-market human resource costs. Continue reading
Parker Gallant: Turning OEFC’s “Stranded Debt” into Political Spin
(August 22, 2011) Dates appearing on the most recent annual report by the Ontario Electricity Financial Corporation (OEFC) give reason to believe that the report not only has yet to be tabled, but its early release may something to do with the Progressive Conservative’s promise to remove the “Debt Retirement Charge” from electricity bills and the Liberals’ plan to keep the DRC on electricity bills until remaining debts have been resolved. Continue reading
Posted in Power Generation in Ontario
Tagged debt, Debt Retirement Charge, DRC, feed-in-Tariff, FIT, hydroelectricity, Liberal Party, Liberals, Nuclear Decommissioning Fund, OEFC, Ontario electricity, Ontario Electricity Financial Corporation, Ontario energy, Ontario Hydro, Ontario Legislature, OPG, Parker Gallant, PC Ontario Hydro debt, Progressive Conservative, renewable energy resources, RES, Scott Luft, tax payers, tax policies, Tim Hudak
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Energy Probe 