Getting Zapped: Ontario electricity prices increasing faster than anywhere else
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Tag Archives: Glenn Fox
Ontario’s Power Trip: The $4000 electricity bill
For the average ratepayer, an annual electricity bill will escalate from $1,700 per year to $2,800 by 2015 and by the time the renewables envisaged in the LTEP are largely in place (expected in 2018) an average ratepayer will be paying in excess of $4,000 annually — well over a doubling. Put another way Ontario’s ratepayers will be paying in excess of 40¢ per kWh, placing them on a par with Denmark, which suffers the highest cost of electricity in the developed world. Continue reading
Economic model underlying green energy not sustainable, says Guelph economist
(June 9, 2011) GUELPH – An economist at the University of Guelph says if Ontario’s experiment with green energy is similar to what’s happened in the European Union (EU), the province can look forward to higher taxes, a net loss of jobs, and little difference in terms of green house gas emissions. Continue reading