Tag Archives: Ontario electricity

Parker Gallant: Toronto Hydro: Creative accounting baffles Toronto City Council and the OEB

(January 14, 2014) Recently I stumbled upon a 2003 Toronto Hydro bill in my effort to rid the office space of paper piles.

Posted in Conservation, Electricity, Reforming Ontario's Local Electrical Distribution Sector, Reforming Ontario's Local Electrical Distribution Sector, Utility Reform | Tagged , , , , | 1 Comment

Parker Gallant: Hydro One and Premier Wynne: We’re from the government and we’re here to help

(January 8, 2014) Hydro One rates have increased again “less than a cup of Tim Horton’s coffee” — which amounts to a lot of coffee annually. Continue reading

Posted in Reforming Ontario's Local Electrical Distribution Sector, Renewables | Tagged , , , , , , , | 3 Comments

While Canadians endured hardships during recent storms, customers in UK got compensated

(January 7, 2014) To help its most vulnerable customers cope, one UK power company provided them with Christmas dinners as well as hotel accommodation, all at shareholder expense.

Posted in Reforming Ontario's Electrical Generation Sector, Reforming Ontario's Local Electrical Distribution Sector, Utility Reform | Tagged , , , | 2 Comments

Parker Gallant: Duping the public

(September 21, 2013) Three years ago (on November 9, 2010) “confidential” documents were obtained by the Ontario PC Party and reported on by the Toronto Star. The documents disclosed a plan to “confuse the public” about the “true cost of the government’s push for green energy”. Continue reading

Posted in Electricity, Power Generation in Ontario, Renewables, Utility Reform | Tagged , , , , , , | 5 Comments

Parker Gallant: Auditor General of Ontario Missed Exaggerated Coal Generation Health Costs

The Auditor General of Ontario’s report of December 5 dealing with “Renewable Energy Initiatives” highlighted wasted spending commitments of billions of dollars that will fall on the backs of the ratepayers. The report offers up several recommendations which are immediately followed by responses by the Ministry of Energy on how it will deal with those recommendations. Continue reading

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Ontario Energy Prices: Frankly Bogus

Omitted Costs, Inflated Benefits, a study I co-authored with Glenn Fox for the Bulletin of Science, Technology and Society a week ago, has been discovered by the media and the Ministry of Energy. While we will have to wait until October 20th to hear the cabinet appointments by Premier McGuinty, that didn’t stop the Legislature’s most recent Minister of Energy, Brad Duguid from commenting on the study. Continue reading

Posted in Alternative Energy, Energy Probe News, Power Generation in Ontario, Reforming Ontario's Electrical Generation Sector, Renewables | Tagged , , , , , | 5 Comments

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

Posted in Alternative Energy, Energy Probe News, Power Generation in Ontario, Reforming Ontario's Electrical Generation Sector, Renewables | Tagged , , , , , , , , , | Leave a comment

Parker Gallant: OPG’s creative accounting

(September 1, 2011) Ontario Power Generation recently released its 2nd Quarter results. On the surface all seems well with OPG — it announced an after tax (Payments in Lieu of taxes) profit for the quarter of $114 million for the 6 months ended June 30, 2011 versus $40 million for the comparable quarter in 2010. Continue reading

Posted in Energy Probe News, Power Generation in Ontario, Reforming Ontario's Electrical Generation Sector | Tagged , , | 1 Comment

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

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Parker Gallant: Hydro One’s free pass

(August 17, 2011) Hydro One’s financial statements are out, yet despite all of the media attention about the electricity sector in Ontario, the financial results of the publicly owned power utilities attract no attention. Odd, since they are the instruments that the government uses to execute its controversial policies under the Green Energy Act. Continue reading

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