Tag Archives: Parker Gallant

Parker Gallant: Ontario’s big LEAP: Low-income Energy Assistance Program

(September 14, 2013) The Ontario Energy Board (OEB) just released their 2nd annual report on LEAP and after reading it and relating it to the money being passed around it does give you an inspiration to do just that—leap! Continue reading

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Parker Gallant: Bright Ideas from Toronto Hydro discloses they failed math

(September 13, 2013) For the approximately 700,000 customers of Toronto Hydro who have either received or are about to receive their latest hydro bill they should pay attention to the brochure enclosed with the bill, titled, “bright ideas” and the subheading: “Electricity rates are rising. We want you to know why.” Continue reading

Posted in Electricity, Reforming Ontario's Local Electrical Distribution Sector, Reforming Ontario's Local Electrical Distribution Sector, Utility Reform | Tagged , , | 3 Comments

Parker Gallant: Toronto Hydro — exaggerated hype or sophisticated spin

(Monday, March 12) “The aggregate total of incentive payments to the top five active executives in the five years ending 2010 was $2.9 million!” That sentence caught my eye in an article that appeared in the January 27, 2012 Toronto Star. Continue reading

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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 ratepayers subsidize taxpayers

(November 15, 2011) Ontario ratepayers are helping to hold down municipal taxes and the provincial debt, says Energy Probe director Parker Gallant. Continue reading

Posted in Power Generation in Ontario, Reforming Ontario's Local Electrical Distribution Sector, Reforming Ontario's Local Electrical Distribution Sector | Tagged , , , , , , | 6 Comments

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: The forgotten directive

(September 12, 2011) Parker Gallant’s article discusses the impact of Ontario’s Feed-in-Tariff (FIT) programs on Ontario energy taxpayers. While the FIT programs have been a great investment opportunity for investors, the majority of Ontarians suffered since OPG could not participate in the gold rush. Continue reading

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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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