So you think you’re saving money with the change in Smart Meter hours? That shaving of two hours off the peak interval gives you 10 more hours per week in the off-peak interval. The Ontario Government says it will save you money. Think again.
The peak rate is going up 8%, the mid-peak 10%, and the off-peak a whopping 15%. You will pay for every cent of the two-hour change and then some. Continue reading
by Keith Leslie, The Canadian Press
TORONTO – If electricity bills are up for Ontario homeowners with smart meters it might be the old meter’s fault – at least that’s what the Liberal government was saying Monday.
The so-called smart meters, which allow people to take advantage of time-of-use pricing for electricity, are more accurate than the 40-to-50-year-old meters they replace, said Energy Minister Brad Duguid. Continue reading
By Antonella Artuso, Toronto Sun
You want the good hydro news, the bad hydro news or the really bad hydro news?
The Ontario Energy Board is decreasing the cost of low-peak power by 0.2 cents per kWh as of Nov. 1, saving time-of-use electricity ratepayers money if they do things like washing their clothes and using the dishwasher on weekends and after 9 p.m.
However, the OEB is jacking up the mid-peak rate by 0.1 cents per kWh as of Nov. 1. Continue reading
Hydro hikes are coming at us fast and furious
By KALVIN REID St. Catherine Standard
This is the price we are paying for an illconceived McGuinty election promise to close the province’s coal-fired hydro plants (illconceived in that it was made without a feasible, cost-effective plan to make it a reality). This is the price we are paying for a government that has jacked up spending over its seven years in power and is now desperately short of cash — hence the HST. This is price we are paying for a system that is heavy with bureaucracy, with the top executive receiving a seven-figure salary, vice-presidents (and there are many of them) pulling in more than half-a-million dollars and shift supervisors being paid about double what they would get in the private sector. Continue reading
By ANTONELLA ARTUSO, Queen’s Park Bureau Chief, Toronto Sun
The Ontario Energy Board forged ahead with smart meters and time-of-use pricing even though electricity distributors said it was a stupid idea to rush.
The OEB put the concerns to the Independent Electricity System Operator, and then ordered the distributors to proceed with the mandatory plan.
The order is included in an Aug. 4 memo from the OEB to electricity distributors, released by the Ontario Conservative Party Tuesday morning. Continue reading
...and the wind developers are laughing all the way to the bank!
Domestic electricity costs in Ontario will rise by an average of eight per cent.
The Ontario Energy Board approved the increase on Thursday for homes that don’t have the so-called “smart meters.”
Homes that do have the meters — which record time-of-day usage — will be hit with more modest increases of 5.8 per cent. The distribution rate increase takes effect on May 1.
More increases are on the way as well when the province’s harmonized sales tax takes effect on July 1. Continue reading