Scott Stinson, National Post
There is a distinct whiff of futility in trying to assess the impact of Ontario’s Long-Term Energy Plan, if only because the governing Liberals have released 20-year forecasts for the province’s electricity demand, supply and costs in 2007, 2010 and again on Monday, three years after the last one.
Suggested slogan: This Time We Mean It.
But, to the extent that the government has released this version of the LTEP to celebrate all that has taken place in the energy sector in the past few years, with an eye toward championing those accomplishments during an expected spring election campaign, it is worth examining what the Liberals have to be triumphant about.
Short answer: Not much.
The document released by Energy Minister Bob Chiarelli makes conservation the government’s central energy goal, a position that is dramatically undermined by the fact the province’s regulated time-of-use residential electricity rates just jumped by 7.5% for the off-peak hours of the day. The rates increased the most, in fact, for off-peak times, which sends a strange signal when trying to convince consumers to switch their energy use to periods of low demand. Read article