Hydro costs are crippling Ontario

throw money ladder windWindsor Star
Tales of skyrocketing household hydro bills are commonplace across Ontario. And understandably everyone — even with modest bills — should worry for the simple reason that it’s only going to get worse.

Thanks to the Liberal government’s “long-term energy plan,” Ontarians can count on their electricity rates going up 33 per cent over the next three years. And within five years, the average monthly bill of $125 will rise to $178 — a 42 per cent increase

For individuals and families, it’s going to be a huge burden. But what’s sometimes forgotten is that soaring energy costs are having a serious impact on the economy. According to the Association of Major Power Consumers of Ontario, the province already has the highest industrial rates in North America. Based on 2012 power prices, AMPCO — representing almost 40 of the largest power consumers in the province — says Ontario industries pay 7.6 cents to 9.4 cents for a kilowatt hour for electricity. Read article

6 thoughts on “Hydro costs are crippling Ontario

  1. When you have articles like this one published it’s very difficult to get the whole truth out to the public.

    Hasn’t the stranded debt already been paid off but more billions were borrowed out of this fund and the public not told about this? Tack this on to Hydro bills and then add a tax to this amount?

    It’s not so much the cost of the electricity itself but all the other charges that are added on to bills.

    Higher charges that big business don’t have to pay are shifted onto all the other Hydro customers.

  2. People could use NO electricity at all and still have their Hydro bills go up.

    A tax is being charged on the “so called” OLD HYDRO DEBT. Since when should DEBT be taxable?

  3. Renewable energy producers sell their electricity to the Hydro system under long term contracts for a specified/guaranteed price.

    The Hydro system is buying unreliable sources of electricty which they in turn can not sell on the market by using long term contracts because no one will sign a contract to purchase an unreliable source of electricity when most of the time is produced when the electricity is not needed anyway.

    This surplus electricity has to be spilled for whatever buyers want to pay and sometimes given away.

  4. Then there are those who are trying to sell Ontarians the idea that if unreliable renewable energy can be stored for later sale as reliable power then this power can be sold under long term power supply contracts.

    This is where batteries, flywheels, pumped storage come in as places to gather and store unreliable energy and converted into reliable sources of electricity for later sale.

  5. Here is an example of wind energy litigation over production issues:

    U.S. Securities and Exchange Commission
    Form 10-K
    Fiscal Year Ending Dec.31.,2013 & Filed Feb.24,2014
    NextEra Energy
    P.119
    The petitioner alleged that NEER affiliates had contractual obligations to produce and sell to TXO a minimum quantilty of energy and renewable energy credits each year from 2002 through 2005 and that NEER affiliates failed to meet this obligation.
    Case still in court with no decision.
    http://www.sec.gov/edgar/searchedgar/companysearch.html
    Enter: NextEra Energy and follow the links to the Form 10-K

  6. Even if there is a reliable source of power such as hyro electric serious transmission problems can arrise due to sever weather events and North America has some of the most violent weather in the world. See Manitoba Hydro for their information on this subject.

    European countries are small and don’t require thousands of miles of transmission lines.

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