Energy/Natural Resources

What should be done to make Ontario electricity rates more affordable

There is far more that the Wynne government can do to help Ontarians struggling with sky-high hydro bills. But will they do what needs to be done? It will come as no surprise to Ontarians that according to a recent Nanos Research poll, the cost of hydro was the most important issue for 20.5 per cent of voters, eclipsing the usual suspects such as health care (15.1 per cent), jobs and the economy (9.6 per cent) and high...

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Is a flat rate option for hydro coming to Ontario?

  Ontario Morning News Round-up and Legislative  Agenda for Nov. 29. Ontario News Round-Up for November 29. On Monday, Ontario Energy Minister Glen Thibeault raised the possibility that consumers could opt out of time-of-use pricing for flat rates or other billing plans. Details will come in the government’s updated long-term energy plan being developed now with input from the industry and consumers. It will be released next spring, with any measures taking until after the 2018...

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What’s really behind Ontario’s rising electricity prices

Ontario's high hydro prices reflect a breakdown in the Ontario Government's electricity planning process resulting in contradictory policies that add to costs. On September 12, the Ontario Government announced in its Throne Speech that it was rebating the provincial portion of the Harmonized Sales Tax (HST) to residential and small business electricity users. The initiative is expected to cost $1 billion/yr. and is funded out of the provincial tax base. On September 15, Bill 13,...

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Bay Street and the Hydro One Sale

Of the many options available to the Ontario government to finance its $130 billion infrastructure plan, selling 60% of Hydro One is pretty much the worst. It is becoming increasingly clear that the Ontario government is making a serious mistake in its plan to sell off a majority interest in Hydro One. According to a report from Ontario’s new Financial Accountability Officer, the province will be in even worse financial shape...

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