Ontario, the province that used to lead the country in hydro electric power having harnessed the wonder that is Niagara Falls, is now looking to put residents into energy poverty in the pursuit of their green energy goals.
On Sunday November 1, electricity prices in Ontario went up by 3.4 percent, the latest in a long line of price hikes and it's going to get worse.
On January 1 the Clean Energy Benefit, a ten percent discount given to quell voter anger will expire meaning another ten percent price hike. And who can forget Energy Minister Bob Chiarelli musing back in December 2013 about prices rising by 42 percent over the next three years.
When the Liberals took power in Ontario in 2003 the price for electricity before adding delivery and debt charges, was 4.3 cents per kilowatt hour. It is now 17.5 cents per kilowatt hour at peak times which means when you run your coffee pot in the morning, turn on the light to get out of bed or when you cook your dinner. If you can put off all of that until after 7pm, you can get the price down to 8.3 cents, before adding the never ending list of other charges like delivery and debt.
Why does it cost so much? We have a surplus of power in the province, with Ontario regularly selling power at a loss to New York State.
Well part of it relates to increasing costs at Ontario Hydro’s nuclear and Hydro electric plants, then there is the albatross that is the wind and solar contracts that were signed to make Ontario green. They said if we changed to high efficiency appliances, energy efficient light bulbs and the like that our bills would go down? That was the promise.
As I keep pointing out, the more we save, the higher the bills go, once again proving that green energy leads to poverty for regular people.
JOIN TheRebel.media for more fearless news and commentary you won’t find anywhere else.
VISIT our NEW group blog The Megaphone!
It’s your one-stop shop for rebellious commentary from independent and fearless readers and writers.
Ontario will end up like Greece unless the reckless spending and borrowing stops!
SIGN THE PETITION to restore fiscal sanity: OntarioNotGreece.ca