Ontario’s “Long Term Energy Pain” ……

Posted: December 2, 2013 in Uncategorized

So there ya have it! Chiarelli’s  “announcement today” that Ontario’s Hydro rates will go steadily up no matter what the Liberals can do in the next 5 years so we had all better get used to it!

Nice “announcement”!

It’s pretty clear we are in the hands of a “rogue Government” that has absolutely no control over what it put in place over 4 years ago, namely the Green Energy Act!

So why can’t these bobble heads do something right for a change and just STOP doing anything so that we can repair the damage that seems to be a “runaway train full of misery”?

One would assume that they made “deals with the devil” and have to honour the disgusting Green contracts they have signed for over a 20 year period.

In a perfect world people like this wouldn’t be allowed to get access to our tax dollars but one must say this world is anything but perfect.

Courtesy Bing

When fraudsters get a good scam laid on their table they will cherish it like a Gollum from Lord of the Rings!

Maybe the Municipal Governments who say they represent the people will do their jobs and take back our Democracy and throw these Provincial bums into the trash basket of history!

News Release

Ontario Releases Long-Term Energy Plan

December 2, 2013

Province Presents Strategy for Clean, Affordable Energy

Ontario’s updated Long-Term Energy Plan, Achieving Balance, encourages conservation and lays out a plan for clean, reliable and affordable energy for Ontarians, where and when they need it.

The 2013 Long-Term Energy Plan (LTEP) balances five principles that will guide future decisions: cost-effectiveness, reliability, clean energy, community engagement, and an emphasis on conservation and demand management before building new generation.

Compared to the previous plan, Achieving Balance is expected to reduce projected cost increases by $16 billion in the near term (2013-2017), and $70 billion to 2030. These cost reductions will be realized even as Ontario keeps its commitment to phase out the last of its coal-fired generation by the end of 2014.

Ontario will achieve balance in the energy sector by:

  • Decreasing the need for new supply by implementing conservation programs and standards to offset most growth in electricity demand over the next 20 years.
  • Lowering costs for consumers. Compared to LTEP 2010, residential customers can expect to pay about $520 less over the next five years and $3,800 less to 2030, and industrial consumers can expect to pay $3 million less over the next five years and $11 million less to 2030.
  • Expanding Demand Response programs to help achieve a 10 per cent reduction in peak demand by 2025. This is equivalent to approximately 2,400 megawatts under today’s forecast conditions – equivalent to twice the average demand of Hamilton and Kitchener combined.
  • Making new financing tools available to consumers starting in 2015, including programs to incent energy efficient retrofits to residential properties.
  • Moving ahead with nuclear refurbishment at both Darlington and Bruce Generating Stations, beginning in 2016.
  • Extending the phasing-in of wind, solar and bioenergy for three more years than estimated in the 2010 LTEP, with 10,700 megawatts online by 2021. By 2025 about half of Ontario’s installed generating capacity will come from renewable sources.
  • Developing a new competitive procurement process with the Ontario Power Authority for future renewable projects larger than 500 kilowatts.
  • Continuing to encourage First Nation and Métis participation in transmission and renewable energy projects.
  • Issuing an annual Ontario Energy Report to update Ontarians on changing supply and demand conditions, and to outline the progress to date on the LTEP.

The new plan reflects input received from thousands of people across the province. Many individuals and organizations participated in person and online to contribute their thoughts and ideas.

Providing long-term clean, reliable and affordable power is part of the government’s economic plan to invest in people, build modern infrastructure and support a dynamic and innovative business climate.

READ MORE HERE:

Wynne Liberals to jack hydro rates 42% over 5 years

Wynne Liberals to jack hydro rates 42% over 5 years

ONTARIO PREMIER KATHLEEN WYNNE Credits: Veronica Henri/Toronto Sun/QMI Agency

TORONTO – Ontario hydro bills are headed up, up, up.

A new Long-Term Energy Plan shows that the average monthly residential bill of $125 will rise to $178 within five years a 42% hike.

Hydro bills are expected to dip slightly in 2019 to $177 a month, and then rise again until 2022 when they’ll hit $193 a month. A second decrease in prices is forecast for 2023-24 and then the trend for prices is onward and upward for the foreseeable future.

RELATED: Ontarians unhappy with Liberal spending

A decision to defer or cancel new nuclear construction, coupled with a few other initiatives to contain costs, shaved $13 off what the monthly bill would have been in 2018 if the Ontario government had implemented its last Long-Term Energy Plan.

The new plan will save hydro ratepayers $3,800 between 2013-2030, the government says.

Premier Kathleen Wynne signalled that she’ll consider income testing for the Ontario Clean Energy Benefit, which currently takes 10% off the top of all hydro bills, and that could decrease some people’s bills past 2015.

READ MORE HERE:

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Comments
  1. RE.Lowering costs for consumers. Compared to LTEP 2010, residential customers can expect to pay about $520 less over the next five years and $3,800 less to 2030, and industrial consumers can expect to pay $3 million less over the next five years and $11 million less to 2030

    >> Must be a new form of NEW SPEAK … Rates are going UP , BUT Not as HIGH as was last forecast so this MUST BE A SAVINGS !!! Or From Extremely HIGH to just Very HIGH … but what a great job we did for helping Ontario energy actual users, we are so proud !!! But I guess it will sell and be restated over and over by promoters !! Yikes

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