So here’s just one more downside of the Green Energy Act and Ontario’s blind stupidity in pushing Wind Turbines down our throats without any oversight!
When Wind Turbines produce excess power, which they most often do as we have sufficient supply without them, then that power must be purchased at inflated prices from the Wind companies and then EXPORTED to the U.S. or other destination for a much cheaper price, sometimes up to 3 times cheaper under the Green Energy Act regulations.
What happens in the long run with this insane punishing marketing of our power is to give a HUGE advantage to the U.S. companies that purchase it and help them lower their overhead so they not only can “compete” with our industry but also makes their industry much more attractive for companies to relocate from Ontario to the U.S..
In other words, we are paying the U.S. to take our industry from us!
Just to rub salt in our wounds the difference in price that the U.S. pays and the price paid out to the Wind Companies is added directly to OUR Hydro Bills!
In order to understand the full import of this news story, it will be key to have read some of Parker Gallant‘s articles in the past, in which he documents Ontario’s exports of cheap power to neighbouring states such as New York and Michigan. The reason we have power to export is the first-to-the-grid wind is produced at night and in the spring when we don’t need it. And what are the neighbours doing with that cheap power? Read on.
Like other local industrial leaders, Northern Cables recently received a brochure from a jurisdiction in upstate New York that touched on a topical issue.
“They do extol the advantage of lower electricity rates in that area,” said Northern Cables chief executive officer Shelley Bacon.
It’s a pitch St. Lawrence County is actively making along the Canadian side of the St. Lawrence River, but an economic development official there said Thursday the overtures do not amount to “poaching.”
The recent brochure is not the first advance by other jurisdictions promising a better deal on power for Brockville-grown Northern Cables. And while it’s not something Bacon likes to think about, he can also not afford to disregard Ontario’s escalating hydro costs.
“In the last, short period of time, electricity has shot up a ladder in terms of importance to this company,” he said.
While he is not now thinking of moving any business across the border, Bacon suggested that staggering hydro increases anticipated in the coming years might force him to choose between growing the business in Brockville and moving some of that business across the river.
That’s not a threat, said Bacon. It’s an economic reality felt by businesses across Ontario in the wake of the provincial government’s newly-released long-term energy plan.
Brockville economic development director Dave Paul has referred to the power-themed American lure brochures as “poaching.” It’s not a label Tom Plastino, deputy CEO of the St. Lawrence County Industrial Development Agency, considers accurate.
He said he is not trying to get industries to uproot their shops, and adds people in his line of work are wary of “carpetbagger companies” in any case.
“Our attitude has always been that Canadian businesses who want to put branches in the U.S., well, they don’t have to look too much further across the river,” said Plastino.
The longtime economic developer has been talking to Canadian companies for as long as he can remember, and has lately been promoting his state’s lower power rates to firms in the Kingston-Ottawa-Cornwall triangle.
He acknowledges the recent brochure mail-out is in response to the “sticker shock” Ontario firms are feeling in the wake of the province’s energy policy announcement.
The literature is aimed at firms that need a U.S. presence, such as a branch plant, to reach the American market, said Plastino.
“We’re capitalizing on the visibility of power rates right now.”
Plastino adds he has had some responses, but nothing firm.
Other upstate officials also reject Paul’s accusation.
“‘Poaching’ is a word I wouldn’t use, unless of course you were doing it,” joked Fred Morrill, a St. Lawrence County legislator and chairman of its finance committee.