 |
 |
|||||
|
||||||
|
Ontario Electricity News
Ontario Electricity Rates SurgeCBC News April 15, 2010Ontario electricity rates increase substantially starting May 1, 2010. The RPP rate for regular hydro meters jumps by 12% and the costs of interval metered hydro increases by 20% for the off-peak hours. "At Queen's Park on Thursday, the Progressive Conservatives said consumers are looking at a $300 a year hike to their hydro bills because of all the fees and taxes in the government's energy plans." Read about the new hydro rates |
No payoff in time-of-use conservationToronto Star March 30, 2010James Chen of Scarborough sympathizes with Laura Seddon who now realizes that Hydro's Time of Use billing is really an underhanded means of increasing hydro rates for the average consumer. The energy minister indicates that this program was not to save consumers money, but I wish he had said that the strategy was to increase rates, penalize the consumer and use a baseball bat to encourage consumers to shift usage and thereby reduce costs, hopefully to the level before the program. Read original Time of Use billing article |
Ontario Power Generation seeks hydro rate hike of 9.6%Toronto Star March 29, 2010Ontario electricity ratepayers are about to pay yet another increase on their energy bills. The Ontario Power Generation announced it is asking to raise rates next January by 9.6 per cent. The Crown agencys move comes a week after the Star revealed that a new $4-a-year tax will be added to hydro bills to pay for $53.7 million in Liberal conservation programs. Read full hydro rate increase article |
I think smart meters will cost us moreOttawa Citizen May 18, 2010Citizen columnist Kelly Egan wrote that there is a prediction of a 25% increase in the typical hydro bill in a year. Such predictions may be wildly optimistic for many users. Time-of-use metering is predicated on the falsehood that the average consumer can meaningfully change their consumption patterns. Read original article on Smart Meters |
Toronto Hydro to begin charging residential customers peak hydro rates of 9.1 cents/kWh starting June 2009National Post May 15, 2009Toronto Hydro announced yesterday that it will be charging residential customers new higher rates to use electricity when demand peaks, such as summer afternoons, and lower rates in the middle of the night, in an effort to encourage conservation and avoid brownouts. Mayor David Miller says this makes Toronto a leader in North America with over 10,000 households switching to the new "smart" meter time-of-use billing. This will increase the cost of electricity to 9.1 cents a kilowatt hour in peak times. Read original smart meter billing article |
Toronto Hydro to begin charging residential customers peak hydro rates of 9.1 cents/kWh starting June 2009National Post May 15, 2009Toronto Hydro announced yesterday that it will be charging residential customers new higher rates to use electricity when demand peaks, such as summer afternoons, and lower rates in the middle of the night, in an effort to encourage conservation and avoid brownouts. Mayor David Miller says this makes Toronto a leader in North America with over 10,000 households switching to the new "smart" meter time-of-use billing. This will increase the cost of electricity to 9.1 cents a kilowatt hour in peak times.Read original smart meter billing article |
Ontario's war on carbon predicted to lead to electricity rate increasesVancouver March 6, 2009The objective of the Green Energy Act, which turns Ontario's electricity market from a low-cost system to a whatever-it-costs regime, is allegedly to reduce the province's carbon footprint. But no carbon-reduction targets have been set or will ever be set, no doubt because it is highly unlikely any significant reductions will occur.Europe's electricity prices are also high because wind and solar require major expensive transmission grid investments. Ontario's plans appear to make such grid upgrades mandatory, with the costs passed on to all consumers. Read Original Article |
Hydro rate increases are killing jobs and hurting familiesToronto - CNW Telbec Jan 15, 2009Bob Huget, Vice-President Ontario Region for the Communications, Energy and Paperworkers Union of Canada claims that "Recent increases in hydro rates in Ontario are hitting struggling industries and consumers at the worst time in our history."He goes on to say that "Ontario workers who are facing record job losses will have to pay more for household electricity". Read Original Article |
North Bay Hydro Seeks 6.9% Rate IncreaseNorth Bay Nugget Dec 12, 2008North Bay Hydro customers could be paying more for electricity starting in May to help cover higher delivery costs and smart meter installations.He said a small business customer using 2,000 kWh per month would experience a monthly hike of 4.6 per cent, or $3.12, under the proposed increase. Read Original Article |
Tillsonburg Hydro Seeks Hydro Rate IncreaseTillsonburg News October 8, 2008Tillsonburg residents can expect to pay more for electricity next year if an application for a rate increase currently before the Ontario Energy Board is approved.Tillsonburg Hydro is applying for an increase that would equate to 17.2 per cent for a residential customer consuming 1,000 kilowatt-hours per month. It will equate to a $6.02 increase per month if the customer used 1,000 kWh monthly. Read Original Article |
Ontario Energy Board Approves 9.2% Increase in Hydro One Transmission RatesNewswire Sept 2, 2008Hydro One announced that the Ontario Energy Board (OEB) issued a decision and rate order on an application by Hydro One Networks Inc., which sought increases in the Ontario Uniform Transmission Rate Schedules. This adjustment provides for a 9.2% increase from the current transmission rates, resulting in an approximately 1% total bill impact for the typical customer.A copy of the decision is available on the OEB's website at www.oeb.gov.on.ca. Read Original Article |
Premier McGuinty Backs Niagara Tunnel Project Despite DelaysThe Niagara Falls Review July 12, 2008Big Becky is behind schedule and potentially over-budget, but the Niagara Tunnel Project is so "integral" to Ontario's electricity supply the government is prepared to pass cost overruns onto provincial electricity customers, Premier Dalton McGuinty says.The article goes on to say "It could mean an increase in electricity rates if Ontario Power Generation is deemed to be responsible for some of the overruns and if they use up the undisclosed contingency fund the provincially-owned generation company included as part of the Niagara Tunnel Project." Read Original Article |
Ontario electricity consumers may pay for Bruce Power cost overrunsTHE CANADIAN PRESS Apr. 17, 2008Critics charge that Ontario electricity consumers will be the ones paying for escalating costs to re-start a Bruce Power nuclear station, which the company now says will cost 24 per cent more than initially expected.The nuclear electricity generator said it now estimates the cost of returning two idle reactor units to service at between $3.1 billion and $3.4 billion, up from an original 2005 cost projection of $2.75 billion. |
End To Hydro Rate Subsidy UrgedToronto Star Feb. 19, 2008An environmental research group says $5 billion annually that goes toward subsidizing Ontario electricity rates should be completely eliminated over the next 10 years and instead given back to citizens in the form of an annual hydro rebate. Such a move would cause electricity rates to rise 35 per cent over that time, but the Ontario Clean Air Alliance argues that higher power costs would encourage more homeowners and businesses to conserve energy and force industry to operate more efficiently.Read Original Article |
Prepare Yourself For A JoltToronto Sun Feb. 17, 2008"Over the next two decades the government plans to allow private corporations to provide most of the new electricity we require. It also plans to allow these corporations to charge uncapped prices. This means over time electricity costs will rise as electricity prices include more and more unregulated corporate profit" said John Wilson, an energy consultant and former Hydro One board member.Read Original Article |
Government Caught In Middle Of Electricity Rate BattleToronto Star Nov. 5, 2007The government rate cap for nuclear plants and major hydro facilities such as Niagara Falls comes off on April 1, 2008… and now the province's tolerance for higher electricity rates is really going to be put to the test, as OPG served notice late last week that it will be seeking a 14-per-cent hike.Read Original Article |
Electricity Prices Could Go Up 70 Percent By 2014CITYNews.ca July 26, 2007If the province shuts down four coal-fired power plants, Ontario residents could see price hikes of up to 70 per cent.Read Original Article |
|
| Home | About Us | Residential | Small Business | Large Business | Electricity Market Overview | Contact Us | FAQs |
| Canada Energy offers the guaranteed lowest price for fixed-rate Ontario hydro. We provide price protection plan for up to 5 years at today's low rates. Our direct signup saves us administration costs and we have a NO Doorknocker policy so we don't have expensive sales staff. ©2010 Canada Energy - Your Ontario hydro supplier with guaranteed lowest fixed prices and direct web sign up Site Map Website Designed by We Think Solutions |