Go Back  British Expats > Living & Moving Abroad > Canada
Reload this Page >

Ontarians need break on hydro

Wikiposts

Ontarians need break on hydro

Thread Tools
 
Old Feb 9th 2004 | 5:56 am
  #1  
gunner
Guest
 
Posts: n/a
Default Ontarians need break on hydro

We need a break on the electricity bills, using cheap generating capacity owned by the province at Niagara Falls and at nuclear plants to offset higher-cost power from other sources.

The energy minister ( Mr Duncan ) needs to sort out a huge mess in Ontario's electricity market, where shortages have led to soaring prices and deregulation by the previous government.

The so-called "heritage power" available from plants that Ontario Power has already paid for, such as Niagara Falls and nuclear power stations, should be used to provide lower-than-market prices.

Am i the only one miffed by hydro prices?
 
Old Feb 9th 2004 | 6:10 am
  #2  
iaink's Avatar
Moderαtor Emeritus
 
Joined: Sep 2003
Posts: 30,771
From: Upstate South Carolina
iaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond reputeiaink has a reputation beyond repute
Default Re: Ontarians need break on hydro

Originally posted by gunner
We need a break on the electricity bills, using cheap generating capacity owned by the province at Niagara Falls and at nuclear plants to offset higher-cost power from other sources.

The energy minister ( Mr Duncan ) needs to sort out a huge mess in Ontario's electricity market, where shortages have led to soaring prices and deregulation by the previous government.

The so-called "heritage power" available from plants that Ontario Power has already paid for, such as Niagara Falls and nuclear power stations, should be used to provide lower-than-market prices.

Am i the only one miffed by hydro prices?

I dont think we should have some God given right to Hydro that costs us less than it costs to generate and distribute, but what pisses me off is that we end up paying off a generations worth of debt generated building the nuclear stations so that the government can sell of the newly debt free Hydro system to its friends, and then pocket the proceeds.

If they couldnt make it attractive enough to sell including the debt, then they should have either written it off themselves (in which case we pay for it anyway) or just not sold it. Deregulation has never worked anywhere else it has been tried (Alberta, UK etc.) so why did they think it would work here?

So in short we end up with the debt payment and increased Hydro costs. Great, that worked out well eh?

Iain
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Your Privacy Choices

Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.