Tag Archives: power bills Ontario

Parker Gallant: Ontario’s insane power exports

27 Wednesday Nov 2013

Posted by in Renewable energy, Wind power

≈ 1 Comment

Tags

, , ,

(reprinted from Wind Concerns Ontario)

Another weekend came and went and Ontario shipped 104,000 megawatt hours (MWh) to our neighbours in Michigan, New York and Quebec. Those exports were enough to provide electricity to almost 11,000 Ontario households for a full year but instead helped the buying jurisdictions hold down their electricity prices. Continuing at this pace of exporting 2,100 MWh each and every hour means Ontario will export the same amount of electricity used to power 1.8 million Ontario homes.

Those 104,000 MWh generated revenue of $2.4 million based on the average price received per kWh over the weekend (2.3 cents) but cost ratepayers in Ontario in excess of $11 million to produce. The difference of $8.6 million will find its way to the Global Adjustment (GA) pot, driving up electricity prices in Ontario. While last weekend (November 23rd and 24th) experience only amounts to about $2.00 each for the 4.5 million ratepayers, if we add that to the $8.00 for the prior two weekends, it becomes $10.00 for each ratepayer—collectively, that amounts to $50 million for power Ontario’s ratepayers never got to use but had to pay for over just six days.
Last weekend, wind turbines produced slightly over 60,000 MWh or 57% of Ontario’s exports; the costs for that production alone (minus the revenue earned) was $6.9 million. If one adds the cost of gas plant back-up of $900,000, payment for constrained wind ($150,000), and steamed off nuclear from Bruce Power ($800,000) it coincidentally comes to slightly more than the $8.6 million that went to the GA pot.
The hourly Ontario energy price (HOEP) held up (2.3 cents per kWh) better for the past weekend than the previous two, or the cost to ratepayers would have been even higher.
The Long Term Energy Plan or LTEP is due to be released Monday, December 2. If it does not attempt to turn down this insane wealth transfer from Ontario’s residential and commercial ratepayers to NY, Michigan and Quebec, then Ontarians should seriously look at exporting our Liberal politicians. I think many of us would even pay those jurisdictions to take them off our hands.
©Parker Gallant
November 27, 2013
The opinions expressed here are those of the author and do not necessarily represent Wind Concerns Ontario policy.

Ottawa economist on 10 years of power mismanagement in Ontario

23 Tuesday Jul 2013

Posted by in Health, Ottawa, Renewable energy, Wind power

≈ Leave a comment

Tags

, , , , , , , , , , , , , , , , ,

You’ve read Bob Lyman, an economist specializing in energy issues, on these pages before.

In his latest work, he has written an overview of the last 10 years of energy policy as it relates to electricity in Ontario, and come up with the very worrying conclusion: the whole thing has been grossly mismanaged.

The question now is, can Ontario ever get out of this hole? That’s tough when Ontario keeps approving big, expensive wind power projects on the order of one a week this summer, despite not having a current long-term energy plan.

Here is Bob Lyman’s latest:

Ten Years of Liberal Mismanagement of Ontario’s Electricity System

A Layperson’s Summary

On July 16, 2013, Parker Gallant, a retired banker who for about six years has written about Ontario electricity policies, wrote an article to mark the forthcoming tenth anniversary of the Liberal Party’s tenure as government of Ontario. Mr. Gallant’s article can be found at the following link:

http://www.freewco.blogspot.ca/2013/07/ontario-liberals-10-years-of.html

This article is of great importance for Ontario residents who want to understand what has been happening to electricity supply, demand and prices over the past decade and, perhaps more importantly, how they should weigh these developments as they contemplate forthcoming elections in the province. Shortly, there will be five by-elections in different parts of Ontario that may swing the balance of power in the legislature. It is also likely that there will be a general election in Ontario within the next two years.

Voters need to understand what the fuss is all about and how it affects them. Unfortunately, Mr. Gallant’s article, as wonderfully insightful as it is, might be difficult to understand for the average citizen who does not follow electricity matters on a regular basis. The objective of this note is to offer a somewhat simplified version of the story people should know. …

Read the whole document here: Ten Years of Liberal Mismanagement of Ontario’s Electricity System

Upcoming topics: what does the situation at Chatham-Kent airport (where 8 turbines have been order removed) really mean?

Please contact us at ottawawindconcerns@gmail.com

Donations welcome at PO Box 3, North Gower ON   K0A 2T0

National Post: Ontario paying a high price

11 Thursday Apr 2013

Posted by in Health, Ottawa, Renewable energy, Wind power

≈ 1 Comment

Tags

, , , , , , , , , , ,

National Post columnist Scott Stinson weighs in on Ontario’s power situation today, saying the province is paying a very high price for “green energy.”

Labelling the government’s handling of this issue as “spectacular mishandling” and an example of poor governance (we would venture to say there’s more than a dollop of misfeasance in there, too), Stinson says government actions have had a “punitive” effect on taxpayers.

And, it’s all for nothing. The Green Energy Act was created to solve a problem that didn’t exist. Ontario already had lots of “clean” power in the form of hydro and nuclear, and we did not need to create a subsidy system that had the effect of shovelling ratepayer money into the pockets of huge corporations, many of them foreign-owned.

Read the article here and pass it along to your friends and family. It’s time the voters of this province got out of the “green” fog and checked their wallets.

http://fullcomment.nationalpost.com/2013/04/11/ontario-green-energy-act/

Email us at ottawawindconcerns@gmail.com

and be sure to check for news and postings through the day at http://www.windconcernsontario.ca