Ontario’s Industrial Wind Turbines dig Deep into Ratepayer’s & Taxpayer’s Pockets

May 7th was a typical Spring Day in Ontario with a relatively mild but windy day and we should be pretty sure IWT (industrial wind turbines) owners loved it!

Ontario’s “peak demand” occurred at hour 20 (ending at 8 PM) reaching only 14,439 MW (megawatts) and that demand could have easily been supplied by nuclear and hydro which at hour 21 generated 14,353 MW.

Over the day the Independent Electricity System Operator (IESO) accepted 26,259 MW of wind generation and curtailed about 36,200 MW meaning the almost 4800 MW capacity of IWT could have delivered around 62,300 MW (54% of capacity).  Coincidentally the foregoing accepted and curtailed IWT generation was only slightly more than was sold off to export markets with about 34,500 MW to Michigan and the bulk of the remainder to NY and Quebec.

The buyers of that surplus generation got a great bargain as the average HOEP for the day was 0.50 cents/MWh meaning the total revenue generated from the sale of the 62,300 MW was a miserly $31K! The buyers know when the wind turbines are spinning and when to buy our very cheap surplus and unneeded power!

To put the foregoing in perspective let’s look at what it cost the Ontario ratepayers/taxpayers. What Michigan, NY and Quebec paid and what we received was rather shocking. Under the terms of those IWT contracts we pay IWT generators $135/MWh for accepted generation and $120/MWh for curtailed generation!  Effectively that means they received about $7,877,000 for the accepted and curtailed generation or $299.97/MWh yesterday for grid accepted generation which is 0.30 cents/KWh (kilowatt hour)!  So, we were billed the foregoing for unneeded IWT generation and the principal buyer of the surplus was Michigan who are dependent on fossil fuels for about 70% of their generation! So nice of us to help them out when their Governor, Gretchen Whitmer, is actively trying to shut down Line 5 which provides us Ontarians and Quebecers with propane and other fossil fuels!

If IESO disclosed hydro spillage and the cost of idling gas generators (required to back up the unreliability of IWT and solar panel generation) rest assured the cost of the generation for May 7th would be even higher than the cost noted in the above paragraph!  

It sure would be nice if the buyers of our surplus generation at those bargain basement prices rewarded us with “Clean Energy Credits” (CEC) so we could recover a little bit of the costs. We should assume seeking CEC for subsidization of sales of Ontario’s clean surplus power to our neighbours would entail our politicians doing some serious negotiations to help stop the impact on our continually climbing energy costs.

We shouldn’t count on the foregoing to happen with the present government in Ontario or the other two main parties running in opposition to them!

Are Premier Ford and PM Trudeau Aware of the Big Stick they Hold to Stop Michigan Governor Whitmer Shutting down Line 5?

   

Lorrie Goldstein of the Toronto Sun wrote a great article about how Premier Doug Ford is sucking up to Trudeau’s “woke” followers in order to win their vote in the upcoming Ontario election. The article described ways Ford and Trudeau have agreed on several different issues. One of those was to fight the efforts of Michigan Governor, Gretchen Whitmer and her push “to shut down Enbridge’s Line 5 pipeline under Lake Michigan and Lake Huron, which carries light crude oil and natural gas liquids, the closure of which would damage both the Canadian and Ontario economies.”

The fight with Michigan has been going on since November 2020 when Governor Whitmer ordered it shut down.  Enbridge, supported by the Trudeau and Ford led governments successfully fought the order, pointing to a long-standing agreement between the US and Canada in respect to cross-border pipelines.  Despite the prior win by Enbridge, Governor Whitmer has recently decided to try again using a different tactic which on the surface looks wimpy.  We should all find it humorous that even our past and present “net-zero” advocates; Wilkinson and Guilbeault as Ministers of the Environment and Climate Change, support Enbridge, according to an interview reported by SARNIA News Today!

What is not understandable is why the Ontario Ford led government didn’t use the big stick at their disposal. If Doug Ford looked at IESO’s “Annual Imports and Exports by Destination” he would see that Ontario over the past ten (10) years has supplied Michigan with about 10% of their annual consumption according to the Michigan energy profile. That (approximately) 10% is supplied at prices that would make Ontario’s ratepayers and taxpayers jump for joy if they could keep it!  During those 10 years we have supplied Michigan with 87,174 GWh (gigawatt hours) at bargain basement prices. Over those 10 years in almost every hour we provide them with 1,000 MWh or more of our “non-emitting” electricity allowing them to both save money and reduce emissions while we Ontarians are forced to absorb the subsidy.

As an example the HOEP in 2021 reported in IESO’s Year in Review  was 2.85 cents/kWh and that year we exported 8,482 GWh to Michigan (49.3% of all exports). In 2020 we exported 9,835 GWh or 48.4% of all exports (about what 1.1 million average Ontario households annually consume) to Michigan when the HOEP was 1.39 cents/kWh. The cost to Michigan for 2019 was just under $137 million for our power resulting in Ontarians absorbing costs of approximately $1.026 billion.  

Another very recent example was April 30th and May 1st when Ontario demand was relatively low with demand on April 30th peaking at 14,446 MW and on May 1st peaking at 15,255 MW.  Nuclear and Hydro would have had no problem providing most of that power for either peak.  What happened on both those days was atypical of our Spring and Fall seasons when the wind blows. On the 30th IESO reported IWT (industrial wind turbines) grid connected generation of 40,185 MWh and on May 1st it was 31,115 MWh. Additionally, it appears IESO also curtailed about 8,300 MWh on April 30th and 28,700 MWh on May 1st!    

The combined cost of the two days for grid accepted IWT generation plus the cost of the curtailed IWT generation was approximately $14.065 million. Needless to say, with low demand we were busy exporting power and 68,890 MWh of it went to Michigan.  Michigan had to ante up $146,000 on April 30th paying 0.0425 cents/kwh and 0.0823 cents/kWh ($284,000) on May 1st resulting in us generous Ontario ratepayers/taxpayers picking up a subsidy of $13.9 million over the two days.

It is also worth noting that approximately 65% of Michigan’s electricity generation is produced with fossil fuels and coal generation represents almost half of that generating about 30% or 30,000 GWh annually!

So, the question is, do we blame it on the senseless IWT contracts the McGuinty/Wynne government signed with “first-to-the-grid” rights or the Ford government for doing absolutely nothing to amend those contracts since being elected? 

Without the latter Governor Whitmer’s Michigan ratepayers are simply enjoying the benefits so; why doesn’t the Ford Government instruct IESO to stop using the intertie lines with them until she agrees to stop pushing for closure of Line 5. Paying for all the unneeded wind and curtailing it might actually cost us Ontario ratepayers/taxpayers a little less! 

The time has come for Ford and Trudeau to use the Big Stick!

NB: It is worth pointing out that Michigan has 320,000 households who use propane for heating and other purposes and they laid out a plan that will ensure their supply is not impacted if and when the Line 5 pipeline is shut down.  The plan doesn’t mention how others like Ontario, Quebec and neighbouring states will handle the loss of propane however.  The plan is dated November 3, 2021 so it is obvious Whitmer is determined to shut Line 5 down.   Link to plan: https://www.michigan.gov/mpsc/-/media/Project/Websites/mpsc/consumer/propane/MI_Propane_Security_Plan_Overview.pdf?rev=90d4da17bbfb482a96fec64e2201b6c9

Earth Day and Industrial Wind Turbines Don’t Co-operate

The eco-warriors in Ontario and around the world just celebrated the fifty-second (52nd) “Earth Day” on April 22, 2022 and those IWT (industrial wind turbines) in Ontario failed to co-operate! It seemed as if they would, as at the 12 AM hour (ending at 1 AM) they generated 2,060 MWh or just over 43% of their capacity but that hour was their highlight of the day. For many of the following hours their generation fell and at hour 13 (hour ending at 2 PM) their generation was a miserly 197 MWh or about 4% of their capacity.  In total for the full day, IWT generated 21,647 MWh while our grid operator, IESO, was busy selling off our surplus 44,944 MWh to our neighbours, principally in Michigan with some to NY and Quebec.  What that suggests is all of the IWT generated power was surplus to our needs and served to ensure the price paid by our neighbours was miniscule averaging 1.57cents/kWh for the first six hours and 2.8cents/kWh for the full day. If the full 21,647 MWh of wind generation was all included in what IESO sold off the net cost to Ontario ratepayers and taxpayers for just the unneeded IWT generation would be about $2.5 million. Peak demand in Spring tends to be relatively low and it occurred in hour 20 reaching 15,672 MW in a 5-minute interval.  Unfortunately for ratepayers and taxpayers in Ontario, Spring is the season IWT generate the most energy.

As darkness descended those promoting “Earth Day” push the population to turn off their lights and anything else consuming power but it appears very few did so as consumption during darkness in hour 21 (hour ending at 10 PM) remained near its high dropping less than 4% which is normal and occurs most days.

The Day after Earth Day

We should be sure those eco-warriors would have loved what happened just one day later when the wind was blowing for the whole day as it frequently does in the Spring.  Peak demand for Ontario occurred at hour 20 once again but at only 14,622 MW which nuclear and hydro could have easily provided. Despite the foregoing wind took precedence due to its “first-to-the-grid” rights so one should suspect OPG spilled hydro and perhaps Bruce Power steamed-off nuclear and we will pay for both. 

The IWT were humming throughout the day and generated 60,235 MWh and appear to have curtailed about 3,800 MWh. During the day, IESO were busy selling off our surplus generation of 68,561 MWh to our neighbours in Michigan, Quebec and NY at the bargain basement price of the HOEP at $4.37/MWh meaning revenue from those exports was only $300K.  We ratepayers/taxpayers however were billed with $8.132 million for the IWT generation and another $456K for what was curtailed and picked up the balance of $8.288 million, allowing for the $300K recovery. 

One should note the coincidence between what was exported and collectively generated and curtailed by IWT on April 23rd as they are almost equal.

The total costs to Ontario ratepayers and taxpayers; in excess of what they paid for the electricity they utilized for “Earth Day” and the following day, comes to $10,788,000 or just over the cost of a large “Timmie’s” coffee per ratepayer; as a former Minister of Energy would suggest.

We ratepayers/taxpayers are paying for far too many “Timmie’s” coffees and not even getting a “thank you” from the politicians responsible for running the Energy Ministry!

Time for them to fix the mess!

Ontario’s IWT Companies Celebrate a Great Good Friday

Yesterday April 15th was Good Friday, an official holiday and most businesses were closed.  What that means is energy demand was low as is often the case during most Spring days. As it turned out peak demand occurred just before supper time during the 5 PM hour and was only 14,292 MW which Ontario’s nuclear and hydro facilities could have easily provided.

The day was also pretty windy with some sunny periods sprinkled in, meaning both of those energy sources were generating power.  The foregoing is particularly noticeable from the IESO’s (Independent Electricity System Operator) Data and Capability Report for the day as it clearly indicates the wind was blowing and those IWT (industrial wind turbines) were generating lots of unneeded electricity.  It is also obvious much IWT generation was also being curtailed. 

The amount of IWT generation accepted into the grid was just shy of 53,000 MWh and curtailed generation was about 32,500 MWh.  Collectively at a cost of $135/MWh for what was accepted plus the $120/MWh for curtailed wind; we ratepayers are obliged to accept (first to the grid rights embedded in the contracts), the costs came to approximately $11,060,000 for both.  If that happened every day in a year the cost would be in excess of $4 billion for unneeded power.

As noted above because peak demand was low and generation was much higher than needed, IESO were busy selling (actually giving it away) it to our neighbours in Michigan, NY and Quebec to avoid blackouts.  The exports for the full day amounted to just over 64,000 MWh and those were sold for the average HOEP (hourly Ontario electricity price) of $1.11/MWh.  If one rightly assumes the exports were all either IWT generated electricity or occurred because of IWT generation (plus 1,900 MWh of solar); the cost of what was exported was about $217.00/MWh making the cost to us Ontarians over $13 million for just one day.

This continuing mess was created by the Ontario Liberal Party during the McGuinty/Wynne era, is being expanded on by the Federal Liberal Party under Justin Trudeau and the Ontario Conservative Party under Doug Ford has done nothing to stop it!

We need politicians to admit and recognize the push for “net-zero” and the “green economy” will destroy the Canadian economy and drive people into energy poverty as just one Spring day in the life of Ontarians demonstrates.

Marc Patrone Show on Sauga 960 AM Radio April 14, 2022

First my apology for forgetting to let you all know Marc invited me on his show today so you could tune in and listen live!  Nevertheless, that forgetfulness was of benefit to me and the following suggests why.

As a result of my forgetfulness, I decided to listen to the full podcast and discovered he had Dan McTeague, the Gas Price Wizard on, starting at 34:00 right through to 1:05:30. As Dan is a former Liberal Member of Parliament, he had much to say about the current party led by Trudeau as well as chatting about EV (electric vehicles) and the fact they are not environmentally friendly no matter what we are told.  They also got into discussions about the current leadership race in the Conservative Party.  So glad I tuned it!

Right after Marc said goodbye to Dan none other than Jocelyn Bamford, who founded the CCMBC (Coalition of Concerned Manufacturers & Businesses of Canada) was his guest and they covered issues such as the possible Liberal adjudication of a “truck tax” and its potential harm to the Canadian economy.  They also talked about the “censorship bill” currently under discussion and other issues. All good stuff!

The Jocelyn/Marc chat finished at 1:23.20 and mine followed right after.  Marc and I talked about the Ontario Ministry of Energy’s plan to instigate another time-of-use rate to help out all the EV owners in the province, the buildout of charging stations by us taxpayers as well as closing down Canada’s remaining coal generation electricity plants and the potential cost. We hit a few funny spots along the way.

Listen to the podcast here:

Ontario Minister of Energy’s Plan Will Save TESLA Owners 25 Cents Per Day

Many of us here in Ontario will remember back in late 2013 Bob Chiarelli Minister of Energy, shortly after a legislative justice committee investigating the cancellation of the TC Oakville gas plant; told reporters the cost’s claiming; “It’s less than a cup of Tim Hortons coffee a year.” The final cost of the cancellation turned out to be in excess of $1 billion but if you do the math over 20 years he probably wasn’t lying!

Fast forward just a bit over eight years later and the current Ontario Minister of Energy, Todd Smith seems intent on adding another TOU (time-of-use) pricing mechanism to reduce your rates; if you happen to drive an EV (electric vehicle) or are a shift worker. The OEB (Ontario Energy Board) provided him with the report he was presumably looking for with some input from IESO! The report did note risks and this one should be of some concern: “A Low Overnight price design may result in more EV owners charging at home and may overload the electricity distribution grid in residential areas, resulting in blackouts and costly upgrades

If the proposed price plan announced in the April 12, 2022 press release becomes a reality, you can charge your EV for only 2.5cents/kWh between 11 PM and 7 AM seven days a week while the current peak rate of 17 cents/kWh will climb to 25 cents/kWh or 47%.  Reputedly this additional TOU option will save those who charge their vehicles $90 annually or 25 cents per day which will be sufficient to purchase a medium sized “Timmies” each week!  One would have thought those purchasing an EV could afford the extra cost of charging their EV at the existing off-peak rate of 8.2 cents/kWh particularly as they receive a $5K grant (our tax dollars) from the Feds.

The purpose behind the rate reduction for EV drivers appears as an attempt to both reduce our night time surplus and entice people to purchase an EV as the Ford government has been handing out our tax dollars to Ford, General Motors and others to ensure they manufacture some of those EV in Ontario.  Our night time surplus electricity is sold off at the HOEP (hourly Ontario energy price) to our neighbours in NY, Michigan and Quebec and due to ongoing nuclear refurbishment has not been as high as it used to be.  The result of the latter is the HOEP has climbed from its low of 1.39 cents/kWh in 2020.  As examples, the off-peak HOEP averaged 3.9 cents/kWh in January, 3.5 cents/kWh in February and 3.4 cents/kWh in March of this year or slightly more than the 2.5 cents/kWh now (perhaps) to be offered to people owning EV.  

Based on 2021 sales of automobiles in Ontario it appears the prime objective is aimed at trying to justify the hundreds of millions of Ontario tax dollar grants to the manufacturers of EV and some of their related parts.  2021 new motor vehicles sold in Ontario were 496,529 of which only 9,949 were EV representing 2% of total sales. 

What the foregoing suggests is, to achieve the targets set by the federal government; ie; “half of all new passenger cars sold in Canada to be zero-emission vehicles by 2030, and reach 100% by 2035” appears to be a pie in the sky dream!

Despite the above however, we should hope the IESO, OEB and Ministry bureaucrats pay attention to the EV penetration in Ontario before we are faced with the potential “blackouts and costly upgrades” or Minister Smith’s legacy will be similar to that of Chiarelli’s but only for 25 cents per week!

Wind Generation is Up and Down like the Proverbial Toilet Seat and China’s Emissions in Two Years Increased by More than Canada’s Total Emissions

As noted in an article from a couple of days ago the wind on March 31st was blowing like crazy but two days later it had wimped out.

On March 31st IWT (industrial wind turbines) generated about 88,000 MWh and curtailed another 3,100 MW.  Generated and curtailed IWT combined; is about what 3 million average Ontario households would consume in one day.  Fast forward two days later to April 2nd and those IWT generated only 7,000 MWh or about what 230,000 households would consume.

Quite the difference and clearly displays the “intermittent” and “unreliability” of IWT to be counted on to even keep the lights on in most households!  Thankfully Ontario’s hydro and natural gas generation were available to fill the gap during wind’s absence.

The other positive effect of those IWT failures was Ontario’s HOEP (hourly Ontario energy price) averaged above $50/MWh so just shy of what is paid for hydro generation whereas on March 31st we were basically giving away surplus power to our neighbours who pay the HOEP price which was $16.46/MWh.

Politicians and bureaucrats should invoke warning labels when promoting IWT similar to those found on various products we consume which would read; “WARNING: industrial wind turbines may cause blackouts”!

China’s emissions and their economy grew in both 2020 and 2021

The Manhattan Contrarian today had an article dealing with a report from the IEA (International Energy Agency) which referenced China and carried the following quote: China’s CO2 emissions increased by 750 Mt over the two-year period between 2019 and 2021. China was the only major economy to experience economic growth in both 2020 and 2021“.

 In visiting the IEA website the press release associated with their report went on to state: “The emissions increases in those two years in China more than offset the aggregate decline in the rest of the world over the same period. In 2021, China’s CO2 emissions rose above 11.9 billion tonnes, accounting for 33% of the global total.

To put the foregoing in context to Canada’s emissions; just the increase in China’s emissions in those two years was 20 MT more than Canada’s total emissions in 2019. 

The IEA press release went on to say: China’s rise in emissions resulted largely from a sharp increase in electricity demand that leaned heavily on coal power. With rapid GDP growth and additional electrification of energy services, electricity demand in China grew by 10% in 2021, faster than economic growth at 8.4%. This increase in demand of almost 700 TWh was the largest ever experienced in China.

To put some context on the above another IEA report claims Canada generated 640.8 TWh in 2020 which is less than the 700 TWh China’s demand grew generated mainly from coal!

What the above clearly enunciates is that Canada’s move to net-zero is simply a means of penalizing our economic well being due to the whims of the current Trudeau led government supported by the Singh led NDP!

We should ask. why are those two so intent on harming Canadians by their inane beliefs and push to achieve net-zero emissions using unreliable and intermittent renewables?

Expensive Renewables get Priority over Cheap Renewables-Why?

March 31, 2022 demonstrates how Ontario’s Spring weather frequently treats us ratepayers badly, irrespective of “climate change” or that net-zero 2050 target!

As it turns out the wind was blowing as it frequently does when Spring arrives in Ontario and it proved hurtful due to the favoured treatment granted to IWT (industrial wind turbines) for their generation.  For ten (10) hours IWT delivered more generation to Ontario’s electricity grid than our hydro capacity did. That seems odd as during the Spring the water is flowing as the snow melts and supplies our creeks, rivers and lakes with lots of water to run the many hydro dams evident throughout the province.  

On examination of the daily IESO generation output one notes for 5 of the 10 hours wind out-generated hydro in the middle of the night. During the same hours it appears that wind’s generation was also being curtailed (about 3,100 MWh) and it sure appears hydro was being spilled.  During those 5 hours the HOEP (hourly Ontario energy price) averaged $4.80* a MWh or 0.48 cents/kWh and our neighours in Michigan were scooping it up.

Collectively we sold Michigan net exports (exports minus imports) of 35,524 MW over the full 24 hours for the bargain basement price of $16.46/MWh or 1.65cents/kWh so we earned $584,725 which sure didn’t come close to its cost.  If what was sold was all generated by those IWT it would have cost ratepayers $4,796,000 and if one included curtailed wind the total cost would have been almost $5,168,000 or $145.48/MWh without including any costs for spilled hydro*. So, the net result of March 31st generation was an additional cost of $4,583,000 for those exports without including associated costs of the spilled hydro.  

So, during Spring while those IWT are chopping up migrating birds and bats, creating noises harming people and animals living close to them they are also adding costs to our daily living! 

We are doing the harm with technology eco-warriors tell us is cheap, abundant and beneficial but what we experienced in Ontario yesterday is atypical of our Spring and Fall seasons and is anything but cheap or beneficial and most often abundant when unneeded.

Unfortunately, the eco-warriors have convinced our Federal and Provincial politicians doing this will save the world from climate change! 

How dumb do they think we are and why are the politicians allowing IWT generation to take precedence over low-cost hydro?

*IESO fails to tell us when hydro is spilled or it’s associated cost nor do they disclose how much wind generation is curtailed and paid for. It’s time for full disclosure by IESO!

A Spring Like Day March 6, 2022 and Ratepayers were Wind Whipped

Yesterday brought Ontario an early spring day with temperatures reaching the low teens in much of the province.  The day was coupled with sunshine and lots of wind which cranked up those IWT (industrial wind turbines) spread throughout Ontario’s rural landscape.  The unfortunate part of that latter generation is the fact it wasn’t needed! When Ontario has those warmer spring and fall days electricity demand is often at levels where nuclear and hydro can easily supply all the electricity we need. 

As it turned out wind generation IESO accepted yesterday reached 68,900 MWh and about 18,500 MWh were curtailed because nobody needed it.  Despite the foregoing IESO were busy doing what they could to give it away or sell it off to our neighbours in NY, Michigan and Quebec.  Because it wasn’t needed the average HOEP (hourly Ontario energy price) averaged a piddly $13.48/MWh for the full day and for the first 16 hours we gave it away earning 0.00 for every MWh IESO sold/gave away to those neighbours.

If one totes up the cost of the IWT generation accepted ($135/MWh) into our grid and what was curtailed ($120/MWh) you are looking at a cost over those 24 hours of approximately $11,522,000.  Over those same 24 hours we exported 54,800 MWh at the aforementioned $13.38/MWh meaning we generated revenue of $739,000.  If we deduct the latter from the total (grid accepted and curtailed) of what those IWT cost us it means the net cost becomes $10,783,000 assuming IWT supplied all of the exported power. 

If we go one step further and conclude of the 68,900 MWh generated by those IWT, 54,800 MWh were exported we are looking at a cost of $764.75/MWh or 76.5 cents/kWh for what was consumed (14,100 MWh) by Ontario’s ratepayers. The conclusion is; the only thing “green” about IWT generation is the amount of money it extracts from the pockets of Ontario’s ratepayers and taxpayers.

Promise Made, Promise Missed by a Country Mile

Lorrie Goldstein of the Toronto Sun recently penned a great article utilizing facts emanating from a February 16, 2022 report released by the FAO (Financial Accountability Office of Ontario).  Goldstein’s article took the factual information from the FAO report and pointed out how, when Doug Ford was campaigning back in 2018, he promised to reduce electricity bills by 12% but failed to do so based on the FAO report. Lourie neatly referenced it as a “stretch goal”, a term made famous in Ontario by former Premier Wynne.  Wynne had promised a 17% reduction goal in electricity rates but when she was unable to do that, she referenced it as one of the Ontario Liberal Party’s “stretch goals”.

The article and the FAO’s report inspired me to review my bill from April 2018 and compare it to the bill I had just received from Hydro One.

I first compared the actual cost of the “electricity” line and discovered back in May 2018 the calculations using my bill indicated it averaged 8.4 cents/kWh (kilowatt hour) whereas my recent bill averaged it at 8.94 cents/kWh. That clarified that the cost of the actual electricity consumed increased by 6%.  Further calculations including “delivery” and “regulatory” charges less the discounts; which in 2018 was the 8% provincial sales tax had accelerated under the Ford led government to become a 14.9% discount on my recent bill. The 2022 discount meant the bottom line per kWh costs were 13.8 cents/kWh versus 16.6 cents/kWh in 2018 representing a 16.8% reduction.  At first glance it appears Ford’s “promise made” was a “promise kept” but this is where the FAO report calls him out.

The FAO report in part 3. highlighted as, “Energy and Electricity Support Programs” lists and itemizes the relative costs of the nine (9) subsidy programs grossly expanded on by the Ford led Ontario Government. It concludes those subsidies will total $6.9 billion!

The foregoing $6.9 billion is being absorbed by taxpayers! Interestingly enough the electricity subsidies represent 52.7% of the Provincial deficit forecast in the Province of Ontario’s February 14, 2022 “Third Quarter Finances”. That forecast indicated we Ontarians can look forward to a provincial deficit of $13.1 billion for the year ending March 31, 2022!

If one does the simple math ($6.9 billion divided by 150.5 TWh [terawatt hours] of grid connected generation less imports) to how much, per kWh, the $6.9 billion represents; it is about 4.6 cents/kWh. That 4.6 cents/kWh added to the 13.7 cents/kWh brings the actual current costs to 18.3 cents/kWh. That means actual costs in the past four (4) years increased by 10.2% suggesting Ford’s promise to reduce electricity costs missed his promise by 22.2% or an average of 5.5% per year.

Promise made and promise missed by a country mile!  PS: Stay tuned for further concepts related to other potential juggling involving the Energy Ministry