Ripping Up Renewable Energy Contracts Will Cost Ontarians Money, Jobs And Their Environment

“We’re calling on (Ontario Premier Doug) Ford to put a pause on cancelling these contracts until we know just how much it’ll hurt.”

A News Release from Ontario’s New Democratic Party

Posted July 13th, 2018 on Niagara At Large

Toronto, Ontario – NDP Energy critic Peter Tabuns says Doug Ford’s latest attack on the environment – ripping up 758 renewable energy contracts – could cost thousands of jobs, hundreds of millions of dollars, and damage the quality of the air and water in Ontario.

“It’s Kathleen Wynne’s gas plants scandal all over again,” said Tabuns. “People don’t want to see our beautiful lakes get dirtier and our air get smoggier, and they absolutely do not want to pay extra to watch that happen.

“We’re calling on Mr. Ford to put a pause on cancelling these contracts until we know just how much it’ll hurt.”

The Ford Conservative government claimed Friday that it would pass a law to prevent the huge penalties and costs associated with ripping up 758 contracts from being added to hydro bills – which means that those costs would be covered by all Ontarians, either through higher taxes or cut services.

“Mr. Ford’s war on science and the environment may be pleasing his friends in back rooms, and fulfilling promises he made to social conservatives that supported his election bid,” said Tabuns. “But for the rest of us, it’s going to means lost jobs, billions of dollars wasted, and tangible environmental damage.”

A Note from Niagara At Large – This now in, a media release from Ontario’s new Ford government on this matter –

Ontario to Cancel Energy Contracts to Bring Hydro Bills Down

Keeping election promise will save $790 million to help lower electricity bills

July 13, 2018

Ministry of Energy, Northern Development and Mines

TORONTO — Ontario ratepayers will benefit from $790 million in savings thanks to the Government of Ontario’s decision to cancel and wind down 758 renewable energy contracts, Minister of Energy, Northern Development and Mines Greg Rickford announced today.

“We clearly promised we would cancel these unnecessary and wasteful energy projects as part of our plan to cut hydro rates by 12 per cent for families, farmers and small businesses,” said Rickford in making the announcement. “In the past few weeks, we have taken significant steps toward keeping that promise.”

All of the cancelled projects have not reached project development milestones. Terminating the projects at this early stage will maximize benefits for ratepayers.

Rickford also confirmed that the government intends to introduce a legislative amendment that, if passed, will protect hydro consumers from any costs incurred from the cancellation. Even after all costs are accounted for, ratepayers can expect to benefit from $790 million in savings from this one decision.

“For 15 years, Ontario families and businesses have been forced to pay inflated hydro prices, so the government could spend on unnecessary and expensive energy schemes,” said Rickford. “Those days are over.”

Background Information

Large Renewable Procurement and Feed-In Tariff Contracts

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“A politician thinks of the next election. A leader thinks of the next generation.” – Bernie Sanders

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One response to “Ripping Up Renewable Energy Contracts Will Cost Ontarians Money, Jobs And Their Environment

  1. Catherine Mitchell

    Wind turbines produce 28% of nameplate capacity. Solar comes in at 14%. This is the biggest scam we have been dragged into in Ontario. We buy hydro power from Quebec and run water over Niagara Falls. The provincial debt is $332 billion dollars. Don’t tell the millennials because this debt has been downloaded on them.

    Like

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