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Aug 22
2010

Is The Green Energy Act Raising Ontario Hydro Prices?

Posted by: Justin Cummings

Tagged in: Untagged 

In today's Ottawa Citizen, Don Butler writes about increasing hydro rates in Ontario, and how these hikes may be due in large part to the Green Energy Act and more specifically, the FIT and microFIT programs.

In the article, which you can read here, he quotes a consultant named Tom Adams who is "livid" about the price increases, and that people "should be outraged". Adams views the Green Energy Act as the main culprit, calling it "outrageous".

But Tom Carpenter, a research associate at Queen's University's Institute for Energy and the Environment, feels differently. He disregards these claims and believes that renewable energy represents a tiny fraction of the province's generating capacity, and that prices will drop and economies of scale will kick in as the program takes shape.

Full details are available at the link above. It's hard to judge who is right or wrong in this ever-changing industry, but we like to believe that time will show renewable energy, the Green Energy Act, and the FIT programs in a favourable light - not as the villains in Ontario's energy fairytale, but as the pioneers and heroes.

Think Clearly!


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