Posted by centash on April 21, 2015 at 15:31:05 from (67.21.109.240):
In Reply to: Re: Electricity Rates posted by buickanddeere on April 21, 2015 at 11:49:44:
New nuclear has been budgeted at over 22 cents KW/h. The debt retirement charge on your bill reflects the fact that electrical energy (among many other factors) and plant construction costs were much higher than anticipated, especially with the cost overuns involving nuclear energy. Ontarioans have been paying that charge long before any current green energy came on line and we will be paying it for gosh knows how much longer. We have also been diverting power to other jurisdictions well before green power came on line, as well as receiving powwer from them during their surpluses. I fully agree with you that the green energy act, as being undertaken, is full of flaws and scandals, as most goverment programs are--remember Mulroney and Airbus as only one example--but to blame wind turbines for every increase in hydro rates is simply not considering all the factors that contribute to those increases.
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