Explaining the Electricity Sector in Ontario
In Ontario, electricity consumers have a choice of how they pay for their energy. Exercising that choice is a gamble that may wind up costing you dearly. By default most customers will pay for energy in accordance with the Regulated Price Plan (RPP) which is managed by the Ontario Energy Board (OEB). Alternatively, customers may […]
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On August 15, 2018 Ontario Premier Doug Ford proudly unveiled changes to Hydro One’s direction with a six month deadline to trim the executive compensation package. The continued fixation on Hydro One is a disturbing and no doubt intentional distraction from the real job at hand of reducing electricity rates in Ontario. Let’s break it […]
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Ontario’s Wholesale Electricity Market is where billions of dollars of energy sales take place annually. The electricity pricing is managed through a convoluted trading process that does not reflect actual generating costs. Market participants purchase energy below cost but must compensate by paying an additional ‘Global Adjustment’ upon settlement. If you are a small business, […]
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The Progressive Conservative Party under Doug Ford have been moving aggressively to fulfill some of their election promises. To their credit, they are getting things done, however the negative impact of their actions seem to be getting less attention. Let’s have a wake-up call. Removing the CEO and Board of Hydro One Doug Ford referred […]
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