Electricity rates in Ontario to rise again May 1

captain morgan

Hall of Fame Member
Mar 28, 2009
28,429
148
63
A Mouse Once Bit My Sister
Yes, that's the one.

The Liberals still retain some right wing measures and selling off Hydro One is certainly an example of that.

For now, the quantum of additional cost is still nothing to get aggravated over but yes, the private sector depends on profit so prices will go up.

The reason for carbon pricing is to legitimately incentivise conserving but this is what you get when there is no cap on emissions.

You missed the mark yet again bud.

The private sector is attracted to gvt utilities because of the highly profitable opportunity to increase the profit margins by simply carving out the graft and fat in those entities.

In this case, prices are going up as a result of the Lib Party's failed policy of subsidizing the electricity market in Ontario
 

Jinentonix

Hall of Fame Member
Sep 6, 2015
11,619
6,264
113
Olympus Mons
Yes, that's the one.

The Liberals still retain some right wing measures and selling off Hydro One is certainly an example of that.
No, it's not. When the PCs announced the idea of selling off Hydro One, the Libtards howled in outrage over it. Various experts said it was a terrible idea and so the PCs dropped the idea. Yet in spite of all that, the LPO already had their own plan to sell off Hydro One if and when they got elected.
Just another example of how duplicitous the LPO actually is. And it's quite the convoluted plan. Waste a bunch of money on useless windmills, artificially crank up the hydro rates to make it more profitable and then sell it off, all so Toronto can get some new buses.
Sadly, the first two share offerings will recoup only the cost of the gas plant scandal ($1 billion) and that drug riddled, third rate athletic competition called the Pan-Am games ($2.5 billion) That $3.5 billion could have gone a long way towards the plan for Toronto's transit without screwing the taxpayer.


And let's not forget that the $3/mo increase is only the first increase of the year. There was an increase in rates in the last quarter of last year and there'll be another increase in the last quarter this year.


Ontario has definitely proven one thing though, conserving on hydro use actually leads to more expensive hydro rates. So why are we conserving? According to the latest govt bullsh*t ad, ever since the last coal fired plant was shut down, the OPG's power supply is 99.7% emissions free. If our supply is now based on wind, hydroelectric and nuclear, then there's really no need to conserve on hydro use since wind blows freely (when it's blowing) and water flows freely, and nuclear produces huge amounts of power.
Of course it doesn't matter now. The rates are up there and that's where they're going to stay. All because the idiots in this province keep electing incompetent tits to run the circus.
 

Ludlow

Hall of Fame Member
Jun 7, 2014
13,588
0
36
wherever i sit down my ars
Hey awhile back you complainers were whining about the raw sewage in some river over thar why not take that poopie and make use of that methane to power your electric plants hell it already stanks over there like someones butt might as well get the lights on while your sniffin the pooh.
 

taxslave

Hall of Fame Member
Nov 25, 2008
36,362
4,341
113
Vancouver Island
What a surprise :lol:

Use less, electricity, so that we can charge you the same for less. Environmentalist rejoice everywhere!!!

That is another thing BC hydro did to steal from customers. Normally the more of a product you buy the lower the unit cost. Not with electricity, there is a base rate and when you use over that amount the unit price goes up not down. Supposed to encourage conservation or some such because for a decade electricery price was kept low to buy votes and no maintenance or new supplies were brought on line. 15 years later we are still paying for this socialist blunder. In reality it inhibits growth.

Yes, that's the one.

The Liberals still retain some right wing measures and selling off Hydro One is certainly an example of that.

For now, the quantum of additional cost is still nothing to get aggravated over but yes, the private sector depends on profit so prices will go up.

The reason for carbon pricing is to legitimately incentivise conserving but this is what you get when there is no cap on emissions.

What does carbo pricing have to do with electricity that is generated by water?
 

Angstrom

Hall of Fame Member
May 8, 2011
10,659
0
36
No, it's not. When the PCs announced the idea of selling off Hydro One, the Libtards howled in outrage over it. Various experts said it was a terrible idea and so the PCs dropped the idea. Yet in spite of all that, the LPO already had their own plan to sell off Hydro One if and when they got elected.
Just another example of how duplicitous the LPO actually is. And it's quite the convoluted plan. Waste a bunch of money on useless windmills, artificially crank up the hydro rates to make it more profitable and then sell it off, all so Toronto can get some new buses.
Sadly, the first two share offerings will recoup only the cost of the gas plant scandal ($1 billion) and that drug riddled, third rate athletic competition called the Pan-Am games ($2.5 billion) That $3.5 billion could have gone a long way towards the plan for Toronto's transit without screwing the taxpayer.


And let's not forget that the $3/mo increase is only the first increase of the year. There was an increase in rates in the last quarter of last year and there'll be another increase in the last quarter this year.


Ontario has definitely proven one thing though, conserving on hydro use actually leads to more expensive hydro rates. So why are we conserving? According to the latest govt bullsh*t ad, ever since the last coal fired plant was shut down, the OPG's power supply is 99.7% emissions free. If our supply is now based on wind, hydroelectric and nuclear, then there's really no need to conserve on hydro use since wind blows freely (when it's blowing) and water flows freely, and nuclear produces huge amounts of power.
Of course it doesn't matter now. The rates are up there and that's where they're going to stay. All because the idiots in this province keep electing incompetent tits to run the circus.

Yes but they run it while making you think they are the more progressive, more environmentally friendly, PC. People are simply to stupid to realize they are the same as the Conservatives. Just pretending they are not.
 

thesaint

Time Out
Apr 14, 2016
2
0
1
This happens pretty regularly, and it's hard to swallow when the auditor showed we have overpaid for such a long time. Plus paying down that debt retirement.
 

Jinentonix

Hall of Fame Member
Sep 6, 2015
11,619
6,264
113
Olympus Mons
Plus I love how you get a monthly charge on your bill for hook up and delivery, like the hydro guys show up in your driveway every month to pump a van load of electricity into your house or something. Even Rogers or Bell isn't that scummy.
 

Curious Cdn

Hall of Fame Member
Feb 22, 2015
37,070
8
36
Of course. Fresh off the Wynne subsidized truck lines.

Every juristiction with an auto assembly line in North America provides "goodies" to the car companies. It is standard practice and it's the way that the game is played, no exceptions.