Archive for May, 2010

Electricity bills poised to rise dramatically

Thursday, May 6th, 2010

Green energy isn’t really about saving the environment. No, actually it’s energy that costs a lot of green.

Get ready for dramatically higher energy costs here in Ontario.

We built our province into an industrial powerhouse by providing inexpensive electricity. That was yesterday. Consumers were able to piggyback on inexpensive power. Today we are on the brink of huge increases in our bills.

The McGuinty Liberals are big on conservation. So far their conservation measures consist mostly of chasing industrial demand from the province and sponsoring energy retrofits. With demand now so low, they’ve had to raise rates to bring in enough money to operate the system. They also introduced a surcharge to your bill to pay for their retrofit program.

If those two price increases aren’t enough, they will shortly add HST to your electricity bill and begin to meter electricity by the time of day that it is used. The time of use metering is expected to raise rates by as much as 20 per cent alone, unless you start drying your wash at 2 a.m.

So your electricity bill is facing four different increases. But that’s not the whopper. The McGuinty Liberals have contracted with Samsung to build wind farms - $7 billion worth of wind farms.

Now, the wind doesn’t always blow, so there has to be back up generation capacity. That’s expensive. And without the industry around to pay for it, the cost will fall to individual consumers.

So as you see your electricity bill rise and rise – remember increasing costs are a Liberal trademark. Either they raise them to pay for their pet projects or they raise them through taxation to pay for their mistakes. It’s the Liberals’ solution to everything.

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