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Surveying the Wreckage (of Ontario’s Energy Policies)

Another fantastic and revealing article by Rick Conroy of the Wellington Times on the insanity and havoc being wreaked by the Liberals outrageous and destructive energy policies. — DQ

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Rick Conroy — The Times — January 16, 2015

A good friend of mine runs a business in the County. He has done so for 40 years. He showed me his electricity bill last week. In December, he spent $770 on electricity. It was one of the least expensive lines on his bill. The global adjustment charge was $4,267.32. There was also a delivery charge, a debt retirement charge and an array of taxes. In total, he spent nearly $10,000 in December—for $770 of electricity. He doesn’t know where this money is going. He is not sure he can keep up. He isn’t alone.

The global adjustment is a catch-all fee that covers the provincial government’s intervention in electricity generating market. It pays for solar generators, industrial wind turbine plants and subsidized exports to Michigan and Quebec. It covers the subsidized rates some chosen industries pay. It pays for the lawyers who battle residents and groups—including the Prince Edward County Field Naturalists—at tribunals and courtrooms across the province.

In essence, my friend is paying an amount nearly six times the value of the electricity he used to line the pockets of industrial wind developers, solar companies, lawyers, foreign owned smelters, as well as enriching Michigan’s coffers to take this power off our grid.

He has enough challenges in his business—he can’t afford to pay the cost of the Ontario’s Liberals decade of mismanagement of electricity in this province.

The province explains the global adjustment as the difference between the market price, set by the forces of supply and demand, and the price it pays to contracted suppliers. So let’s look at that a bit closer.  (Continue reading here…..)

Wynne hydro bills

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