Letter - Rising Hydro Costs
Written by Ross Ayotte
Wednesday, Deember 15th, 2010 - 04:53:40
Dear Brenda, I have phoned McGuinty's and Brad Duguid's Office for a price per kwh we will be paying by 2030. For example, 30 cents a kwh and they tell me they do not have a forecasted price per kwh by 2030. So I asked them how can you tell Ontarians that hydro will double by 2030, if you don't know the price per kwh by 2030. Then they told me for the next 20 years there will be a hydro increase of 3.5 % per year but that is just a guess it could be higher they say these numbers are not set in stone. I believe they are low balling the numbers, as the experts predict by 2015 we will be paying 21 cents a kilowatt.
Ontario consumers and industries are on their way to experiencing the highest electricity rates in North America. Once your Mcguinty meter kicks in and you will most likely start to pay even higher hydro prices unless you drastically change your lifestyle at home. I also believe McGuinty's handling of the rebuilding of Hydro is being made up on the fly as he tells Ontarians if they want to save on Hydro "do your laundry on weekends" then he says he won't apologize for hydro rates, then he says he concerned about the hardship it has caused on families so he will give us 10% discount off on the 46% increase we will get by 2015. Then the next week Brad Duguid announces hydro will double by 2030. The numbers just don't add up for the price to just double to many flip flops to be trusted like McGuinty signing a contract to build a gas power plant in Oakville only to cancel it leaving Ontarians to pay the penalty of breaking the contract and there different versions of increases and remember nothing comes in on budget.
I believe McGuinty has us on course to be close to 27 - 30 cents a kwh by 2030 and one thing Ontarians should of learned by now is McGuinty can't be trusted one just has to go to http://www.youtube.com/watch?v=wCLHMr-JZJI for proof of this. McGuinty has repeatedly broken his election promise not to raise taxes - in 2003 and 2007 he promised he would not raise taxes also in 2003 he put it writing to the Canadian Taxpay- ers Federation but it was not long after that he broke that promise back then. The McGuinty government has encouraged its ministries to pursue new cost-recovery fees and propose new revenue streams which McGuinty calls fees and which most people call taxes so how can McGuinty be trusted on hydro?
McGuinty's $7 billion deal with Samsung to produce wind power are being kept secret. So one has to ask if it's such a good deal, why is McGuinty keeping it from the people of Ontario? What was found out is this deal contains no job guarantees despite a $437 million subsidy. Under Ontario's GEA, a feed-in tariff (FIT) will siphon $3.8 billion from consumers' pockets by 2015 to subsidize wind and solar power producers just stop and think for a moment. McGuinty is subsidizing producers of wind and solar power with tax payer's money, but we will still be charged 20 times the price for this power than if we were producing power from nuclear or gas power plants. This is a bad deal for Ontario and a excellent deal for investors as McGuinty is paying up to 80 cents a kwh for green energy, Mcguinty should of bargain for far better prices as tax payers are helping fund these projects.
RW: McGuinty is doing this to line his Liberal friend's pockets who own some of these "green" companies. Who in turn donate to the Liberal Party of Ontario.