Clarification of Ontario PC Party’s Plans for Feed-In Tariff Program

http://windconcernsontario.files.wordpress.com/2011/07/132164_energy-law-update.pdf


The document states the following with respect to energy policy:

We will stop the expensive energy experiments that are driving up hydro bills.
A Tim Hudak government will end the Liberal government’s schemes that have families subsidize hydro prices. We will end the feed-in tariff program that, in some cases, pays up to 15 times the usual cost of the hydro. Hardworking farmers and other Ontarians who signed contracts to host energy production on their property will have their contracts honoured. But there will be no more of these deals.
We will end the king of all secret, sweetheart deals – the $7 billion Samsung deal – that happened without a competitive process or a guarantee of job creation targets. Building our green energy sector cannot be achieved by writing a cheque to one single foreign-owned multinational corporation that was handed every advantage.

We will give families a voice in how hydro rates are set.
Families understand that their hydro bill goes up if they leave the lights on. But why does it skyrocket for no apparent reason? The Ontario Energy Board sets rates, but this body has lost its independence. We will restore that independence by ending the day-to-day political interference of the last eight years. And we will establish a powerful Consumer Advocate at the OEB. The Consumer Advocate will represent only consumers. Not the bureaucrats. Not the energy sector. Not the special interests.


For any FIT Contract holders who do not yet have NTP at the time of a change in government, a PC Government would exercise its rights under Sections 2.4(a), (e) and (f) of the FIT Contract to terminate the FIT Contract, return the Completion and Performance Security, and pay the Supplier its reasonable Pre-Construction Development Costs (upon delivery of written documentation thereof).