Long-term guaranteed contracts for renewable energy generators such as wind and solar power have increased electricity costs in Ontario.
ontario electricity
Between 2005 and 2015, the manufacturing sector’s share of employment in Ontario fell from 16.7 per cent to 10.7 per cent.
The province exported electricity to other provinces and states, costing Ontario between $732 million and $1.25 billion.
Between 2010 and 2016, electricity costs paid by large industrial consumers rose 53 per cent in Ottawa and 46 per cent in Toronto.
From 2008 to 2016, residential electricity prices in Ontario rose by 71 per cent.
If you make something cheaper for people, they will likely use more of it.
From 2008 to 2016, electricity prices in Ontario increased by 71 per cent.
The plan may cost the province up to $93 billion.
Ontario has the highest electricity costs among provinces and some of the highest costs in North America.