Mitigating Ontario Electricity Costs – The Long-Ago Missed Solar Opportunity
This is a post written by Bruce Sharp. An earlier version appeared on Linkedin. Well, the (subsidized, one would suppose) L.E.D. light bulb finally went on at Queen’s Park last week concerning electricity costs. Kathleen Wynne says high cost of hydro is concern across province | CBC Did a single by-election loss cause this awakening? In this day of politicians seemingly and completely incapable of climbing down from heavily entrenched positions, this seems to represent at least some progress – admitting there’s a problem. Upon hearing this news, my mind went to what the government would do to provide relief – the depth, breadth and source of funds. Since 2003, we’ve had a number of dubious band-aid solutions, including a retroactive price freeze, the Ontario Clean Energy Benefit, an end to the Debt Retirement Charge (for residential consumers) and the Ontario Electricity Support Payment. What would be next? We now know it’ll be a removal of the 8% provincial sales tax -- for thos...