Cancelling contracts with wind, solar power providers would cut Ontario electricity bills by 24%
By Fraser Institute —— Bio and Archives--October 4, 2018
TORONTO—If the Ontario government cancelled existing contracts with renewable energy generators such as wind and solar power, it could reduce electricity bills for Ontarians by 24 per cent, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Electricity costs in Ontario skyrocketed in recent years due to poor government policies, so it’s time for meaningful reforms to reduce the burden on Ontarians,†said Ross McKitrick, economics professor at the University of Guelph, senior fellow at the Fraser Institute and co-author of Electricity Reform in Ontario: Getting Power Prices Down.
Subsidies account for almost 90 per cent of the revenue earned by renewable generators
https://canadafreepress.com/article/cancelling-contracts-with-wind-solar-power-providers-would-cut-ontario-elec
