Another weekend came and went and Ontario shipped 104,000 megawatt hours (MWh) to our neighbours in Michigan, New York and Quebec.[…]
Those 104,000 MWh generated revenue of $2.4 million based on the average price received per kWh over the weekend (2.3 cents) but cost ratepayers in Ontario in excess of $11 million to produce. The difference of $8.6 million will find its way to the Global Adjustment (GA) pot, driving up electricity prices in Ontario.
Don’t think of it as $8.6 million dollars lost to the eeevile capitalist markets. Think of it as $8.6 million extorted from the community and funneled directly to friends of the Liberal Party, under the guise of assuaging the eco-guilt of the educated class in Toronto.
Its not waste. Its armed robbery.
The “armed” part comes when the OPP drop around for a chat if you protest being robbed in this fashion.
The soft fascism of modern Liberalism still has the same old iron fist, they just use a thicker velvet glove.
Fantastic !!
Thank You Canada !
Over the last three days you sent us $8.6 million dollars worth of free Canadian tax subsided paid electricity.
$860,000,000 million dollars per year.
Obama doesn’t need the Keystone Pipeline,
He can suck on this Canadian Cash Cow tit for free…
Says a lot about an electorate such as Ontario who keep re-electing these robbers who are ignored by the media who are too busy feeding the leader of the Shiny Pony Club.
Liberal Bastards should be incarcerated not governing!
MISFEASANCE writ large!
That supermarket collapse in Latvia – where 54 people died – they were putting on a green roof:
http://www.greenrooftechnology.com/green-roof-blog/green-roof-collapse-in-latvia
Feel free to give this it’s own post Kate
“Says a lot about an electorate such as Ontario who keep re-electing these robbers…”
I’m of two minds about this. On the one hand, I wonder how people around here can be so stupid. On the other, I know that most people still get their news from TV and radio, or the news paper. People generally are not aware these “news” organs are compromised to the extent we know they are.
This windmill related information is not available from those outlets, barring the odd article that makes it through the editorial wall. At all.
Same story with the Caledonia thing. People in my town know all about it, because we live next to it and we all saw it in person. If you go just twenty minutes to Hamilton where we all shop, -nobody- knows about it. Why? Not covered in media. Not covered because why? Because the Toronto media elite are all Liberal Party partisans and they share in the free cheese, duh.
I think however that it does say something about Her Majesty’s Loyal Opposition in this province, that they were so UTTERLY USELESS as to let a scam this big and this obvious get built on their watch. It says a lot about the Progressive Conservative Party of Ontario and its leader Tim Hudak that they still can’t get any attention at all from the public.
I understand the media is 100% controlled by the Liberals, but there are other ways of getting attention. Like marches, like parades, like blogs, like paid advertising, like letters to constituents. Lawn signs even. Bumper stickers. Anything.
Where’s Hudak? If he’s too much a wuss, where’s the rest of them? Invisible, is where.
Frankly, I think they cooperate with the Libs at some level in exchange for free cheese. Its the explanation that fits the information.
Meanwhile…Ontario Energy Minister Ottawa MPP Bob Chiarelli is yabbering out of the radio that the solution is for Ontario power users to shut off lights and turn down the thermostat. I wonder if he feels all warm and fuzzy with that advice?
When will people ever learn that all “conservation” ever leads to is higher rates and fees? It takes “X” amount of dollars to run the system and they will recoup that money by what they have to charge.
The Ontario Liberals should be hanging from lamp posts….
I suspect the figures are jiggered to supply your point of view..
the other side would say ,the elctric company was taxed 8.8 million for Canadian purposes, and sold excess electricity to the US which enriched canada by 2.2. million….
also,
that excess made the generation of the plant more efficient..
One reason nobody knows about this, (other than being low information idiots), is because the Global adjustment is hidden in the cost if you go directly through your utility for billing. I decided to go through a contractor to avoid the time of day BS, and the global adjustment is listed as a seperate item. It is about equal to the usage portion in a typical month. I’m assuming most utilities are the same and happy to collude with the province to hide the theft.
Embutler … that is as fine an example failed comprehension as ever demonstrated on this blogs comments. Congratulations!
Ignoring the underlying costs and subsidies that the Ontario public has been forced to pay for is a stroke of genius bub.
The article is completely accurate and the facts verifiable. Regardless of what you think.
Even if the ‘electric company’ was taxed on revenues it is effectively a tax on the Ontario public because it is NOT the export consumer who pays those taxes.
The power that is exported is sold under contract. It is NOT excess.
There is NO profit in selling power for less than it costs.
Ontario consumers pay a higher rate with no guarantee of service. If Ontario Hydro (Hydro One) failed to deliver on the contracts, it would be the Ontario consumers and taxpayers who would end up paying the the penalties due under the export contracts.
Ontario power customers (ie, everybody in the province) are being screwed and the cause is solely the Liberal Government’s mismanagement going back to day one of McGuinty.
Gaia is pleased. Very pleased.
Homage has been paid.
Next year, I want virgins and children brought to my altar and sacrificed.
Or else.
Sincerely, your Enviro Goddess,
Gaia.
Peace Out.
Liberal economics…..the oxymoron of all time.
Worse, it doesn’t include all the steam that Bruce Power had to vent because of transmission priorities to wind. Steam that would have produced electricity at less than half the contract price for wind, which ended up getting dumped at a loss anyway.
This will not register with the Libtard voter, until they suffer, which is coming down the pipe fast, electricity rates will continue to rise, the taxpayer must be shaken down for the benefit of the politically well connected.
Ontario might be better off to randomly select provincial govt members from jury duty lists.
Poverty is a wonderful way to focus attention, if we can shut down the gravy trains, the next generation might have a chance.. to make their own mistakes, rather than be on the hook for ours.
Given the established record of the kleptocracy, taxes should be made voluntary, as a charter right, taxation without representation.
Let the parasites convince their host of their value.
What is with Ontario and Liberals? When you think they should be crying “uncle”, they just say we’ll take more of the same please. Their kids are leaving in droves to work out west. Their jobs are all but gone. Their pension liabilities alone could choke the Saudis, and they are essentially running a furnace that burns money to keep warm in the winter. The scariest part of all this is the number of seats they have in the HOC and they could re-infect the rest of Canada with this lunacy.
There is NO profit in selling power for less than it costs.>>
as you stated in your post..
very true..but there is less of a loss..
you get a few million from the US..
someone considers that worthwhile…no matter how much it cost canada taxpayers..
Agreed. Then the best solution is to repeal the Green Energy Act immediately and cencel the entire feed-in tariff program.
Ontario Bumper Sticker:
SO YOU VOTED FOR McGUINTY.
WHAT DO YOU HAVE AGAINST OUR GRANDCHILDREN?
What this story alludes to is that under the absurd FIT schedule all wind power must be accepted on the grid whether needed or not.
To replace existing power water typically is dumped over dams because gas and nuclear take far too long to back off.We have green hydro power costing 2-3 kwh being replaced by wind subsidized at 13.5 c kwh. Mention of nuclear steam being dumped is just worse, clean, green electricity being replaced by expensive wind power. The surplus is dumped in the US for what it can fetch. The only possible beneficiaries from this are Liberal connected wind companies and the few land owners who have leases
with them. The AG of Ont has noted these losses, but the Toronto media choose to ignore the story.
Economics and reason take a back seat to the warm and fuzzy feelings from having faith in the elected clergy of the green statist theocracy in doing the proper and righteous thing to save the planet. The Ontario electorate has, at great cost, reduced Carbon Dioxide production by at least a couple of weeks worth of equivalent Chinese thermal generating capacity development and that’s certainly worth the sacrificing of Ontario’s future economic well-being.
What’s worse, I doubt that the Ontario conservative progressives would have done (will do) anything different.
Oh, and all that carbon reduction came from recommissioning the Nukes as they closed the Coal-fired thermal plants.
Yah, them damn lieberal green tards, ‘cept, the first green tard idiot I had a “discussion” about AGW was a bible thumpin rite winger, and true to form the as*hole suggested that even if AGW was not a fact that it would be best to hedge our bets and do all we could to reduce CO2, I’v heard the same sh*t about believing in go d!!
embutler is not wrong in what he is saying, by my reckoning, even if there is a bit of “terminological inexactitude” (to use Churchill’s depiction of these sorts of things), which is neither here nor there. embutler is essentially making a differential cash-flow argument: you’re stuck with the full cost anyway, so why not make the best of it, even if making the best of it leaves you short?
Nevertheless, no sane person, of any political persuasion, believes that any of this can continue. Hauling out Al Gore, who rightly lost the presidency by 537 votes, and then lost it again by talking too much, only to give yet another wooden, tone-deaf performance in Toronto, had to be humiliating for Ms. Wynne, even by her standards of self-immolation. Although I have no insight whatever into the Liberal mind, I’d wager that Ms. Wynne’s strategy is to try to crawl over the next election without addressing the issue, after which (assuming on the off-chance that she, you know, wins) she’ll do exactly as you recommend.
The political question, upon which much will turn in the next campaign, when it comes, is: who is going to absorb the $11 million per (weekend) day, or about $300 million per year (guess only; on a normalized 24-7-365 basis), at current levels of green energy “production”. I personally think it’s a bit much to tack it on to DRC or the so-called “Global Adjustment”.
Could the industry absorb it, rather than the ratepayer, assuming a moratorium and a physical dismantling? How do you see the mechanics of this part of the issue?
Contracts with the wind companies can be terminated, but it won’t be cheap. Witness news that Trillium Power is pursuing a suit of$2B against Ont for cancellation of wind turbines in L Ont.These turbines were not in the construction phase. Added to the $1.1B for the gas plants cancellation this would amount to over $3B for absolutely no power generated, were the suit successful.
McGuinty made longterm deals with Samsung for land based turbines, the details of which are known to him and a few advisors.The thought of these people dealing with Korean businessmen, makes taxpayers blanch.Yes the contracts are breakable, but it will cost Ont billions more to get out the mess McGuinty and his cronies created. All this for piddling amounts of power ever generated.