Where does electrical power really come from? ONTARIO

[ajl]

I like the fact that the value of power produced is 1/5 of the global adjustment factor. It would be funny if it was not so serious. The American that you pay to take power must be laughing at how stupid Canuckistanians are.

[oneoff]

Just found out what that 8.39 cent Global Adjustment charge is....mentioned in first quoted post


Its an extra 8.39 cent (November estimate) to cover all sorts of Ontario Hydro costs.

Hidden in residential kwh billing; but listed separate for bigger customers.

Its to cover huge losses on export sales of electricity to USA who of course only pay fair market value. But guaranteed electrical production contracts; payments for contracted but unwanted or not usable idled contracted generation have to be paid and recovered by such means. In short it can and does cover whatever programs management says it will cover. Even energy conservation initiatives that ARE OXYMORONS AT BEST

[oneoff]

What consumer fee does Alberta use to cover the cost of shutting down its coal fired power plants?????

[Hamloc]

Oneoff, the companies will be compensated over 14 years for shuttering their coal plants early and the compensation will come from the carbon tax on industrial emitters. While consumers pay a carbon tax on natural gas, propane, diesel and gas, industrial emitters pay a separate additional carbon tax. The left loves taxes!

[oneoff]

What about the possibility that consumers pay for their electrical utility's decisions through their regular electrical billing


AND the carbon tax is just an additional tax grab that will apply in all provinces (including Sask for that matter)