Wind power is blowing taxpayer dollars

Monday, October, 21, 2013 – 4:04:00 PM

Grant Church, Cayuga

Remember Premier Kathleen Wynne’s statement from the billion-dollar gas plant cancellation, “It will never happen again”?  It’s not worth the paper it’s printed on.

In the Auditor General’s 2011 report, he stated, “Based on our analysis of net exports and pricing data from the Independent Electricity System Operator (IESO), we estimated that from 2005 to the end of our audit in 2011, Ontario received $1.8 billion less for its electricity exports than what it actually cost electricity ratepayers of Ontario.” (2011 Annual Report of the Office of the Auditor General of Ontario page 112)

A total of $1.8 billion flushed down the toilet. Has the hemorrhaging stopped? Not at all. We continue to lose hundreds of millions dollars per year on exports, and it’s getting worse as more wind turbines are deployed.

Further in his report, he revealed, “In 2010, 86 per cent of wind power was produced on days when Ontario was already in a net export position.”

Has anything changed? Absolutely nothing. Wind power most often comes when we don’t need it and doesn’t come when we need it. Wind power is routinely bought at 13.5 cents/kWh and exported for 2.5 cents/kWh. All power is exported without the Global Adjustment, currently at 5.81 cents/kWh. We are supplying tens of thousands of homes and industry as the wind industry claims. It just happens to be at a subsidized rate in other jurisdictions.

So billions more are being blown despite our Premier’s assurances. The government is in a state of denial on these matters. The new rules to pay wind turbines to sit idle remain idle themselves, as the IESO lacks the resolve to use them.

Just remember how they insisted the Oakville gas plant cancellation would only cost $40 million.

My money is on the Auditor General.

See original article here:

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s