Wednesday, December 2, 2015

Ontario Hydro customers paid billions extra because Liberals ignored their own energy plans: AG

TORONTO — Auditor general Bonnie Lysyk says electricity customers in Ontario have paid billions of dollars for the Liberal government’s decisions to ignore its own planning process for new power generation projects.

The Ontario Power Authority’s 20-year technical plan, which was updated every three years and reviewed by the Ontario Energy Board, would have offered protection to consumers, said Lysyk.

“Instead of following the legislated process, the Ministry of Energy itself effectively assumed responsibility for electricity planning,” she said.

The ministry issued policy plans and 93 directives that the auditor said “did not fully consider the state of the electricity market, did not take long-term effects fully into account,” and sometimes went against the OPA’s advice.

“Ontario electricity ratepayers have had to pay billions for these decisions,” she said.  (more...)

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