Too many broken promises
The Liberals must address the real issues which are waste and affordability within the hydro system, like paying OPG to divert — or spill water at our dams, paying wind-solar farms and gas power plants not to produce hydro while building new ones, this makes no economic sense.
Let’s start with the Liberals refusal to buy cheap Quebec hydro for pennies a kWh in 2010 as they wanted to be a world leader in wind and solar power which they never achieved and chose to sign 20-year contracts for solar power up to 80 cents a kWh and up to 40 cents a kWh for wind power.
Liberals cancel two gas plants at a cost of $1.1 billion which we pay for. In 2007-2011 OPG diverted water at our dams which added $5.50 to each hydro bill, or $1.2 billion wasted.
In 2014 -2015 OPG diverted water at our dams to fully supply 350,000 homes each year, which we paid for.
In 2017 Wynne started buying unneeded hydroelectric power from Quebec for the next seven years while we under-produce hydro at Ontario power dams.
The Thunder Bay biomass plant costs 25 times more to run than other biomass plants — the Atikokan biomass plant is only expected to operate 29 days a year at eight times the cost to operate, but Premier Wynne is shutting down cheap natural gas power plants in Northern Ontario.
Premier Wynne is now in damage control with an eight per cent HST rebate. The Liberals added the HST to our hydro bills to begin with - by Premier Wynne rebating us and not cancelling the eight per cent HST portion she is adding $1 billion a year to our provincial debt, which is expected to be $370 billion by 2020, up from $138 billion when the Liberals took office. Now Wynne wants to add another $25 billion or so to our hydro costs down the road in exchange for further hydro cuts, but these rate cuts wouldn’t be necessary if the Liberals had managed the waste and didn’t sign such disastrous contracts.
Since 2006 off-peak rates have gone from 3.5 to 8.7 cents per kWh, an increase of roughly 150 per cent.
Mid peak has risen from 7.1 to 13.2 cents per kWh- an 85 per cent increase.
Peak rate has gone up from 10.5 to 18 cents per kWh- an increase of more than 70 per cent.
Remember the Liberals promised a hydro freeze from 2003-2007, no health tax plus no new taxes and insurance rates were to drop and they signed the Balanced Budget Act — all broken promises.
You decide if this is an election bribe only to be cancelled if the Liberals win the next election.
I know where I stand. Ross Ayotte Smiths Falls