Ontario’s government cancels 758 Solar and Wind contracts

Someone finally found a way to reduce electricity bills with solar and wind contracts

TORONTO — Ontario’s new Progressive Conservative government is cancelling 758 renewable energy contracts, in what it says is an effort to reduce electricity bills in the province.

Energy Minister Greg Rickford said the move will save provincial ratepayers $790 million — a figure industry officials dispute, saying it will just mean job losses for small business.

In a statement Friday, Rickford said the government plans to introduce legislation during its summer sitting that would protect hydro consumers from any costs incurred from the cancellation.

“For 15 years, Ontario families and businesses have been forced to pay inflated hydro prices so the government could spend on unnecessary and expensive energy schemes,” Rickford said. “Those days are over.”

Opponents complained that this would cost jobs. Obviously they forget the Green job multiplier: for every Green job lost 3 – 5 real jobs will be created.

Renewables fans said this will lead to big lawsuits and called it a war on science. What they did not say was how this was an opportunity missed because all these projects would be profitable selling electricity to local businesses.

If only they could have…

New Greens reason: do it because you’re supporting a big Vested Interest

Green Party Leader Mike Schreiner said the cancellation means the province is turning its back on the global renewable industry, which he said is worth billions and is a proven job creator. Schreiner added the decision also sends a number of negative signals about the province to business.

Because billion dollar industries need all the help they can get, right?

Go show the world Ontario! This is how its done.

h/t Pat

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