Almost 90 per cent of the revenue to renewable generators came from the subsidy.
green energy act
High electricity prices were responsible for roughly 75,000 job losses in the province’s manufacturing sector.
The Green Energy Act provided long-term guaranteed contracts to renewable energy generators at above market rates.
In 2016, Toronto residents paid $60 more per month than the average Canadian for electricity.
Today’s high electricity prices are largely the result of policy choices including big subsidies for green energy producers.
Ontario’s plan to increase electric vehicle purchases may cost up to $277 million over the next five years.