The Role of Renewables in Ontario Residential Electricity Bills

June 9, 2014 at 10:22 am Leave a comment

Environmental Defense, March 2014

We asked Power Advisory, an independent energy consulting firm, to crunch the numbers and find out how much the average Ontario resident will pay for renewable energy on a monthly bill this year and in 10 years. The answer? Not as much as you might think.

This year, non-hydro renewable energy (wind, solar and bioenergy) will account for just 9 per cent of the average residential electricity bill in Ontario. That’s pretty small. By 2024, renewable energy will account for just 16 per cent of the average residential bill.

It’s true that electricity costs have risen in Ontario. But, it’s not true that renewables are largely to blame for the increase.

To understand electricity costs, it helps to have a little historical context. More HERE>>

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Entry filed under: Energy, Renewables.

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