Posts Tagged ‘green power’

The high cost of green power

August 28, 2009

The B.C. government, in its August 25th Speech from the Throne, reiterated its intent to press forward with alternative power sources.

This government will implement an aggressive strategy to turn the challenge of climate change to our citizens’ economic advantage.

Green energy will be a cornerstone of British Columbia’s climate action plan.

Electricity self-sufficiency and clean, renewable power generation will be integral to our effort to fight global warming.

The BC Utilities Commission will receive specific direction.

Phasing out Burrard Thermal is a critical component of B.C.’s greenhouse gas reduction strategy.

Further, this government will capitalize on the world’s desire and need for clean energy, for the benefit of all British Columbians.

Whether it is the development of Site C, run-of-river hydro power, wind, tidal, solar, geothermal, or bioenergy and biomass — British Columbia will take every step necessary to become a clean energy powerhouse, as indicated in the BC Energy Plan.

Government will use the means at its disposal to maximize our province’s potential for the good of our workers, our communities, our province and the planet.

While these forms of power require greater investment, in the long run, they will produce exponentially higher economic returns to our province, environmental benefits to our planet and jobs throughout British Columbia.

I wonder when it will come back and bite us on our financial asses as it apparently has done in Ontario.

Today it became public that Hydro One has asked the Ontario Energy Board for permission to raise the cost of distribution to all Ontario customers an average of 9.5% in 2010 and 13.3% in 2011 to cover $266 million dollars in costs relating to their four year Green Energy Plan for 2010 to 2014. By 2011 the impact of this $266 million will be an average increase of 24.3% over two years on the delivery portion of every Ontarian’s hydro bill. Because each public utility is a customer of Hydro One, it doesn’t matter who sells you your electricity – this impacts you.

Between the provincial government driving up our gasoline prices to discourage us from driving and the very real possibility of our power costs rising as the province pushes for alternative energy sources, B.C. could become an increasingly expensive place to live.


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