And.Parker nails it again….
Not a chance …
October 13, 2016
Ontario Minister of Energy Glenn Thibeault is promising Ontario’s electricity customers some relief, according to several press releases springing from the Throne Speech in early September.
While the costs of the relief including the 8% Provincial Sales Tax abatement and the “low-density” monthly reduction is worrying, in that funding for it has not been disclosed, a bigger hit may be coming. The Minister said “more than a thousand new businesses soon eligible for ICI, in the September 15th press release.
ICI is the “Industrial Conservation Initiative” and refers to Class A customers (companies with peak demand is 5 megawatts or higher) whose electricity rates are subsidized by the Class B customers (demand over 50 kilowatts but less than 5 megawatts) if they reduce consumption during a few “peak” hours over the course of a year.
In Germany, the equivalent of Ontario’s…
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