Parker Gallant has a suggestion for saving us $1 Billion Dollars….
They just have to start listening…..
Ontario’s Energy Minister Glenn Thibeault, at the launch of planning for the next Long-Term Energy Plan, said “We have a robust supply of all forms of energy for at least the next 10 years.” The month prior to the launch he announced the suspension of LRP II slated to acquire another 1,000 MW of renewable energy. His claim at that time was, it would save ratepayers $3.8 billion in electricity costs over the projected term of the contracts.
Cancel the contracts
Why didn’t he go further and cancel contracts that have not broken ground and saved billions more? Amherst Island’s “Windlectric” project, owned by Algonquin Power & Utilities Corp., project is just one. On its own, cancellation could save Ontario ratepayers over $500 million in future costs. Those contracts, signed years ago, either have not been built or are involved in litigation preventing them from breaking ground. Their sunk…
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