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Ontario Energy Association calls on government for end to most hydro subsidies

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globalnews.ca
globalnews.ca:

TORONTO – The association representing Ontario’s energy producers and distributors says the province should stop subsidizing the price of hydro and instead offer targeted help to customers who need it most.

The Ontario Energy Association makes the request of the Ontario government in a policy paper released Wednesday, saying most of the nearly $6 billion the province spends every year to cut electricity costs goes to customers who don’t need help paying their bills.

If the province continues with its current pace, it will spend $228 billion subsidizing hydro rates over the next 25 years, according to the association. “Ontario is also now spending more on electricity subsidies than on its entire transportation system,” the report states.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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