Ontario scraps plans for $3.8B in renewable energy projects

Categories: News
Published on: September 27, 2016

Toronto Star / Rob Ferguson / 27 September 2016

wynne-on-tractorIn another measure to keep hydro bills in check, Ontario is scrapping plans to sign $3.8 billion in contracts for renewable energy like wind and solar, Energy Minister Glenn Thibeault said Tuesday.

The move — which the Progressive Conservatives have been calling for regularly — will keep $2.45 from going on the average homeowner’s monthly hydro bill and halt the building of new wind farms opposed by many rural residents.

Thibeault said the decision was made after the province’s electricity planning agency released a report earlier this month saying there was no “urgent need” to procure additional supply.

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