TREC Renewable
Energy Co-operative

Jul 07, 2011

Toronto Star: Don't Blame Green Energy for Rising Hydro Costs

From The Toronto Star:

Ontario electricity prices are heading higher with or without controversial renewable energy contracts, says a study by the green-leaning Pembina Institute.

The study, released Wednesday, says the relatively high prices paid to wind, solar and biogas power producers under Ontario’s feed-in tariff program, or FIT, are being blamed unfairly for rising power prices.

Even if no more FIT contracts are signed, the study says, the outlook for rising prices doesn’t change much — because the alternatives are no cheaper.

Read the entire article here

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