Woodstock Hydro is demonstrating the real potential for energy conservation in Ontario. It has achieved more than one-and-a-half times its targeted energy savings making it the leader among Ontario electric utilities in the quest to tap our full efficiency potential. Woodstock Hydro gained top place by exceeding the 2011-2014 conservation targets set by Government of Ontario and the Ontario Energy Board by 152% in just two years.
Ontario Power Generation (OPG) has applied to the Ontario Energy Board for a 30% increase in the price it is paid for nuclear power, to begin paying the massive bill for re-building the Darlington Nuclear Station.
Today Energy Minister Bob Chiarelli released the province’s new Long Term Energy Plan. The new plan has the potential to reduce electricity costs by importing low-cost water power from Quebec and Manitoba, and by ramping up energy efficiency efforts.
Specifically, according to the Plan, Ontario will “pursue contractual arrangements for firm imports where cost