Kenora Rainy-River MPP Greg Rickford, the provincial Minister of Energy, Northern Development and Mines, is aiming to repeal the province’s Green Energy Act.

Rickford, Minister of Infrastructure, Monte McNaughton, and the Ontario PC Party has introduced legislation that, if passed, would fully-strike the Green Energy Act from Ontario’s books.

"The Green Energy Act represents the largest transfer of money from the poor and middle class to the rich in Ontario's history," said Minister Rickford.

"One of the first actions your government took was to cancel 758 expensive and wasteful energy projects as part of our plan to cut hydro rates by 12 per cent for the people of Ontario, saving $790 million for electricity customers. The days of sweetheart deals for energy insiders and unpopular projects forced on local municipalities are over."

The proposed legislation would give the government the authority to stop approvals for energy projects where the need for electricity has not been demonstrated. This would put the brakes on additional energy projects in the province, that would add costs to electricity bills across the province.

According to the Ontario Energy Board and the Independent Electricity System Operator, wind and solar added $3.75 billion in costs to electricity bills in 2017. Wind and solar represented 11 per cent of total energy generation in the province in 2017, and 26 per cent of electricity that was generated, was curtailed or wasted.

"Well-connected energy insiders made fortunes putting up wind-farms and solar panels that gouge hydro consumers in order to generate electricity that Ontario doesn't need," Minister McNaughton added. "We are proud to say that the party with taxpayers' money is over."

The PC Party says that the original Green Energy Act, introduced in 2009, led to ‘disastrous’ feed-in-tariff programs and skyrocketing hydro rates for Ontario families, as well as stripped away local municipalities’ power to stop energy projects in their communities.

According to the province's auditor-general, hydro rate cuts announced by the Liberal government last year will end up costing more than $1 billion dollars a year. Bonnie Lysyk says ratepayers will actually spend close to $40 billion over 30 years for the 25 per cent rate cut announced in 2017. She noted the complex financing scheme added $4 billion to the price tag.

Earlier this year, shortly after Rickford’s election, he and his party cancelled 758 renewable energy contracts across the province, in an effort to lower hydro bills for Ontario residents.

For more information:
Rickford not apologizing for lowering hydro rates
Cuts to hydro bills coming, Rickford

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