These Green Energy's produce power intermittently which will cause gas and nuclear plants to over produce in which Quebec and the Americans benefit from our excess hydro for far better prices than Ontarian's get and in some cases we will be paying them to take power off our grid .
Mcguinty may tell Ontarian's are power grid was in bad shape and we would get blacks if he did not spent 87 billion dollars on upgrades but he tore up a similar plan that would of cost tax payers 60 billion dollars in 2007 so if the hydro grid was in that bad of shape why the 3 year delay which cost tax payers a extra 27 billion dollars .
Then in 2009 Mcguinty paid Bruce Power 58 million dollars not to produce power also in 2010 he cancels a gas plant in Oakville Ontario and says the power was not needed and does not know what the cost will be to for breaking this contract .
But Mcguinty signs a contract to pay IKEA 71.3 cents a kilowatt to put solar panels on there roof tops in Toronto on top of that Ontarians are giving IKEA six hundred and eighty five thousand dollars a year in subsidies one must ask are the subsidies for the length of the contract and we may never know the details of the 7 billion Sam Sung deal.
This next part is based on if interest ,taxes and the cost for going over budget was not included in the 87 billion dollar quote as when I phone the offices of Mcguinty's , Brad Duguid, Dwight Duncan, Finance Department, and the Department of Energy they would send me to one department to the other saying the other departments have the info they have no idea on the cost.
So what is the possible cost of this experiment to start we have 87 billion dollars say it runs 15% over budget now we have 100 billion dollars add on the HST which is another 13% for a total of 113 billion dollars then add on the interest over 30 years or longer we may be paying up to 180 billion dollars or higher when it's paid for which translates into higher rates.
So I ask how is this good for family's and kids of today and in the future and why the Liberals won't answer my question on the overall true dollar cost to this hydro project as Ontarian's have a right to know.
December 2010 Ontario hydro customers subsidized hydro sales to Quebec and the Americans to the amount of 52.8 million dollars how much are other months costing Ontarian's and how much are we going to pay Bruce Power or other Utilities' not to produce power in 2011 and years to come with blunders like this there is no excuse to keep raising our hydro rates .
Mcguinty and his government must be held accountable to lower hydro rates as the people of Ontario can't afford higher hydro bills.
There are reports the Governments of Germany, France , Spain, England and our American neighbours are cutting back on there subsidies for green energy as they are losing more jobs due to Green Energy than it is creating and the cost to create a job is far to high when will Mcguinty figure this out .
Smiths Falls Ont
Info done below is not part of the letter just for verification purposes if you need to check on something also a response from the NDP and Conservatives parties
Ontario government gives IKEA $685000 per year in solar power ...