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A damning indictment of the Ontario Liberal government's private power strategy

Walkom, Thomas
http://www.thestar.com/opinion/star-columnists/2017/12/08/a-damning-indictment-of-the-ontario-liberal-governments-private-power-strategy.html

Publisher:  The Star
Date Written:  08/12/2017
Year Published:  2017  
Resource Type:  Article

Private power is a great deal for private power owners, writes Thomas Walkom. For the rest of us, not so much.

Abstract: 
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Excerpt:

Both the Ontario Energy Board and the province's auditor-general have produced damning indictments of the Liberal government's hydro privatization strategy.

They have found that it's just too easy for the private generating companies to abuse their market power -- or, as the OEB likes to call it, "game" the system.

As my colleague Rob Ferguson reported this week, an OEB report estimates that over several years, just one private generator, the Japanese-owned Goreway Station Partnership in Brampton, collected $120 million from the province that it didn't deserve.

Goreway denies that it deliberately did anything wrong.

A day later, Auditor-General Bonnie Lysyk released another report that calculated gaming by private generators cost the province $300 million over nine years.

In both cases, electricity ratepayers ultimately footed the bill.

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