Six months and Ontario’s exports over $1B

What's another, er, billion?
What’s another, er, billion?

Although the Independent Electricity System Operator (IESO) failed to produce their Monthly Summary for June 2015 in a reasonable and timely fashion, they did provide information that allows one to determine how much our electricity sector has removed from ratepayers pockets for the first six months of 2015.

How bad is it? Bad.

It turns out 1.9 terawatts (TWh) of Ontario’s electricity production (15.2% of Ontario’s demand of 10.6 TWh) was exported to our neighbours in Michigan, New York and Quebec, etc., in June.  Ontario received payment of those exports at the hourly Ontario electricity price (HOEP) $15.31/megawatt hour (MWh) or 1.53 cents per kilowatt hour (kWh) of $29.1 million.  However, the cost to produce and transmit that 1.9 TWh, was $131.43/MWh (13.14 cents/kWh) — that means it cost Ontario ratepayers $249.9 million. Most of that wound up in the big (and growing) pot referred to as the Global Adjustment (GA).

$221 million lost in just one month

So Ontario’s electricity ratepayers picked up the difference of $221 million, which when added to our export losses for the prior five months of 2015, brought costs to almost 1.1 billion1. for the first six months of 2015.

The 1.9 TWh exported in June brought total exports for the first six months of 2015 to 12.53 TWh. That’s about what the entire City of Toronto consumed in that same period.

Perhaps it’s time for Premier Wynne to realize that the losses on our exports represents a “green tax” on all of the ratepayers in Ontario and the remedy is to cancel any further renewable energy contracts. This could prevent bankruptcy and hardship for many Ontario electricity customers and avoid fulfilling the prediction of Ontario’s Chamber of Commerce that 1 in 20 businesses would “close their doors” due to high electricity prices.

©Parker Gallant,

August 11, 2015

1.  The figure of $1.1 billion is equivalent to the cost of moving the Oakville and Mississauga gas plants but that was a one-time event whereas this cost to ratepayers will occur twice in 2015 and continue into the future.




I’m so grateful to you for getting this information to us, Parker, but when I think about all of the people who live too close to turbines and substations who had to endure the health impacts or whose property value issues have made their lives so stressful for yet another month, when this province lost money on the energy these turbines produced, it intensifies the distress I feel for the victims.

Pat Cusack

I so agree with sommer.


It could be way more than 1 in 20 businesses closing if this continues.

Maybe the die is already cast for manufacturers leaving the province or deciding not to locate in Ontario?


Project this over 20 years and you can see we will be in DEEP SH – T. most middle income familys will have no choice but to leave Ontario. Apply for a USA green card now. or move to Mexico.

James Stephen

not wanting to be a huge fan but the actual cost to produce power was reported incorrectly. It does. Not cost .13$ per kW to produce power. It all depends on the mode of electrical generation.

Moira Egan

James Stephen: I don’t understand why you say that the cost to produce power was reported incorrectly.

I see “the cost to produce and transmit that 1.9 TWh, was $131.43/MWh (13.14 cents/kwh).

I don’t see any amount given for only the cost to produce power. Are you referring to IESO information?


If we the taxpayer sends 13.14 cents /per/wh to a windmill owner our cost is 13.14 cents. If it is then sold for less the taxpayer is on the hook for the loss. This will be north of 40/B $. thats if we stopped putting more windmills on the grid today.Plus all the other factors that come into play its a total mess.


This is just nuts. These people can’t manage their way out of a paper bag.


Glad you said this! Also my thoughts for a long time now.

Bert Zegers

IESO has now published the Monthly June summary.
They must be reading “Windconcerns’! (Thanks Parker)
The June report shows that energy use is down from last year June,(more businesses closed) and Industrial Wind Energy was very low, and exported at a loss.


Thanks Parker for continuing to keep an eye on this. The destruction of the economy of this once leading Province continues so long as the Liberals keep forcing this Energy Policy on the people of Ontario.
All other issues with the Energy Policy are sad Side Effects. Why do so few people understand that?


It might be hard for some to imagine what its like to try to live a normal life and enjoy your home when turbines suddenly surround your home. and the negative impacts become a daily reality.
For people in situations like this, it is of paramount importance to express the rage they feel that they can no longer feel safe in and enjoy their home. For some, the thought of being forced to leave their beloved homes is downright traumatic.
This reality needs to be understood clearly by everyone in this province. It is immoral to neglect their distress.
For this reason alone, this industrial wind turbine debacle needs to be stopped NOW.

Ron Hartlen

Yesterday Justin Trudeau said he would build Canada’s economy “from the Heart out” whatever the Hell that means. If Justin forms the Government, Canada’s Economic Heart Engine may be overworked, and may need a large Pacemaker, too large for an implant. Ergo…a Pacemaker powered by Wind Power from Ontario. Without Gas backup (heaven forbid CO2 emissions) we might crash and burn. But never mind, some well connected folks will make another fortune. Sometimes you just can’t Wynne.

Leave a comment


email* (not published)