Advanced Search
MyIDEAS: Login

Zapped: The High Cost of Ontario's Renewable Electricity Subsidies

Contents:

Author Info

  • Benjamin Dachis

    (C.D. Howe Institute)

  • Jan Carr

    (Ontario Power Authority (retired))

Abstract

Ontario’s Green Energy and Green Economy Act subsidizes producers of renewable electricity by paying them far more for their output than the prevailing market price of electricity. Wind power receives a fixed electricity price of 13.5 cents per kilowatt-hour, and solar receives even larger amounts. This subsidy will result in additional costs to the average Ontario household of $310 per year; ostensibly designed to reduce emissions and create jobs, Ontario’s renewable electricity subsidy is an expensive way of meeting these goals. The drag of unnecessarily high electricity costs on the Ontario economy could be reduced if the province did not award any further subsidized contracts to renewable electricity generators.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.cdhowe.org/pdf/ebrief_117.pdf
Download Restriction: no

Bibliographic Info

Paper provided by C.D. Howe Institute in its series e-briefs with number 117.

as in new window
Length: 5 pages
Date of creation: May 2011
Date of revision:
Publication status: Published on the C.D. Howe Institute website, May 2011
Handle: RePEc:cdh:ebrief:117

Contact details of provider:
Postal: 67 Yonge St., Suite 300, Toronto, Ontario M5E 1J8
Phone: (416) 865-1904
Fax: (416) 865-1866
Email:
Web page: http://www.cdhowe.org
More information through EDIRC

Related research

Keywords: Economic Growth and Innovation; renewable energy; Province of Ontario; Canada; Feed-In-Tariff (FIT) program; energy subsidies;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Manuel Frondel & Nolan Ritter & Christoph M. Schmidt & Colin Vance, 2009. "Economic Impacts from the Promotion of Renewable Energy Technologies - The German Experience," Ruhr Economic Papers 0156, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
  2. Patrik Söderholm & Ger Klaassen, 2007. "Wind Power in Europe: A Simultaneous Innovation–Diffusion Model," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 36(2), pages 163-190, February.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:cdh:ebrief:117. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kristine Gray).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.