Ontario Investing in Solar, Nuclear and Wind Energy

According to a report by Bloomberg, the Canadian province of Ontario has announced that it will spend $85 billion to boost the use of nuclear, wind and solar energy.
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Oct. 31, 2011 - PRLog -- The goal is to eliminate coal plants in the next four years. Ontario is Canada’s most populated province, and, as such, has the greatest energy requirements. The province will spend the money building two more nuclear plants and refurbishing 10 others over the next twenty years.

The plan targets industrial consumers to cut their power use by 20 percent to save 5,840 megawatts by 2020 in conservation efforts that the plan calls “among the most aggressive in North America.”

Half of the conservation target is expected from the commercial sector and the residential sector is to contribute 30 percent.

The government offered a 10 percent rebate on electricity bills to homeowners and small businesses on Nov. 18. , which helped offset a tax hike that hit utility bills in May.

So, for the time being, Toronto residents may still see a bit of a hike in the electricity bills over the short term. But, over the long term, they will find ways to use less energy, and even potentially pay less per megawatt used. You can read the original story from Bloomberg here.

At Sungate Energy Solutions, we love to see news like this that shows that the world’s governments are making a commitment to clean energy. This sort of commitment helps all of us save money and save the planet.

Call Sungate at (888)978-8879 or visit us at www.TheSungate.com when you’re ready to make your mark by installing your own environmentally friendly system, like a solar energy system for your home. When you’re generating your own electricity by harvesting the power of the sun, you’re less dependent upon the power company. It’s great when the big boys show an interest in saving energy, but it’s also great to know that we can each do it on our own.
Source:Brian B.
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Page Updated Last on: Oct 31, 2011
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