As the provincial election draws near, debate around electricity policy continues to heat up among all parties. With contrasting visions for the future of Ontario, each party has presented a distinct outlook on how they would manage our electricity system.

Here is a quick overview to bring you up to speed on each party’s position as we approach the June 7 election date.

 

Liberal Party

  • Continued implementation of the 2017 Long-Term Energy Plan
  • Carry out Fair Hydro Plan rate reductions – up to 25% for residential and small-business customers, and up to 50% for eligible rural, remote community or low-income customers
  • Keep the Expanded Rural & Remote Rate Protection framework and Ontario Electricity Support Program tax-funded
  • Continue the market renewal initiative to build greater flexibility and resource competition into the electricity system
  • Continue to decarbonize fuels sector through Climate Change Action Plan, including cap-and-trade program

 

Progressive Conservative Party

  • Review Hydro One’s executive compensation, and make structural changes to the executive management structure
  • Drive more customer savings by allocating Hydro One dividends back to ratepayers
  • Maintain the Fair Hydro Plan rate relief and provide an additional 12% reduction
  • Place a moratorium on all new electricity generation contracts and review existing contracts for more savings
  • Remove the Smart Metering Charge on customer bills
  • Allow OPG to operate the Pickering nuclear generating station until 2024

 

New Democratic Party

  • Re-establish public ownership of Hydro One and reinstate independent, regulatory and government oversight
  • Cancel the Fair Hydro Plan and pursue a 30% reduction in customer bills
  • Establish an expert advisory panel to achieve system savings
  • Eliminate mandatory time-of-use ‘peak pricing’ model and move to flat delivery rate for ratepayers
  • Cap ‘private profits’ from the electricity system at cost plus 3%
  • Explore decommissioning the Pickering nuclear generating station

 

Green Party

  • Commit to a 100% renewable energy supply by 2050
  • Strong focus on GHG reductions, including implementing a carbon fee, accelerating net zero standards and supporting vehicle electrification
  • Dedicate roughly $4.2 billion in program grants and loans for energy conservation initiatives
  • Provide support for municipalities to develop and implement community energy plans
  • Decommission the Pickering nuclear plant and leverage capacity imports from Hydro Quebec
  • Place a moratorium on rebuilding any nuclear plants until an independent public review of costs and alternatives is conducted