Electricity Prices

The cost index tabulated below clearly refutes Conservative misinformation which claims that Ontario electricity prices are the highest in North America.   As just two examples, New York’s prices are 95% higher than Ottawa’s and San Francisco’s 104% higher.  Ontario ranked comparatively cheaper a quarter century ago, but that was back when our much-younger nuclear reactors were the most reliable, best performing in the world and our huge coal-fired plant was producing relatively inexpensive energy (while causing frequent smog days, resulting in thousands of premature deaths annually).

Cost Index City Province or State Hydro Nuclear Fossil fuels Renew-ables
100 Montreal Quebec 92% 0% 3% 5%
123 Winnipeg Manitoba 87% 0% 9% 4%
146 Edmonton Alberta 7% 0% 85% 8%
148 Calgary Alberta 7% 0% 85% 8%
157 Vancouver BC 88% 0% 10% 2%
158 St. John’s Newfoundland 91% 0% 8% 1%
175 Houston Texas 0% 9% 77% 14%
183 Moncton New Brunswick 21% 16% 57% 7%
189 Miami Florida 0% 12% 84% 3%
206 Portland Oregon 57% 0% 29% 14%
213 Seattle Washington 69% 8% 14% 9%
214 Chicago Illinois 0% 53% 41% 6%
215 Nashville Tennessee 9% 37% 54% 0%
215 Ottawa Ontario 25% 37% 29% 8%
225 Regina Saskatchewan 20% 0% 76% 4%
228 Halifax Nova Scotia 14% 0% 74% 12%
231 Toronto Ontario 25% 37% 29% 8%
232 Charlottetown PEI 0% 0% 39% 61%
300 Detroit Michigan 1% 28% 63% 7%
402 Boston Massachusetts 2% 17% 73% 7%
420 New York New York 20% 31% 44% 5%
439 San Francisco California 15% 10% 50% 26%

The cost index is taken from Hydro-Quebec’s annual survey of North American electricity prices (10 provinces and 10 representative US states). Data is current as of April 1, 2017, and the index is relative to Montreal, which has always been the least expensive. To facilitate comparisons between jurisdictions, each has been categorized by source of generation capacity, which serves as the best predictor of electricity prices. Like Quebec, those cheaper than Ontario tend to be blessed with much more hydro-electric potential.  Other significant factors are large coal-fired power plants and younger nuclear reactors.

Source:  http://www.hydroquebec.com/data/documents-donnees/pdf/comparison-electricity-prices.pdf

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