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Utilities Analysis - Canada
By: Paul Young, CGA, CPA
Power Generation
Power Rates across Canada
Residential rates / per KWH
Industrial Rates by Provinces
Market Share by Utilities companies
Industrial Rates (USA)
Ontario Power Sales
Deliver Rates
Debt Ratio / Canadian Utilities
Debt Ratio / Canadian Utilities with
Provincial Debt
Ontario Adjusted Debt
• Debt at 2013 $273B
• Add: Hydro Debt 44B
• Add: Pension Funding 75B
• FIT Contracts 72B
• Infrastructure Plans 35B
• Deficit 2014 10B (estimate)
• Estimated Debt $509B
GDP at 2013 $696
Debt to GDP 73.1%
Hydro One Audits/Issues
Hydro One / Ontario
Ontario Smart Meters
Ontario Smart Meters
USA Privatization
• Idaho Utility
• One of the lowest hydro rates in USA
Idaho Utilities
Idaho Utilities
Idaho Utilities
Economic Policies (including Hydro)
Business Complaints
Business Complaints
Ontario Risks
Manufacturing Concerns
Jobs and Prosperity Fund
Liberal Bad Policies
Liberal Bad Policies – PT2
Liberal Bad Policies – PT3

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Power generation canada

Editor's Notes

  1. http://www.iea.org/stats/surveys/mes.pdf 22% of the power comes from combustible fuels (Natural Gas) 15% of the power comes from Nuclear 59% of the power comes from Hydro Green Energy accounts for 2.2% of the power generation
  2. http://www.ontario-hydro.com/index.php?page=electricity_rates_by_province
  3. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf
  4. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf
  5. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf
  6. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf AB is running at 7.83 cents as compare to Ontario that is about 10.25 cents. Ontario 30% higher than Michigan, New York,
  7. http://globalnews.ca/news/1094074/exporting-surplus-electricity-cost-ontario-1-billion-in-2013-ndp/
  8. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf
  9. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf
  10. http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf
  11. http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/econ15-eng.htm http://www.ippsa.com/IP_pdfs/IPPSA-Manning%20Centre%20Report.pdf http://www.auditor.on.ca/en/news_en/14_newsreleases/2014news_3.03.pdf http://mothersagainstturbines.com/2015/02/28/the-dirty-dozen-12-costly-mistakes-made-by-the-provincial-government-in-the-last-10-years/ http://www.moi.gov.on.ca/pdf/en/buildingtogether_en.pdf There is 72B in fit contracts for 20 years. So, if the new government were to break those contracts it would cost $72B Infrastructure plan is based on requirement. The government has been using savings bonds. The estimate is the commitment to spend on infrastructure The actual debt to GDP would be 73.1% if you included all the debt obligations (contracts) as well as the plans to spend money on infrastructure.
  12. http://www.auditor.on.ca/en/news_en/13_newsreleases/2013news_3.05OPGhumanresources.pdf
  13. http://www.auditor.on.ca/en/reports_en/en14/311en14.pdf
  14. http://www.thestar.com/business/2014/12/09/smart_meters_have_few_benefits_for_big_costs_ag_report.html
  15. Nearly 50% of their power comes from coal-fired
  16. https://www.idahopower.com/pdfs/AboutUs/RatesRegulatory/Reports/2013DSMAnnualReport.pdf Idaho power has one the lowest rates in the USA http://www.idacorpinc.com/financials/annlreps.cfm
  17. https://www.idahopower.com/pdfs/AboutUs/RatesRegulatory/Reports/2013DSMAnnualReport.pdf Idaho power has one the lowest rates in the USA http://www.idacorpinc.com/financials/annlreps.cfm
  18. https://www.idahopower.com/pdfs/AboutUs/RatesRegulatory/Reports/2013DSMAnnualReport.pdf Idaho power has one the lowest rates in the USA http://www.idacorpinc.com/financials/annlreps.cfm
  19. http://www.theglobeandmail.com/report-on-business/economy/ontario-drives-manufacturers-away-with-overpriced-electricity/article14854752/
  20. http://www.thestar.com/opinion/letters_to_the_editors/2014/12/19/huge_mistake_to_sell_hydro_assets.html
  21. Source: Stats Canada Ontario’s manufacturing base has shrunk due to many factors including hydro rates. Ontario MFG had $286B in sales as % of GDP 41%. Ontario lacks the capacity to pick up exports as either companies have scaled back their investment or have moved out of Ontario
  22. http://www.2020magazine.ca/_uploads/newsletter/document/4w14579xy.pdf
  23. Jobs and Prosperity Fund http://news.ontario.ca/medt/en/2015/01/ontario-launches-jobs-and-prosperity-fund-strategic-investment-framework.html Here are few examples that the Govt has either used the new jobs funds or provided grants. The govt solution is to hand out money and not look at the input costs/productivity issues