Since 2006, the electricity market has generated $1.5 billion through net exports, which is in stark contrast to 2002 and 2003 when Ontario paid $900 million to import power. Over the last year, the province exported power at positive prices 99 per cent of the time.
Ontario is replacing dirty, coal-fired plants with cleaner sources of power like wind, solar and bio-energy. ItÂ’s part of the McGuinty governmentÂ’s plan to keep costs down for families today, while building a clean, modern and reliable electricity system for tomorrow.
OntarioÂ’s Green Energy Act will create 50,000 clean energy jobs by the end of 2012. Over 13,000 jobs have already been created as a result of our plan.