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Maybe you should restructure your energy market so it is not so "profit driven" to avoid shock pricing? Our electricity prices going back to 2006 : https://www
by kennend3 4y ago
Maybe you should restructure your energy market so it is not so "profit driven" to avoid shock pricing?
Our electricity prices going back to 2006 : https://www.oeb.ca/consumer-information-and-protection/electricity-rates/historical-electricity-rates https://www.oeb.ca/consumer-information-and-protection/elect...
It has gone up over time, but no "shock price hikes". To change the rate, you need government approval and politicians are not fond of hiking rates and losing votes.
Basic essentials need "user fees" so there is not blatant waste, but perhaps having controls in place is a good thing?
In Ontario (and most of Canada) we regulate Natural gas, electricity and water rates to prevent "gouging". Power rates in Quebec are even lower thanks to their massive hydro electric generation which is extremely cheap and this is passed to the consumers. Ontario is mostly Nuclear, which costs more to generate vs hydro hence our higher rates.
- dvfjsdhgfv 4y ago> Maybe you should restructure your energy market so it is not so "profit driven" to avoid shock pricing? Well, it's a long story, but in short, Germany insisted on gas from Russia for two reasons: 1) it was cheaper than from other sources, 2) politicians hoped that they can somehow civilize Putin in this way. It didn't work well, and Mrs Merkel is embarrassed by it (I don't even mention previous chancellors).