Paid to use Ontario Surplus Electricity
Ontario's surplus power giveaways could be nearing end The days when customers in New York or Quebec get paid to use Ontario electricity may be drawing to a close. The Independent Electricity System Operator will consider halting the practice when its board meets next week should save Ontario electricity ratepayers — who now collectively pick up the bill for the payments — about $10 million a year. While out-of-province customers will no longer enjoy the "negative prices," big industrial customers inside Ontario would still be able to use the better-than-free power when it's available. "This rule would eliminate those negative price exports, so in essence you're not paying someone else to use your power. Paying customers to use power sometimes happens when Ontario Has surplus power.Nuclear power plants and some of the big hydro-electric stations tend to churn out the same amount of power all the time, no matter how low demand falls. The market price can colla