Category : Energy and Natural Resources
Ontario's Energy and Electricity Subsidy Programs
This report examines the Province’s nine energy and electricity subsidy programs, estimates the cost of the programs over 20 years, and reviews how the programs affect the electricity bills of Ontario households and businesses. The report also identifies changes to the subsidy programs since the introduction of the Fair Hydro Plan in 2017 and estimates the cost of those changes. Finally, the report discusses how the Province plans to achieve its commitment to lower electricity bills by 12 per cent.
Home Energy Spending in Ontario: Income and Regional Distribution
This report examines how home energy spending differs across household income levels and regions in Ontario. The report also discusses how the benefits from provincial programs that subsidize the cost of electricity are distributed to Ontario households by income level and region.
The Cost of Subsidizing Green Energy Contracts for Industrial and Large Commercial Ratepayers
This report explains how the Province’s new program to reduce electricity costs for industrial and large commercial ratepayers by subsidizing the cost of green energy contracts will work, projects the cost of the program to the Province, and estimates the impact of the program on Ontario electricity ratepayers.
A Financial Review: The Decision to Freeze Time-Of-Use Electricity Pricing
The purpose of this report is to: explain time-of-use (TOU) electricity pricing in Ontario, estimate electricity bill savings for residential and commercial (mainly small businesses and farms) ratepayers; and project the cost to the Province from suspending TOU pricing.
Home Energy Spending in Ontario: 2019 Update
This report is the 2019 Update on Home Energy Spending in Ontario. Home energy spending represents what Ontarians pay to heat and cool their homes and power their appliances.
Electricity Trade Agreement
This report reviews the Ontario-Quebec Electricity Trade Agreement, which is a seven-year agreement between Ontario and Quebec that runs from 2017 to 2023.
Hydro One: Updated Financial Analysis of the Partial Sale of Hydro One
This report provides an updated financial analysis of the partial sale of Hydro One. The Province completed its final sale of Hydro One shares in December of 2017 and generated an estimated $9.2 billion in proceeds by selling 53 per cent of Hydro One.
Nuclear Refurbishment Report
The FAO’s report reviews how the nuclear refurbishment plan will impact electricity ratepayers and the Province, and identifies how financial risk is allocated among ratepayers, the Province, Ontario Power Generation and Bruce Power.
An Assessment of the Fiscal Impact of the Province’s Fair Hydro Plan
This report reviews how Ontario’s Fair Hydro Plan (FHP) will impact electricity ratepayers and Provincial finances.
Home Energy Spending in Ontario: Regional and Income Distribution Perspectives
This commentary answers two questions: 1) on average how do home energy costs in Ontario compare across regions of the province? and 2) how much do Ontario households at different levels in the income distribution spend on home energy?
The Financial Accountability Office was established by the Financial Accountability Officer Act, 2013.
