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Old 11-27-2014, 06:32 AM  
RebelR
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Join Date: Feb 2005
Location: Across the river Styx
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Quote:
Originally Posted by MrBottomTooth View Post
You seem to be ignoring the fact their ridiculous green energy drive has made it impossible for factories to do business here. They are leaving in droves. A local factory actually published a public letter stating that unless something changes with energy costs they'll be moving to Mexico. Our own business cracked $6K in one month for hydro for the first time ever last year. Hell, i even let them put a giant solar panel in my yard so i could at least get some benefit out if it... that's how much they subsidized these things, paying ridiculous amounts per kw.

This unaffordable green crap was all done under the liberals watch in Ontario.
Under the micro-FIT program they pay $0.80/KWH when the avg price for hydro is $0.12. A number of people in my neck of the woods installed panels on their roofs. For an initial investment of roughly $75k, they expect to recoup in about 6-7 years. I also have wind farms about 30 mins away, I comment every time I drive by them that of the 20-30 I see, maybe 2 or 3 are actually turning.
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