Nearly CAD $70 billion has been invested in the Ontario electricity system since 2003, including closing all coal-fired generating stations.
Last year, Ontario’s electricity system was 90 percent free of greenhouse gases that cause climate change.
The newly announced 2017 Long-Term Energy Plan will set the course for Ontario’s energy sector up to 2035, and the Minister of Energy is confident the plan will deliver fairness, affordability, and choice for residents and businesses in Ontario.
“Ontario is committed to ensuring our electricity is clean, reliable and affordable”, said Glenn Thibeault, Ontario’s Minister of Energy. “The 2017 Long-Term Energy Plan outlines our investments to date and how we plan to continue building an energy system with fairness and choice for people across the province.”
The Ministry says enhancing net metering will allow more people the opportunity to produce clean energy and use it to power their homes and lower their electricity bills.
The province also plans to enable third-party ownership of net metering systems and to enable the deployment of demonstration projects for virtual net metering in 2018.
“With the Long-Term Energy Plan, the Ontario Government continues to demonstrate leadership in moving towards decarbonization and ensuring a clean and reliable supply of electricity to drive Ontario’s economy,” said John Gorman, CanSIA President, and CEO. “Solar energy is an innovative technology that is well positioned to help Ontario execute on its climate, energy and economic plans.”
The Minister also issued directives to the Independent Electricity System Operator (IESO) and the Ontario Energy Board (OEB) to develop implementation plans to meet objectives outlined in the 2017 Long-Term Energy Plan.