The Energy Page: HYDRO
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Hydro users getting break

LEAP program helping more than 50 additional households

Ontario energy assistanceAs the mercury drops, a provincewide program remains in place to help pay hydro bills.

The Low-income Energy Assistance Program (LEAP) is offered by electric utilities and regulated by the Ontario Energy Board (OEB). It targets low-income electricity consumers in Ontario who are experiencing difficulties keeping their hydro bills paid up.

Offered on a year-round basis or until the available funds are exhausted, LEAP is intended to supplement other existing financial support programs.

"The funding being provided though LEAP will help individuals and families who require assistance to keep their account current with us," said PowerStream chairman Frank Scarpitti, who's also Markham's mayor. "LEAP has enabled us to broaden our reach to those in need when compared to other support programs that were previously in place." MORE


 

hydro power

Hydropower Investment Could Create a Million Canadian Jobs

OTTAWA, ONTARIO, Dec 14, 2011 -- The Canadian Hydropower Association (CHA) reported today that a study it commissioned indicates hydropower investment could produce over 1,000,000 Canadian jobs over the next 20 years from construction activities alone. These are known as FTEs, or "full-time equivalents," where each represents one person employed for one year. The employment opportunities would occur in every region of the country. The business school, HEC Montreal, conducted the study, entitled Job Creation and Economic Development Opportunities in the Canadian Hydropower Market.

Electricity generation projects already under consideration for 2011-2030 would create 776,000 FTEs for construction firms and their suppliers, which is the equivalent of 38,800 positions lasting 20 years. A further 224,000 induced FTEs are forecast to be created by increased spending by those directly or indirectly employed by the projects. "These results highlight what appears to be one of the best kept secrets of the Canadian energy sector," said CHA President and CEO Jacob Irving, "the multiple benefits of Canada's extraordinary hydropower potential."

The report's authors employed the commonly used Statistics Canada Input - Output Model of the Canadian economy to test various scenarios. The 158 potential projects that industry members identified for the study would require investment of $127.7 billion and would result in 29,060 megawatts (MW) of both refurbished and new generation capacity. The model results predict that Gross Domestic Product (GDP) would be about $15 billion per year greater over the study period than it would have been otherwise, due to the construction of the capacity and its subsequent operation. MORE

 

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