Viewing Single Entry

Cost of energy drops

November 3rd, 2007

In a previous post about using Bullfrog instead of buying Solar Panels, I used 5% as the amount by which energy costs would increase each year. I also noted that it was probably unfair to apply this rate to Bullfrog since the costs of wind power and especially solar power would likely decline over time.

Oddly enough, energy prices seem to have dropped for both Toronto Hydro AND Bullfrog Power. I didn’t make careful note of the energy cost breakdown last time, so here it is for future comparison:

30-day Breakdown
(Cents / kWh)
Toronto Hydro
(<600 kWh)
Toronto Hydro
(>600 kWh)
Bullfrog Power
Usage 5.3 6.2 8.9
Transmission 1.02 1.02 1.02
Distribution 1.87 1.87 1.87
Wholesale Mkt Ops 0.62 0.62 0.62
Debt Retirement 0.70 0.70 0.70
Sub-total 9.51 10.41 13.11
GST 0.57 0.62 0.79
TOTAL 10.1 11.0 13.9

Other than the rate for power from Bullfrog, the energy pricing information comes from Toronto Hydro’s web site. In addition to the above amounts there is a flat ‘customer charge’ of $12.68 ($13.44 with GST) per 30 days.

So the standing question is whether you can afford a small markup to your electricity bill to know that your power usage is coming from low-impact hydro, wind and solar sources, instead of nuclear, high-impact hydro, and coal? It seems like a ridiculously small price to pay, to me.

Posted by Colin